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Population Ageing, Pensions and Growth - Intertemporal Trade-offs and Consumption Planning (Hardcover)
Loot Price: R3,548
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Population Ageing, Pensions and Growth - Intertemporal Trade-offs and Consumption Planning (Hardcover)
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This highly topical book explores key issues in evaluating the
long-run implications of population ageing for pensions, taxation,
intergenerational equity and social welfare. Societies face
long-term phenomena, such as demographic change and climate change
that impose costs and benefits far into the future. These present
challenges for policymakers in planning intertemporal consumption
paths that balance the goals of efficiency and equity. An
exploration of these issues, with respect to population ageing in
particular, is the primary motivation for this book. John Creedy
and Ross Guest evaluate these problems with a particular focus on
the role of concepts, assumptions and value judgements. This book
will be a fascinating read for researchers interested in the social
evaluation of population ageing and climate change. Public policy
makers and advisers will find the analysis of practical policy
questions such as alternative regimes for taxing public pensions of
special interest. Graduate students of macroeconomics and public
economics will also find helpful discussions of social discounting,
the efficiency and equity effects of tax smoothing, and potential
new effects of population ageing on labour productivity.
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