ECONOMIC GROWTH AND SOCIAL WELFARE EFFECTS OF DIFFERENT WAYS OF FINANCING A RETIREMENT PENSION
ECONOMIC GROWTH AND SOCIAL WELFARE EFFECTS OF DIFFERENT WAYS OF FINANCING A RETIREMENT PENSION
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Taipei: Institute of Economics, Academia Sinica
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Chinese
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Taipei: Institute of Economics, Academia Sinica
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Contents
Based on the growth and welfare effects of a retirement pension, this paper analyzes the pros and cons (by the lifetime risk) between premium financing or tax financing. Several main findings are concluded as follows. First, both premium financing and tax financing reduce the balanced growth rate, and tax financing reduces economic growth rate more...
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Full title
ECONOMIC GROWTH AND SOCIAL WELFARE EFFECTS OF DIFFERENT WAYS OF FINANCING A RETIREMENT PENSION
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TN_cdi_proquest_journals_2417380086
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https://devfeature-collection.sl.nsw.gov.au/record/TN_cdi_proquest_journals_2417380086
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ISSN
1018-161X
E-ISSN
1810-4851