Please use this identifier to cite or link to this item: http://dspace.mediu.edu.my:8181/xmlui/handle/10419/19033
Full metadata record
DC FieldValueLanguage
dc.creatorZamac, Jovan-
dc.date2005-
dc.date.accessioned2013-10-16T07:02:28Z-
dc.date.available2013-10-16T07:02:28Z-
dc.date.issued2013-10-16-
dc.identifierhttp://hdl.handle.net/10419/19033-
dc.identifierppn:503702439-
dc.identifier.urihttp://koha.mediu.edu.my:8181/xmlui/handle/10419/19033-
dc.descriptionThis study compares alternative designs of an unfunded pension system. Convex combinations between a fixed contribution rate and a fixed benefit rate are considered. The objective is to maximize the expected ex-ante welfare under stochastic fertility. The model is a three-period CGE framework where the design of the education system and effects on factor prices are accounted for. The effects on factor prices depend on the degree of capital mobility. For low degrees of capital mobility it is optimal to have a fixed benefit rate in the pension system. But for the small open economy, a fixed contribution rate is optimal if the education system has a fixed benefit rate. This design of education and pension systems assures that individuals in the small open economy are unaffected by fertility fluctuations.-
dc.languageeng-
dc.publisher-
dc.relationCESifo working papers 1569-
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
dc.subjectH52-
dc.subjectH55-
dc.subjectJ13-
dc.subjectddc:330-
dc.subjectpension schemes-
dc.subjectdemography-
dc.subjectsocial security-
dc.subjecteducation-
dc.subjectfertility-
dc.subjectGesetzliche Rentenversicherung-
dc.subjectUmlageverfahren-
dc.subjectSozialversicherungsbeitrag-
dc.subjectBildungsfinanzierung-
dc.subjectAllgemeines Gleichgewicht-
dc.subjectInternationale Kapitalmobilität-
dc.subjectBevölkerungsökonomie-
dc.subjectWohlfahrtseffekt-
dc.subjectTheorie-
dc.titlePension design when fertility fluctuates : the role of capital mobility and education financing-
dc.typedoc-type:workingPaper-
Appears in Collections:EconStor

Files in This Item:
There are no files associated with this item.


Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.