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Public pensions and capital accumulation : the case of Brazil

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dc.creator Glomm, Gerhard
dc.creator Jung, Jürgen
dc.creator Lee, Changmin
dc.creator Tran, Chung
dc.date 2005
dc.date.accessioned 2013-10-16T07:02:22Z
dc.date.available 2013-10-16T07:02:22Z
dc.date.issued 2013-10-16
dc.identifier http://hdl.handle.net/10419/19003
dc.identifier ppn:500853053
dc.identifier.uri http://koha.mediu.edu.my:8181/xmlui/handle/10419/19003
dc.description We use an OLG model to study the effects of the generous public sector pension system in Brazil. In our model there are two types of workers, one working in the private sector, the other working in the public sector. Public workers produce infrastructure or education services. We find that reducing generosity of the public sector pensions has large effects on capital accumulation and steady state income.
dc.language eng
dc.publisher
dc.relation CESifo working papers 1539
dc.rights http://www.econstor.eu/dspace/Nutzungsbedingungen
dc.subject H55
dc.subject H41
dc.subject E62
dc.subject ddc:330
dc.subject pension reform
dc.subject capital accumulation
dc.subject Ruhegehalt
dc.subject Rentenreform
dc.subject Wirtschaftspolitische Wirkungsanalyse
dc.subject Investition
dc.subject Brasilien
dc.title Public pensions and capital accumulation : the case of Brazil
dc.type doc-type:workingPaper


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