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Motivation Model Calibration Results
Welfare effects of fiscal policy in reforming the pension system
Krzysztof Makarski
(wi...
Motivation Model Calibration Results
Motivation
Longevity ⇑
Pay-As-You-Go Defined Benefits (PAYG DB) ⇒ fiscally unstable if n...
Motivation Model Calibration Results
Motivation
Longevity ⇑
Pay-As-You-Go Defined Benefits (PAYG DB) ⇒ fiscally unstable if n...
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