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The Economic Theory of Dynamic Pensions and Their Impact on Capital Formation and Economic Growth

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Release : 1980
Genre : Economic research
Kind : eBook
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Book Synopsis The Economic Theory of Dynamic Pensions and Their Impact on Capital Formation and Economic Growth by : Miltiadis Nektarios

Download or read book The Economic Theory of Dynamic Pensions and Their Impact on Capital Formation and Economic Growth written by Miltiadis Nektarios. This book was released on 1980. Available in PDF, EPUB and Kindle. Book excerpt:

The economic theory of dynamic pensions and their impact on capital formation and economic growth

Download The economic theory of dynamic pensions and their impact on capital formation and economic growth PDF Online Free

Author :
Release : 1984
Genre :
Kind : eBook
Book Rating : /5 ( reviews)

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Book Synopsis The economic theory of dynamic pensions and their impact on capital formation and economic growth by : Miltiadis Nektarios

Download or read book The economic theory of dynamic pensions and their impact on capital formation and economic growth written by Miltiadis Nektarios. This book was released on 1984. Available in PDF, EPUB and Kindle. Book excerpt:

Public Pensions, Capital Formation, And Economic Growth

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Author :
Release : 2019-09-16
Genre : Political Science
Kind : eBook
Book Rating : 677/5 ( reviews)

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Book Synopsis Public Pensions, Capital Formation, And Economic Growth by : Miltiadis Nektarios

Download or read book Public Pensions, Capital Formation, And Economic Growth written by Miltiadis Nektarios. This book was released on 2019-09-16. Available in PDF, EPUB and Kindle. Book excerpt: Dr. Nektarios examines the principles and criteria under lying public pension programs and assesses the effect of these programs on general economic growth. He begins by discussing the economic rationale of public pensions, then analyzes the influence of economic and demographic variables on the cost of a pension program and the effects of public pension systems on aggregate levels of income and capital stock. Suggesting that Feldstein's social security wealth(SSW) variable overestimates the amount of wealth generated by public pensions, Dr. Nektarios constructs a new SSW variable and uses it to estimate the impact of the u.s. Old Age and Survivors Insurance(OASI) program on capital formation and economic growth in the U.S. economy. The results of his econometric analysis suggest that operation of the OASI program has reduced capital formation by 10to 14 percent.

Public Pensions and Economic Growth

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Author :
Release : 2002-04-23
Genre : Business & Economics
Kind : eBook
Book Rating : 968/5 ( reviews)

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Book Synopsis Public Pensions and Economic Growth by : Berthold U. Wigger

Download or read book Public Pensions and Economic Growth written by Berthold U. Wigger. This book was released on 2002-04-23. Available in PDF, EPUB and Kindle. Book excerpt: This book studies the normative and positive ramifications of public pension policies in a growing economy. It analyzes the impact of an unfunded public pension scheme on aggregate productivity growth and efficiency, it considers the political forces behind public pension legislation, and it develops and discusses elements of public pension design and reform. The book emphasizes the endogenous growth paradigm for an understanding of the dynamic impact of intergenerational transfers inherent in an unfunded public pension scheme. It uncovers an allocative role of intergenerational transfers which is exclusively linked to the possibility of endogenously evolving economic growth. The endogenous growth approach also allows to identify unfunded public pensions as a source of a conflict between current and future generations. This conflict shapes private old-age security considerations as well as the process of public pension legislation.

Economic Growth, second edition

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Release : 2003-10-10
Genre : Business & Economics
Kind : eBook
Book Rating : 539/5 ( reviews)

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Book Synopsis Economic Growth, second edition by : Robert J. Barro

Download or read book Economic Growth, second edition written by Robert J. Barro. This book was released on 2003-10-10. Available in PDF, EPUB and Kindle. Book excerpt: The long-awaited second edition of an important textbook on economic growth—a major revision incorporating the most recent work on the subject. This graduate level text on economic growth surveys neoclassical and more recent growth theories, stressing their empirical implications and the relation of theory to data and evidence. The authors have undertaken a major revision for the long-awaited second edition of this widely used text, the first modern textbook devoted to growth theory. The book has been expanded in many areas and incorporates the latest research. After an introductory discussion of economic growth, the book examines neoclassical growth theories, from Solow-Swan in the 1950s and Cass-Koopmans in the 1960s to more recent refinements; this is followed by a discussion of extensions to the model, with expanded treatment in this edition of heterogenity of households. The book then turns to endogenous growth theory, discussing, among other topics, models of endogenous technological progress (with an expanded discussion in this edition of the role of outside competition in the growth process), technological diffusion, and an endogenous determination of labor supply and population. The authors then explain the essentials of growth accounting and apply this framework to endogenous growth models. The final chapters cover empirical analysis of regions and empirical evidence on economic growth for a broad panel of countries from 1960 to 2000. The updated treatment of cross-country growth regressions for this edition uses the new Summers-Heston data set on world income distribution compiled through 2000.

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