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This volume was prepared by Constantin Mang while he was working at the Ifo Institute. It was completed in 2014 and accepted as a doctoral thesis by the Department of Economics at the University of Munich. It includes a short introduction and four self-contained chapters that focus on ICT...
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consumption and mortgage markets allow us to increase consumption immediately by giving up future spending opportunities … accordingly. For this reason, pension and mortgage systems play a key role to individual savings decisions. This dissertation is … pension and mortgage features. …
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