Grenno, Javier Vazquez - In: Hacienda Pública Española 195 (2010) 4, pp. 37-64
baseline scenario is projected as well as several reforms are simulated, focusing on: (i) an immigration policy, (ii) changes …. The expenditure on pensions in terms of GDP will increased from 8.3% in 2009 to 17.0% in 2049. An immigration policy …