Creedy, John; Enright, Jamas; Gemmell, Norman; Mellish, … - 2009
equilibrium implications (at a very high level of
aggregation) for savings, investment and growth, allowing for the endogenous … range of categories of social expenditure, such as
education, health, superannuation, unemployment and sickness benefits … unemployment rates, such
projections of social expenditure are subject to a large degree of uncertainty.
5
An alternative …