BUYSE, T.; HEYLEN, F.; KERCKHOVE, R. VAN DE - Faculteit Economie en Bedrijfskunde, Universiteit Gent - 2011
We study the effects of pension reform in a four-period OLG model for an open economy where hours worked by three active generations, education of the young, the retirement decision of older workers, and aggregate per capita growth, are all endogenous. Next to the characteristics of the pension...