Yasuoka, Masaya; Goto, Naohisa - 2009
and economic growth under a pay-as-you-go pension
system. Moreover, this paper presents ways to finance such policies: one …, Endogenous fertility, Pay-as-you-go pension system,
Taxation
∗Research for this paper was supported financially by a Grant … government must collect
a contribution from younger people to run the pay-as-you-go pension system. If the
population of the …