Casarico, Alessandra - In: Topics in Economic Analysis & Policy 1 (2001) topics/1/1, pp. 1017-1017
a pay-as-you-go and a fully funded pension system and it first analyzes the open economy implications of the different … pension designs under the assumption that the pay-as-you-go system is balanced and in steady state equilibrium. It then … elaborates on the institutional structure of the pay-as-you-go system to analyze how its degree of maturity, its expenditure …