This article search to evaluate the impacts of the General Regimen of Social Security (RGPS) on the well-being of the society and on some macroeconomic variables. The analysis will be made by means of the numerical simulation of a model of overlapping generations, calibrated to reproduce the...

This paper assesses the effects of the international financial liberalization on the economic growth and social welfare of developed and developing countries by surveying the related theoretical and empirical literature. It covers initially the traditional neoclassical growth model and some...