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security system in an economy with unemployment caused by trade unions. Using a simple two-period overlapping generations …
Persistent link: https://www.econbiz.de/10011592074
The paper shows the effect of demographic change on per capita burden of financing a PAYG social security system in the standard OLG model with frictional labor markets. Rising longevity and decreasing fertility both induce a rise in the employment level via increased capital accumulation and...
Persistent link: https://www.econbiz.de/10011300641
and the regional unemployment rate when children are 10 years old are significantly related to the education that these …
Persistent link: https://www.econbiz.de/10003886300
The paper shows the effect of demographic change on per capita burden of financing a PAYG social security system in the standard OLG model with frictional labor markets. Rising longevity and decreasing fertility both induce a rise in the employment level via increased capital accumulation and...
Persistent link: https://www.econbiz.de/10010471698