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percent of GDP), instead of increasing it – as is projected for the majority of other OECD countries. This paper presents the … conceptual background of the new system design. The new system’s long-term objective is to ensure intergenerational equilibrium … irrespective of the demographic situation. This requires stabilisation of the share of GDP allocated to the entire retired …
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aspects and dynamic ones are approached. Also, based on the model built, it is determined the level of potential GDP and the … natural unemployment rate. The determination of marginal main indicators of GDP and interest rates, allow to identify problems … and the directions of action to achieve economic equilibrium. …
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aspects and dynamic ones are approached. The determination of marginal main indicators of GDP and interest rates, allow to … identify problems and the directions of action to achieve economic equilibrium. …
Persistent link: https://www.econbiz.de/10011570472
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theoretically precise partial-equilibrium indicators of the trade and welfare effects of agricultural policy distortions to producer …
Persistent link: https://www.econbiz.de/10015360628
This chapter defines a universal public pension scheme (UPPS) as a government-mandated lifecycle longevity insurance scheme that transfers individual consumption from the working years to the retirement phase of the lifecycle. It discusses the differences in four UPPS designs defined with regard...
Persistent link: https://www.econbiz.de/10012005922
accumulated in each of the accounts are annualised. Pensions depend on two factors: (a) accumulated capital, and (b) age of …
Persistent link: https://www.econbiz.de/10005677687