The Economic Theory of Dynamic Pensions and Their Impact on Capital Formation and Economic Growth - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Economic Theory of Dynamic Pensions and Their Impact on Capital Formation and Economic Growth write by Miltiadis Nektarios. This book was released on 1980. The Economic Theory of Dynamic Pensions and Their Impact on Capital Formation and Economic Growth available in PDF, EPUB and Kindle.
The economic theory of dynamic pensions and their impact on capital formation and economic growth
The economic theory of dynamic pensions and their impact on capital formation and economic growth - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The economic theory of dynamic pensions and their impact on capital formation and economic growth write by Miltiadis Nektarios. This book was released on 1984. The economic theory of dynamic pensions and their impact on capital formation and economic growth available in PDF, EPUB and Kindle.
Public Pensions, Capital Formation, And Economic Growth
Public Pensions, Capital Formation, And Economic Growth - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Public Pensions, Capital Formation, And Economic Growth write by Miltiadis Nektarios. This book was released on 2019-09-16. Public Pensions, Capital Formation, And Economic Growth available in PDF, EPUB and Kindle. Dr. Nektarios examines the principles and criteria under lying public pension programs and assesses the effect of these programs on general economic growth. He begins by discussing the economic rationale of public pensions, then analyzes the influence of economic and demographic variables on the cost of a pension program and the effects of public pension systems on aggregate levels of income and capital stock. Suggesting that Feldstein's social security wealth(SSW) variable overestimates the amount of wealth generated by public pensions, Dr. Nektarios constructs a new SSW variable and uses it to estimate the impact of the u.s. Old Age and Survivors Insurance(OASI) program on capital formation and economic growth in the U.S. economy. The results of his econometric analysis suggest that operation of the OASI program has reduced capital formation by 10to 14 percent.
Public Pensions and Economic Growth
Public Pensions and Economic Growth - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Public Pensions and Economic Growth write by Berthold U. Wigger. This book was released on 2002-04-23. Public Pensions and Economic Growth available in PDF, EPUB and Kindle. This book studies the normative and positive ramifications of public pension policies in a growing economy. It analyzes the impact of an unfunded public pension scheme on aggregate productivity growth and efficiency, it considers the political forces behind public pension legislation, and it develops and discusses elements of public pension design and reform. The book emphasizes the endogenous growth paradigm for an understanding of the dynamic impact of intergenerational transfers inherent in an unfunded public pension scheme. It uncovers an allocative role of intergenerational transfers which is exclusively linked to the possibility of endogenously evolving economic growth. The endogenous growth approach also allows to identify unfunded public pensions as a source of a conflict between current and future generations. This conflict shapes private old-age security considerations as well as the process of public pension legislation.
Finance and Growth
Finance and Growth - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Finance and Growth write by Ross Levine. This book was released on 2004. Finance and Growth available in PDF, EPUB and Kindle. "This paper reviews, appraises, and critiques theoretical and empirical research on the connections between the operation of the financial system and economic growth. While subject to ample qualifications and countervailing views, the preponderance of evidence suggests that both financial intermediaries and markets matter for growth and that reverse causality alone is not driving this relationship. Furthermore, theory and evidence imply that better developed financial systems ease external financing constraints facing firms, which illuminates one mechanism through which financial development influences economic growth. The paper highlights many areas needing additional research"--NBER website
