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Population Aging, Pension Systems, and Economic Growth: Applying an Overlapping Generations Model to the Informal Sector

This paper analyzes the effects of an unfunded pension system on economic growth using an extended overlapping generations model to include the informal sector. Emerging countries usually have a more significant informal sector than advanced ones. The findings based on the Thai economy data suggest...

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Autor principal: NAVARAT TEMSUMRIT
Formato: Artigo
Idioma:Inglês
Publicado em: World Scientific Publishing 2023-09-01
coleção:Asian Development Review
Assuntos:
aging population
human capital
informal sector
old-age allowance
overlapping generations model
public pension system
Acesso em linha:https://www.worldscientific.com/doi/10.1142/S0116110523500154
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