Pensions as an Engine of Growth. An Approach to the Spanish Case, Based on the Sraffian Supermultiplier
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DOI: 10.1080/09538259.2024.2351833
Abstract: ABSTRACT In this paper, following Cesaratto's lead (Cesaratto, [2005]. Pension Reform and Economic Theory: A Non-Orthodox Analysis. Cheltenham: Edward Elgar, especially chapters 6-8), we measure the impact of pensioners' spending on output and employment in… read more here.
Keywords: engine growth; sraffian supermultiplier; growth approach; supermultiplier ... See more keywords