The transition to a multi-pillar pension system: the inherent socio-economic anomaly
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DOI: 10.1108/jfep-07-2020-0162
Abstract: Purpose This paper aims to analytically show that in an over-lapping-generation (OLG) model, low earning cohorts bear unwanted risk and absorb higher economic cost than high earning cohorts do. Design/methodology/approach This paper aims to consider… read more here.
Keywords: pension; paper; pension system; low earning ... See more keywords