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pro vyhledávání: '"Thorsteinn Sigurdur Sveinsson"'
This paper utilises a model with overlapping generations ad modum Blanchard-Yaari and shows that by broadening the labour supply on the extensive margin through longevity adjustment of the statutory retirement age, labour supply is likely to decrease
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::6fa77ec7a9a6ef55be345c991694d506
https://doi.org/10.21203/rs.3.rs-2864551/v1
https://doi.org/10.21203/rs.3.rs-2864551/v1
Publikováno v:
De Economist. 169:427-444
This paper develops a model with overlapping generations of households, productive public and private capital, and a golden rule of fiscal policy aimed at maximizing economic growth. Studying the transitional dynamics between steady states triggered
Publikováno v:
Economica. 88(350):339-363
We find that segments of society who have shorter life expectancy can expect a lower income from their pensions and lifetime utility due to the longevity of other groups participating in the same pension scheme. Linking the pension age to average lif
Publikováno v:
SSRN Electronic Journal.
Autor:
Svend Erik Hougaard Jensen, Sigurdur P. Olafsson, Arnaldur Stefánsson, Thorsteinn Sigurdur Sveinsson, Gylfi Zoega
Publikováno v:
SSRN Electronic Journal.
Autor:
Filipe Vieira, Andrew Hughes Hallett, Svend E. Hougaard Jensen, Thorsteinn Sigurdur Sveinsson
Publikováno v:
European Journal of Political Economy. 57:34-52
This paper develops an overlapping generations model to evaluate, first, the steady state growth-maximizing level of public debt around which an economy needs to stabilise; second, how the optimal level of public debt varies as a function of key popu