Pension reforms in Europe: An investigation with a computable OLG world model [An article from: Economic Modelling]
Book Details
PublisherElsevier
ISBN / ASINB000PDTIBY
ISBN-13978B000PDTIB2
AvailabilityAvailable for download now
Sales Rank99,999,999
MarketplaceUnited States 🇺🇸
Description
This digital document is a journal article from Economic Modelling, published by Elsevier in 2007. The article is delivered in HTML format and is available in your Amazon.com Media Library immediately after purchase. You can view it with any web browser.
Description:
This paper presents and briefly discusses the INGENUE model, an international computable overlapping-generations model of the world economy. After a short description of the major features of the baseline scenario of the model for the world economy over the next century, we systematically explore the domestic and international macroeconomic consequences of three scenarios of pension reforms in Europe, as well as their intergenerational distributional effects. We then compare the outcomes in the INGENUE model with those obtained in similar models where Europe is treated either in autarky or as a small, open economy.
Description:
This paper presents and briefly discusses the INGENUE model, an international computable overlapping-generations model of the world economy. After a short description of the major features of the baseline scenario of the model for the world economy over the next century, we systematically explore the domestic and international macroeconomic consequences of three scenarios of pension reforms in Europe, as well as their intergenerational distributional effects. We then compare the outcomes in the INGENUE model with those obtained in similar models where Europe is treated either in autarky or as a small, open economy.
