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第 1 到 3 筆結果,共 7 筆
第 53 頁
Samuelson's result is no longer true in our endogenous longevity model.3 A
social security system is basically a lump-sum transfer system from the young to
the old. We consider schemes to finance a pension payment other than by lump-
sum ...
Samuelson's result is no longer true in our endogenous longevity model.3 A
social security system is basically a lump-sum transfer system from the young to
the old. We consider schemes to finance a pension payment other than by lump-
sum ...
第 167 頁
This interest subsidy has the same effect as a lump-sum transfer, as it is
unanticipated. We next prove the theorem. 4.3 Methodology for the Proof of the
Theorem: Constant Utility Maximal Growth (CUMG) From the Feasibility
Conditions ...
This interest subsidy has the same effect as a lump-sum transfer, as it is
unanticipated. We next prove the theorem. 4.3 Methodology for the Proof of the
Theorem: Constant Utility Maximal Growth (CUMG) From the Feasibility
Conditions ...
第 175 頁
Despite the availability of intergenerational lump-sum transfers. ... Only under
special conditions and provided that an unanticipated intragenerational lump-
sum transfer between the retired generation is available, can a (one-generation)
...
Despite the availability of intergenerational lump-sum transfers. ... Only under
special conditions and provided that an unanticipated intragenerational lump-
sum transfer between the retired generation is available, can a (one-generation)
...
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activity addition adjustment allocation analysis Association assumed assumption banks becomes capital competitive consider constraint consumption cost crisis depends derive dynamic Economic effects equation equilibrium estimated example exchange rate expected factor Figure firm foreign function given growth Hanyang higher Hong implies incentives included income increase individual industry inflation initial interest introduced investment Journal Korean labor less marginal maximize means measure mentor menu cost migration monetary money demand nature Note optimal outliers output period positive possible present problem production profit Promotion proteges provides reduce relationship reported Research respect response Review sector shocks shows significant social solution Statistics steady structure substitution supply Table term tests theory tion transition University utility utility function variable welfare