- 195 pages
- English
- PDF
- Available on iOS & Android
eBook - PDF
Public Pensions, Capital Formation, And Economic Growth
About this book
Dr. Nektarios examines the principles and criteria under lying public pension programs and assesses the effect of these programs on general economic growth. He begins by discussing the economic rationale of public pensions, then analyzes the influence of economic and demographic variables on the cost of a pension program and the effects of public pension systems on aggregate levels of income and capital stock. Suggesting that Feldstein's social security wealth(SSW) variable overestimates the amount of wealth generated by public pensions, Dr. Nektarios constructs a new SSW variable and uses it to estimate the impact of the u.s. Old Age and Survivors Insurance(OASI) program on capital formation and economic growth in the U.S. economy. The results of his econometric analysis suggest that operation of the OASI program has reduced capital formation by 10to 14 percent.
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Information
Subtopic
PolitikTable of contents
- Cover
- Title
- Dedication
- Copyright
- Contents
- Tables and Figures
- Acknowledgments
- 1 GENERAL INTRODUCTION
- PART 1 THE ECONOMIC THEORY OF DYNAMIC OLD-AGE PENSIONS
- PART 2 THE INFLUENCE OF THE ECONOMY ON A PAY-AS-YOU-GO SYSTEMS OF PENSIONS
- PART 3 THE IMPACT OF A PAY-AS-YOU-GO PENSION SYSTEM ON THE ECONOMY
- APPENDICES
- BIBLIOGRAPHY
- INDEX
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Yes, you can access Public Pensions, Capital Formation, And Economic Growth by Miltiadis Nektarios in PDF and/or ePUB format, as well as other popular books in Politik & Internationale Beziehungen & Politik. We have over 1.5 million books available in our catalogue for you to explore.