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Public Pensions and Economic Growth [Hardcover]

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Item Number 229971  
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Item description for Public Pensions and Economic Growth by Berthold U. Wigger...

This book studies the normative and positive ramifications of public pension policies in a growing economy. It analyzes the impact of an unfunded public pension scheme on aggregate productivity growth and efficiency, it considers the political forces behind public pension legislation, and it develops and discusses elements of public pension design and reform. The book emphasizes the endogenous growth paradigm for an understanding of the dynamic impact of intergenerational transfers inherent in an unfunded public pension scheme. It uncovers an allocative role of intergenerational transfers which is exclusively linked to the possibility of endogenously evolving economic growth. The endogenous growth approach also allows to identify unfunded public pensions as a source of a conflict between current and future generations. This conflict shapes private old-age security considerations as well as the process of public pension legislation.

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Item Specifications...

Pages   175
Est. Packaging Dimensions:   Length: 9.4" Width: 6.1" Height: 0.6"
Weight:   0.8 lbs.
Binding  Hardcover
Release Date   Jun 10, 2002
Publisher   Springer
ISBN  3540432965  
ISBN13  9783540432968  

Availability  54 units.
Availability accurate as of Oct 27, 2016 04:53.
Usually ships within one to two business days from La Vergne, TN.
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1Books > Special Features > New & Used Textbooks > Business & Finance > Economics > Macroeconomics
2Books > Subjects > Business & Investing > Economics > Debt & Deficits
3Books > Subjects > Business & Investing > Economics > General
4Books > Subjects > Business & Investing > Economics > Macroeconomics
5Books > Subjects > Business & Investing > Economics > Public Finance
6Books > Subjects > Business & Investing > General
7Books > Subjects > Business & Investing > Personal Finance > Retirement Planning
8Books > Subjects > Law > Taxation > Tax Law
9Books > Subjects > Nonfiction > Current Events > Poverty > Social Services & Welfare

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