Civil-service pension scheme reform, savings and capital accumulation A general equilibrium analysis based on OLG framework
This paper uses an OLG framework to discuss the effect of civil-service pension reforms on savings and capital accumulation.In the models,there are two types of reforms taken into account: one is to keep the present Pay-As-You-Go systemand decrease the generosity (by decreasing replacement rate or increase contribution),the other is a systemic reformwhich is going to cover the publicsector employees with the same systemas the private-sector employees.The author measures the effects of different reformpolicies on savings and other economic factors by changing related policy parameters and draw some conclusions.
Pension reform civil-service pension savings capital accumulation OLG
QIAO Yang
School of Economics,Beijing Technology and Business University,Beijing,China,100048
国内会议
北京
英文
267-276
2011-07-24（万方平台首次上网日期，不代表论文的发表时间）