Economics, Econometrics and Finance
8 years ago

Pension reforms in Europe reshape economy and benefit future generations.

Economic Modelling
Pension reforms in Europe: An investigation with a computable OLG world model
Michel Aglietta, Jean Château, Jacky Fayolle, Michel Juillard, Jacques Le Cacheux, Gilles Le Garrec, Vincent Touzé

Paper Summary

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The article explores the impact of pension reforms in Europe using a world economic model called INGENUE. It looks at different scenarios of pension changes and how they affect the economy and different generations. The researchers compare their results with other models to see how Europe's economy would fare in different situations.