Pension reforms have minimal impact on economic growth, study finds
The article explores how different policy changes affect economic growth using a computer model. They focus on whether growth driven by factors within the economy itself is important when policies change. The researchers find that when it comes to education reform, growth from within the economy is crucial. However, for pension reforms and debt repayment, this type of growth doesn't make as big of a difference. The results are consistent across different ways of setting up the model.