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The extension of social security coverage in developing countries
(Towson University. Department of Economics, 2011-11-08)
We study the dynamic general equilibrium effects of introducing a social pension pro- gram to elderly informal sector workers in developing countries who lack formal risk sharing mechanisms against income and longevity ...
Fiscal austerity measures: spending cuts vs. tax increases
(Towson University. Department of Economics, 2013-08-19)
We formulate an overlapping generations model with skill heterogeneity and productive and non-productive government programs to study the macroeconomic and intergenera- tional welfare effects caused by risk premium shocks ...