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Long-Run Biological Interest Rate for Pay-As-You-Go Pensions in Advanced and Developing Countries /

How much of an internal rate of return would a sustainable pay-as-you-go pension system offer current and future generations equally? The answer is the sum of the Long-Run Biological Interest Rates (LBIR), the real-world equivalent of Samuelson's (1958) biological interest rate, and future prod...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Nozaki, Masahiro (Autor)
Formato: Electrónico eBook
Idioma:Inglés
Publicado: [Washington, D.C.] : International Monetary Fund, [2017]
Colección:IMF working paper ; WP/17/98.
Temas:
Acceso en línea:Texto completo

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