From Transfers to Individual Responsibility: Implications for Savings and Capital Accumulation in Taiwan and the United States

Ronald Lee, Andrew Mason & Timothy Miller 2000

Arbetsrapport 2000 nr. 3

A demographically realistic model incorporating life cycle saving motives is used to simulate effects of changing a transfer-based old-age support to a funded system, applied on the cases of Taiwan and the US. Population ageing contributes to growth in output per worker in funded systems, while causing smaller increase in capital in transfer systems; early changes to a funded system harnesses the power of an ageing population to drive capital accumulation.

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Arbetsrapport 2000 nr. 3

A demographically realistic model incorporating life cycle saving motives is used to simulate effects of changing a transfer-based old-age support to a funded system, applied on the cases of Taiwan and the US. Population ageing contributes to growth in output per worker in funded systems, while causing smaller increase in capital in transfer systems; early changes to a funded system harnesses the power of an ageing population to drive capital accumulation.

Rapporten kan laddas ner gratis i PDF-format: Ladda ner Arbetsrapport 2000 nr.3

Det går även att beställa rapporten i tryckt format, pris: 46 kr (porto inkluderat)

Om du önskar beställa rapporten mot faktura, kontakta info@iffs.se