Pension Funding in a Unionized Economy
| dc.contributor.author | Adam, A. | en |
| dc.contributor.author | Moutos, T. | en |
| dc.date.accessioned | 2015-11-24T17:05:44Z | |
| dc.date.available | 2015-11-24T17:05:44Z | |
| dc.identifier.issn | 0036-9292 | - |
| dc.identifier.uri | https://olympias.lib.uoi.gr/jspui/handle/123456789/11371 | |
| dc.rights | Default Licence | - |
| dc.subject | as-you-go | en |
| dc.subject | social-security | en |
| dc.subject | public pensions | en |
| dc.subject | efficiency | en |
| dc.subject | growth | en |
| dc.subject | models | en |
| dc.subject | system | en |
| dc.subject | wages | en |
| dc.title | Pension Funding in a Unionized Economy | en |
| heal.abstract | This paper analyzes the effects of pension funding for a small open economy in which wages are subject to bargaining. Using an overlapping-generations framework, we show that a reform away from a Pay-As-You-Go towards a funded pension system will be Pareto improving only if the reform results in a reduction in the steady-state unemployment rate. However, the reduction in the unemployment rate is by no means warranted: although for pension systems which involve a limited amount of intra-generational redistribution this is likely, for systems displaying a high degree of intra-generational redistribution the unemployment rate may well rise thus preventing the realization of welfare gains. | en |
| heal.access | campus | - |
| heal.fullTextAvailability | TRUE | - |
| heal.identifier.primary | DOI 10.1111/j.1467-9485.2009.00481.x | - |
| heal.identifier.secondary | <Go to ISI>://000264788300004 | - |
| heal.identifier.secondary | http://onlinelibrary.wiley.com/store/10.1111/j.1467-9485.2009.00481.x/asset/j.1467-9485.2009.00481.x.pdf?v=1&t=h0c7pimt&s=ad93ad026419d8cee89c182decc87e4c76be3a04 | - |
| heal.journalName | Scottish Journal of Political Economy | en |
| heal.journalType | peer reviewed | - |
| heal.language | en | - |
| heal.publicationDate | 2009 | - |
| heal.recordProvider | Πανεπιστήμιο Ιωαννίνων. Σχολή Οικονομικών και Κοινωνικών Επιστημών. Τμήμα Οικονομικών Επιστημών | el |
| heal.type | journalArticle | - |
| heal.type.el | Άρθρο Περιοδικού | el |
| heal.type.en | Journal article | en |
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