Title of article :
Does unfunded social security also depress output growth?
Author/Authors :
Junxi، نويسنده , , Zhang ، نويسنده ,
Issue Information :
روزنامه با شماره پیاپی سال 1995
Abstract :
It is well known that unfunded social security reduced fertility and more likely, depresses savings. Does it also depress output growth? This paper addresses the question in a framework of both endogenous fertility and growth. it is found that social security may induce higher growth if the fertility effect dominates the savings effect
Keywords :
Unfunded social security: Endogenou~ growth: Fertility and savings effects
Journal title :
Economics Letters
Journal title :
Economics Letters