search query: @indexterm overlapping-generations models / total: 22
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Author: | Benkovskis, K. |
Title: | The effect of Latvian pension reform on savings and government budget |
Journal: | Baltic journal of economics
2006 : SPR-SUM, VOL. 6:1, p. 3-21 |
Index terms: | pensions overlapping-generations models savings Latvia Baltic countries |
Language: | eng |
Abstract: | This paper focuses on the consequences of the pension reform on Latvian total savings and their components. Findings show that the increase of the retirement age improves budget balance while the introduction of the fully funded pensions redistributes the tax payments from the social budget to fully funded savings. |
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