Abstract

espanolEn este trabajo se propone un modelo de generacion de superposicion en la linea de los trabajos de Fanti y Gori ( 2008 ) . Su objetivo es estudiar el efecto de los shocks demograficos sobre la pension nivel , respectivamente, en el reparto y sistema de capitalizacion en el contexto del aumento de la esperanza de vida al largo plazo. EnglishThis paper proposes an overlapping generation model along the lines of the papers by Fanti and Gori (2008). Its objective is to study the effect of demographic shocks on the level pension respectively in the PAYG and funded system within the context of increased life expectancy at long-run.

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