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- W2012120742 abstract "Abstract Debate over superiority of pension funding over pay-as-you-go links notably to the question whether funding improves economic performance sufficiently to generate additional resources to meet the needs of an ageing population. To address this issue, we design a modified Cobb–Douglas production function with pension assets as a shift factor, and investigate the direct link between pension assets and economic growth employing a dataset covering up to 38 countries, using a variety of appropriate econometric methods. We find positive results for both OECD countries and Emerging Market Economies (EMEs), with consistent evidence for a larger effect for EMEs than OECD countries." @default.
- W2012120742 created "2016-06-24" @default.
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- W2012120742 date "2008-04-15" @default.
- W2012120742 modified "2023-10-10" @default.
- W2012120742 title "Does funding of pensions stimulate economic growth?" @default.
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- W2012120742 doi "https://doi.org/10.1017/s1474747208003545" @default.
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