Ageing, Financial Markets and Monetary Policy - Image 1

£107.73

Springer Ageing, Financial Markets and Monetary Policy

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Brand: Springer
Price: 107.32 GBP
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Anthropology & Sociology

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net income. It draws on the experience gained when the social security system in Italy was reformed in the early 1990s, which led to drastic reductions in the number of claims against the statutory pension scheme. The various sectors of the population (elderly people, young people, public employees as opposed to private sector employees, etc.) were affected to differing degrees. From Brugiavini's estimates, it becomes clear that a reduction in claims against the statutory pension system has led to a markedly increased willingness to save, particularly in the sectors of the population which were most affected. Reinhold Schnabel starts by discussing possible consequences of a pension cut from a German perspective. He discusses possible effects on saving and labour supply. In the second part of his comments he questions whether all of Brugiavini's interpretations of the "Italian experiment" are convincing. He doubts in particular, whether the reform was unexpected.

Product Specifications

Brand: Springer
Format: paperback
ASIN: 3642076610
Category: Books > Subjects > Biography > Medical, Legal & Social Sciences > Anthropology & Sociology
Domain: Amazon UK
Release Date: 05 December 2010
Listed Since: 20 September 2010

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Springer Ageing, Financial Markets and Monetary Policy

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