£127.67

Routledge - Public Pensions, Capital Formation, and Economic Growth

Name: Routledge - Public Pensions, Capital Formation, and Economic Growth
Brand: Routledge
Price: 127.67 GBP
Availability: InStock

Governmental

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Description

Explore the complex relationship between public pension programs and economic development in this academic work by Dr. Nektarios. Published by Routledge, this book provides a deep analysis of the principles and criteria that define public pension systems. Dr. Nektarios begins by establishing the economic rationale behind these programs, offering a foundational understanding for students and professionals in business, finance, and law. The text examines how various economic and demographic variables influence the total cost of pension programs. It further assesses how these systems impact aggregate levels of income and capital stock. A significant contribution of this work is the critique of Feldstein's social security wealth (SSW) variable. Dr. Nektarios argues that the existing SSW variable overestimates the wealth generated by public pensions and introduces a new SSW variable to provide a more accurate assessment. This book is an essential resource for those studying governmental accounting and macroeconomics. It offers a rigorous look at how pension structures affect capital formation and long-term economic growth, making it a valuable addition to any academic or professional library focused on financial policy and economic theory.

Key Features

Examines the economic rationale behind public pension programs to provide a clear understanding of their fundamental principles.

Analyzes how specific economic and demographic variables impact the overall cost and sustainability of pension systems.

Evaluates the effects of public pension systems on aggregate income levels and the total capital stock of an economy.

Introduces a new social security wealth (SSW) variable to address overestimations found in previous economic models.

Provides a detailed assessment of the relationship between pension structures and general economic growth patterns.

Product Specifications

Brand: Routledge
Format: hardcover
ASIN: 0367284758
Category: Books > Subjects > Business, Finance & Law > Accounting > Governmental
Domain: Amazon UK
Release Date: 13 September 2019
Listed Since: 12 September 2019

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Routledge - Public Pensions, Capital Formation, and Economic Growth

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