Resource title

Public pensions and capital accumulation : the case of Brazil

Resource image

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Resource description

We use an OLG model to study the effects of the generous public sector pension system in Brazil. In our model there are two types of workers, one working in the private sector, the other working in the public sector. Public workers produce infrastructure or education services. We find that reducing generosity of the public sector pensions has large effects on capital accumulation and steady state income.

Resource author

Gerhard Glomm, J├╝rgen Jung, Changmin Lee, Chung Tran

Resource publisher

Resource publish date

Resource language

eng

Resource content type

text/html

Resource resource URL

http://hdl.handle.net/10419/19003

Resource license

Adapt according to the presented license agreement and reference the original author.