Josheski, Dushko and Lazarov, Darko (2013) Social security wealth system effect on final consumption:Overlapping generations models analysis for a panel of countries. Lambert Academic Publishing. ISBN 978-3-659-50583-6
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Abstract
This book investigates the impact of the social security system on final consumption,with the overlapping generations model for Macedonia and panel of countries.As hypothesis we set that social security reduces savings.Our results show that in all our models the average growth of social contributions increases final consumption, thereby reducing savings.In the models presented in this book consumption is a function of available income,the change in disposable income,then the social contributions per income and social wealth which is a proxy variable for gross capital formation,i.e. total human wealth.
| Item Type: | Book |
|---|---|
| Subjects: | Social Sciences > Economics and business |
| Divisions: | Faculty of Tourism and Business Logistics |
| Depositing User: | Dusko Josevski |
| Date Deposited: | 06 Dec 2013 09:21 |
| Last Modified: | 21 Aug 2014 09:06 |
| URI: | https://eprints.ugd.edu.mk/id/eprint/8343 |
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