Sonia Sabzalizad Honarvar

Alzahra University

[ 1 ] - Macroeconomic and Welfare Effects of Parametric Pension Reform in Iran

The aim of this paper is to analyze the macroeconomic effects of parametric reforms. An adjusted Auerbach-Kotlikoff model is used to study the effects of decreasing replacement and contribution rates of the pension system. The first part concentrates on the macroeconomic effect of reforms. Our results indicate that reducing the replacement and contribution rates increase the capital stock and d...

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