Much Ado About Nothing? Demographic Bulges, the Productivity Puzzle and CCP Reform

John C Herbert Emery () and . Rongve

Working Papers from Regina - Department of Economics

Abstract: The future of Canada Pension plan, which is financed on pay-as-you-go principles (where current revenues are spent to meet current costs) , is far from certain. The purpose of this paper is to demonstrate in an overlapping generations framework how demographic factors not only affect taxes required to finance the prescribed benefits, but also affect wages

Keywords: PENSION FUNDS; INCOME; TAXES (search for similar items in EconPapers)
Date: 1996

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Journal Article: MUCH ADO ABOUT NOTHING? DEMOGRAPHIC BULGES, THE PRODUCTIVITY PUZZLE, AND CPP REFORM (1999)
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Persistent link: http://EconPapers.repec.org/RePEc:fth:regina:70

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