Pensions Reform in Europe: an Investigation with a computable world model

Michel Aglietta, Jean Chateau, Jacky Fayolle, Michel Juillard, Jacques Le Cacheux, Gilles Le Garrec () and Vincent Touzé
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Michel Aglietta: CEPII - Centre d'Etudes Prospectives et d'Informations Internationales - Centre d'analyse stratégique
Jacky Fayolle: Centre Etudes & Prospective - Groupe ALPHA
Gilles Le Garrec: OFCE - Observatoire français des conjonctures économiques (Sciences Po) - Sciences Po - Sciences Po

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Abstract: This paper presents and briefly discusses the INGENUE model, an international computable overlapping-generations model of the world economy. After a short description of the major features of the baseline scenario of the model for the world economy over the next century, we systematically explore the domestic and international macroeconomic consequences of three scenarios of pension reforms in Europe, as well as their intergenerational distributional effects. We then compare the outcomes in the INGENUE model with those obtained in similar models where Europe is treated either in autarky or as a small, open economy.

Date: 2007-05
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Citations: View citations in EconPapers (3)

Published in Economic Modelling, 2007, 24 (3), pp.481 - 505

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Working Paper: Pensions Reform in Europe: an Investigation with a computable world model (2007)
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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-03384674

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