Gelauff and graafland 

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gamma simulation model ageing pensions and public finances pdf
... on labour supply and private saving, firms decide on demand for labour and capital, and pension funds decide on pension contributions and benefit levels. agents are rational and forward looking, and optimise in ... equilibrium growth. introduction of a keeping up with the jones effect (see for instance gelauff and graafland (1994)) meets this problem but has as a drawback that welfare analyses become ...
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tax policy and labor market sensitivity analysis age model pdf
... matrices 38 abstract introduction cpb's applied general-equilibrium model mimic (gelauff and graafland, 1994) focuses on how the tax and social-security system (tsss) impacts the labor market. in recent years, ... by snower (see jongen and graafland, 1998). in mimic itself, this measure reduces the unskilled wage rate by 1.6%, increases unskilled employment by 6.2%, and lowers the unskilled ...
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