Welfare gains from a capital market union with capital-funded pensions

We analyze and compare the long-run effects for a country introducing a capital-funded pension pillar in two scenarios: The case of separate capital markets, on the one hand, and the case of integrated capital markets (a capital market union), on the other hand. Our analysis is based on simulations...

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Veröffentlicht in:The future of pension plans in the EU internal market
1. Verfasser: Davoine, Thomas (VerfasserIn)
Weitere Verfasser: Forstner, Susanne (VerfasserIn)
Format: UnknownFormat
Sprache:eng
Veröffentlicht: 2019
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