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

Author

Listed:
  • Emery, H.
  • Rongve, I.

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

Suggested Citation

  • Emery, H. & Rongve, I., 1996. "Much Ado About Nothing? Demographic Bulges, the Productivity Puzzle and CCP Reform," Papers 70, Regina - Department of Economics.
  • Handle: RePEc:fth:regina:70
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    References listed on IDEAS

    as
    1. Finis Welch, 1979. "Effects of Cohort Size on Earnings: The Baby Boom Babies' Financial Bust," UCLA Economics Working Papers 146, UCLA Department of Economics.
    2. Summers, Lawrence H, 1993. "Keynote Speech: Population Problem Confronted by the World Economy: A Summary," Public Finance = Finances publiques, , vol. 48(Supplemen), pages 1-3.
    3. Laurence J. Kotlikoff, 1979. "Social Security and Equilibrium Capital Intensity," The Quarterly Journal of Economics, Oxford University Press, vol. 93(2), pages 233-253.
    4. David C. Stapleton & Douglas J. Young, 1984. "The Effects of Demographic Change on the Distribution of Wages, 1967-1990," Journal of Human Resources, University of Wisconsin Press, vol. 19(2), pages 175-201.
    5. Welch, Finis, 1979. "Effects of Cohort Size on Earnings: The Baby Boom Babies' Financial Bust," Journal of Political Economy, University of Chicago Press, vol. 87(5), pages 65-97, October.
    6. Berger, Mark C, 1985. "The Effect of Cohort Size on Earnings Growth: A Reexamination of the Evidence," Journal of Political Economy, University of Chicago Press, vol. 93(3), pages 561-573, June.
    7. Burbidge, John B., 1983. "Social security and savings plans in overlapping-generations models," Journal of Public Economics, Elsevier, vol. 21(1), pages 79-92, June.
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    Citations

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    Cited by:

    1. Daniel Beland & John Myles, 2003. "Stasis Amidst Change: Canadian Pension Reform in an Age of Retrenchment," Social and Economic Dimensions of an Aging Population Research Papers 111, McMaster University.
    2. repec:clh:techni:y:2010 is not listed on IDEAS
    3. William Scarth, 2003. "Population Aging, Productivity, and Growth in Living Standards," Quantitative Studies in Economics and Population Research Reports 380, McMaster University.
    4. William Scarth, 2003. "Population Aging, Productivity, and Growth in Living Standards," Social and Economic Dimensions of an Aging Population Research Papers 90, McMaster University.
    5. Susan A. McDaniel, 2003. "Toward Disentangling Policy Implications of Economic and Demographic Changes in Canada's Aging Population," Canadian Public Policy, University of Toronto Press, vol. 29(4), pages 491-509, December.
    6. repec:clh:briefi:v:3:y:2010:i:2 is not listed on IDEAS

    More about this item

    Keywords

    PENSION FUNDS; INCOME; TAXES;

    JEL classification:

    • H55 - Public Economics - - National Government Expenditures and Related Policies - - - Social Security and Public Pensions
    • J18 - Labor and Demographic Economics - - Demographic Economics - - - Public Policy
    • J10 - Labor and Demographic Economics - - Demographic Economics - - - General

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