Construction and Impact of a Buffer Fund within the French PAYG Pension Scheme in a Demo-Economic Model
CESifo, Munich, 2001
CESifo Working Paper No. 531
This paper provides some results from a model built in order to study the linked impacts of demography and economy on the French pension scheme. The demo-economic model which is used is a neo-cambridgian model with two types of agents in a closed economy. Since it includes a very thin description of the French pension scheme, one of its main advantage is its lightness while its main originality is to permit a macroeconomic linkage whether with a endogenous growth function or with a exogenous one.