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Information Journal Paper

Title

The Macroeconomic Effects of Structural Reforms in Iran's Retirement System

Pages

  25-46

Abstract

 The purpose of this paper is to investigate the distributive and welfare effects of the transition from the Current Payment system to a Partially Funding system in Iran. For this purpose a six period OLG Models have been designed and simulated. The simulation results of the specified model show that, the consumption of all generations has increased and the saving of individuals and, consequently, capital accumulation in the economy is decline due to these reforms; the result of these changes is the decline in total production of economy. Based on these results and the widespread recession in the country's economy, it is suggested that policymakers do not resort to structural reforms and transition to funded system.

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    APA: Copy

    JAFARI, HODA, NAJAFIZADEH, ABBAS, Safarzade, Esmaieel, & HAJI, GHOLAMALI. (2019). The Macroeconomic Effects of Structural Reforms in Iran's Retirement System. ECONOMIC MODELLING, 12(4 (44) ), 25-46. SID. https://sid.ir/paper/176233/en

    Vancouver: Copy

    JAFARI HODA, NAJAFIZADEH ABBAS, Safarzade Esmaieel, HAJI GHOLAMALI. The Macroeconomic Effects of Structural Reforms in Iran's Retirement System. ECONOMIC MODELLING[Internet]. 2019;12(4 (44) ):25-46. Available from: https://sid.ir/paper/176233/en

    IEEE: Copy

    HODA JAFARI, ABBAS NAJAFIZADEH, Esmaieel Safarzade, and GHOLAMALI HAJI, “The Macroeconomic Effects of Structural Reforms in Iran's Retirement System,” ECONOMIC MODELLING, vol. 12, no. 4 (44) , pp. 25–46, 2019, [Online]. Available: https://sid.ir/paper/176233/en

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