Policy Uncertainty and Precautionary Savings
收藏NBER2008-04-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w13911
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In 1997 Chancellor Kohl proposed a major pension reform and pushed the law through Parliament explaining that the German PAYG system had become unsustainable. One limitation of the new law -- one that is crucial for our identification strategy -- is that it left the generous pension entitlements of
提供机构：
美国国家经济研究局
创建时间：
2008-04-01
