{"product_id":"9783540779711","title":"Lecture Notes in Economics and Mathematical Systems","description":"\u003ch1\u003eLecture Notes in Economics and Mathematical Systems\u003c\/h1\u003e \u003ch2\u003eHillebrand, Marten\u003c\/h2\u003e \u003cp\u003e\u003c\/p\u003e\u003cp\u003eDue to the accelerating demographic change of the population the reform of the existing pension systems constitutes one of the greatest political challenges in most European countries. \u003c\/p\u003e\n\u003cp\u003eA theoretical discussion of different pension reforms must incorporate not only the demographic aspect but also the role of financial market risk and the impact on production and employment. \u003c\/p\u003e\n\u003cp\u003eThese notes develop a dynamic macroeconomic model which incorporates these aspects within a flexible theoretical framework. The proposed approach provides a large scale population model and features a sound description of the production side as well as of the financial side of the economy and their interactions with the pension system. \u003c\/p\u003e\n\u003cp\u003eWithin this framework various adjustment policies of the pension system are studied under different population scenarios. The consequences for the economy and the welfare of consumers are analyzed and compared.\u003c\/p\u003e \u003ch3\u003eDetails\u003c\/h3\u003e \u003cp\u003ePublished by: Springer\u003c\/p\u003e \u003cp\u003ePublication Date: 2008-02-22\u003c\/p\u003e \u003cp\u003eFormat: Paperback\u003c\/p\u003e \u003cp\u003eISBN-13: 9783540779711\u003c\/p\u003e \u003cp\u003eDOI: 10.1007\/978-3-540-77972-8\u003c\/p\u003e \u003cp\u003eDimensions: 235cm x155cm\u003c\/p\u003e \u003cp\u003ePages: 178\u003c\/p\u003e ","brand":"Springer Berlin Heidelberg","offers":[{"title":"Default Title","offer_id":45378852913292,"sku":"9783540779711","price":49.49,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0710\/9545\/1788\/files\/9783540779711.jpg?v=1774028045","url":"https:\/\/lateknightbooks.com\/products\/9783540779711","provider":"Late Knight Books and Services, LLC","version":"1.0","type":"link"}