Taiwan’s National Pension Program: A remedy for rapid population aging?
@article{Hsieh2016TaiwansNP, title={Taiwan’s National Pension Program: A remedy for rapid population aging?}, author={K. Hsieh and An-Chi Tung}, journal={The journal of the economics of ageing}, year={2016}, volume={8}, pages={52-66} }
The population of Taiwan is aging rapidly. One undesirable outcome is public financial deficits, which, in turn, brings about another undesirable result, i.e., intergenerational inequity. We study how these outcomes can be mitigated by focusing on the National Pension Program (hereafter referred to as the NPP), because it is a key government response to population aging, as well as a clear illustration of how fiscally unsustainable social programs can undermine the equity across generations… Expand
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