Public pensions improve economic welfare. Because the system distributes current earnings of the young (which they would

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“Public pensions improve economic welfare. Because the system distributes current earnings of the young (which they would save anyway) to the old, the old are better off and the young are unaffected.” Discuss carefully.

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Public Finance In Canada

ISBN: 9781259030772

5th Canadian Edition

Authors: Harvey S. Rosen, Ted Gayer, Jean-Francois Wen, Tracy Snoddon

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