Question: 1 . Would privatization increase or decrease generational equity? How does Kotlikoff use the concept of Pareto efficiency to answer this question? Privatization could increase
Would privatization increase or decrease generational equity? How does Kotlikoff use the concept of Pareto efficiency to answer this question?
Privatization could increase generational equity, as long as it has Pareto efficiency, where no generation has negatives to the privatization.
Would privatization increase or decrease efficiency?
Privatization would increase efficiency due to more competition in the market, by being more productive and technologically advanced.
What is the AK model? How is it used in this paper?
The AK model shows how polcies impact long term growth.
What do you think? Are you convinced?
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