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Chapter 18. Latvia’s Multipillar Pension System: New Challenges in the Wake of the Economic Crisis » Abstract Pension reform is high on the agenda of many advanced and emerging market economies, for many reasons. First, public pensions often constitute a large share of government expenditure. Second, population aging means that reforms would be needed just to keep pension spending from rising in the future. Third, in many economies, low or falling pension coverage will leave large segments of the population without adequate income in old age and at risk of falling into poverty. Although a number of studies have assessed the effects of pension reforms on fiscal sustainability, a systematic analysis of equity issues in pension systems—and how countries have grappled with these issues—has yet to be undertaken. This book brings together the latest research on equity issues related to pension systems and pension reforms in the post-crisis world. Some of the key issues covered include: the effect of pension systems on intergenerational equity and the impact of pension reforms on poverty, the effects of pension Elibrary.imf.org

Cost-sharing in Medicaid: Assumptions, Evidence, and Future Directions » Several states have received waivers to expand Medicaid to poor adults under the Affordable Care Act using more cost-sharing than the program traditionally allows. We synthesize literature of the effects of cost-sharing, focusing on studies of low-income… Ncbi.nlm.nih.gov

Lockheed Martin Reports Fourth Quarter and Full Year 2023 Financial Results » Net sales of $18.9 billion in the fourth quarter and $67.6 billion in 2023 Net earnings of $1.9 billion, or $7.58 per share in the fourth quarter; $6.9 billion, or $27.55 per share in 2023 Cash… News.lockheedmartin.com

Aggregate demand in Keynesian analysis (article) | Khan Academy » Learn for free about math, art, computer programming, economics, physics, chemistry, biology, medicine, finance, history, and more. Khan Academy is a nonprofit with the mission of providing a free, world-class education for anyone, anywhere. Khanacademy.org

What Is the Life-Cycle Hypothesis in Economics? » The life-cycle hypothesis (LCH) is an economic theory that pertains to the spending and saving habits of people over the course of a lifetime. Investopedia.com

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