文章基本信息
- 标题：Pension funds and capital accumulation
- 本地全文：下载
- 作者：Bertrand Wigniolle ; Philippe Michel ; Pascal Belan 等
- 期刊名称：Economics Bulletin
- 电子版ISSN：1545-2921
- 出版年度：2002
- 卷号：4
- 出版社：Economics Bulletin
- 摘要：This note presents a model in which pension funds, by holding a significant share of capital assets, can exert a non competitive behavior on labor market. This leads to lower wages and higher capital returns, and can reduce capital accumulation and long-run welfare.
- 关键词：capital accumulation
