The Role of Productivity on the Pension Plan Systems Performance
Posted: 28 Jul 2018 Last revised: 8 Oct 2018
Date Written: July 8, 2018
This paper formulates an analytical framework to analyze whether pension growth can be a determinant of economic growth. The Pension Scheme Performance Evaluation Model (PSPE-Model) intends to study the performance of pension schemes from a macroeconomic perspective. The PSPE-Model tests whether the marginal optimum national pension system coverage critical point based on the national productivity growth performance is simultaneously determined by the efficient coordination of private and public pension system programs coverage and the national productivity level. The model investigates the marginal optimum national pension system coverage critical point of two Asian countries, Japan and Malaysia.
Keywords: Malaysia, Japan, Pension, Economic Modeling, Policy Modeling
JEL Classification: Y20
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