• Home
  • پرداخت جاری
    • List of Articles پرداخت جاری

      • Open Access Article

        1 - Modeling DB-PAYG, Full Funded and Defined Contributions Pension Systems in Iran's Economy
        Hamid Rezazadeh mostafa sargolzaei Moslem Peymany Foroushany Hossein Tavakolian Meysam Amiri
        The present study simulates and compares three types of pension systems, DB-PAYG, Full Funded and Defined Contributions, and their impact on Iran’s macroeconomic variables. For this purpose, the General Equilibrium model of Overlapping Generations is designed base More
        The present study simulates and compares three types of pension systems, DB-PAYG, Full Funded and Defined Contributions, and their impact on Iran’s macroeconomic variables. For this purpose, the General Equilibrium model of Overlapping Generations is designed based on the variables of the Iran economy.  The results showed that the Full Funded pension system performs better than other systems in terms of capital stock, output and welfare. Also, among these three systems, the DB-PAYG system has the lowest amount of capital stock, output and welfare. Therefore, changing the current pension system of the country to a Full Funded pension system has been proposed as a reformed fiscal policy. Manuscript profile
      • Open Access Article

        2 - The Macroeconomic Effects of Structural Reforms in Iran's Retirement System
        hoda jafari Abbas Najafizadeh Esmaieel Safarzade Gholam Ali Haji
        Abstract The purpose of this paper is to investigate the distributive and welfare effects of the transition from the current payment system to a partially funding system in Iran. For this purpose a six period OLG Models have been designed and simulated. The simulation More
        Abstract The purpose of this paper is to investigate the distributive and welfare effects of the transition from the current payment system to a partially funding system in Iran. For this purpose a six period OLG Models have been designed and simulated. The simulation results of the specified model show that, the consumption of all generations has increased and the saving of individuals and, consequently, capital accumulation in the economy is decline due to these reforms; the result of these changes is the decline in total production of economy. Based on these results and the widespread recession in the country's economy, it is suggested that policymakers do not resort to structural reforms and transition to funded system. Manuscript profile