'No country for old men'? The multiplier effects of pensions in Portuguese municipalities

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'No country for old men'? The multiplier effects of pensions in Portuguese municipalities

机译：'老无所依'？葡萄牙城市养老金的乘数效应

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One of the major findings of this paper, which studied the multiplier effects of pensions received at each Portuguese municipality since 2003, is that pensions stimulate the incomes of municipalities. We studied these effects also considering the spillovers from/to the surrounding areas. After discussing several models of spatial analysis, we chose the Dynamic Spatial Durbin Model. Our results were obtained after considering a proper set of control variables.

机译：本文的主要发现之一是研究了自2003年以来葡萄牙各个市政当局所获得的养老金的乘数效应，即养老金刺激了市政当局的收入。我们还考虑了从/向周围区域的溢出影响，研究了这些影响。在讨论了几种空间分析模型之后，我们选择了动态空间杜宾模型。我们的结果是在考虑一组适当的控制变量后获得的。

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来源
《Journal of pension economics and finance》 |2020年第2期|247-261|共15页
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Univ Minho Econ & Management Sch Dept Econ P-4700 Braga Portugal|Univ Minho Econ & Management Sch NIPE P-4700 Braga Portugal;

UTAD Vila Real Portugal;

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原文格式 PDF
正文语种 eng
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关键词
Keynesian multiplier; pensions; Portuguese municipalities; spatial analysis;

机译：凯恩斯乘数;退休金;葡萄牙直辖市;空间分析;

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'No country for old men'? The multiplier effects of pensions in Portuguese municipalities

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