The thesis examines Canada's public pension system and its economic impact. It discusses the evolution of Canada's public pension plans and by reviewing reports commissioned by the Quebec, Ontario, and federal governments as well as other studies, it indicates the possible direction that the system may take in the future. A two-period model of consumption planning is employed to illustrate the effects of social security programs on saving. A neoclassical growth model is then considered to see what criteria are used to determine the optimal rate of saving. By referring to the Cambridge economists' views on this subject, possible weaknesses in the neoclassical theory are exposed and the implications for economic growth are established. The empirical part of the thesis attempts to resolve two important questions, namely, the extent to which public pension plans have affected personal saving in Canada and the role of public pension benefits in the retirement decision.
| Identifer | oai:union.ndltd.org:LACETR/oai:collectionscanada.gc.ca:QMM.71816 |
| Date | January 1982 |
| Creators | Somers, Bertram A. (Bertram Alexander) |
| Publisher | McGill University |
| Source Sets | Library and Archives Canada ETDs Repository / Centre d'archives des thèses électroniques de Bibliothèque et Archives Canada |
| Language | English |
| Detected Language | English |
| Type | Electronic Thesis or Dissertation |
| Format | application/pdf |
| Coverage | Doctor of Philosophy (Department of Economics.) |
| Rights | All items in eScholarship@McGill are protected by copyright with all rights reserved unless otherwise indicated. |
| Relation | alephsysno: 000158206, proquestno: AAINK64420, Theses scanned by UMI/ProQuest. |
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