This paper utilizes a life-cycle overlapping-generations model to quantify the welfare effects of plans to postpone the depletion of the National Pension Fund. In order for the model to incorporate the rapidly changing demographic structure of Korea fully. we build and calibrate a model in transition directly. The model is considered suitable for analyzing the effects of demographic c... https://parisnaturalfoodes.shop/product-category/org-spruce-black-essential-oil/