Barnett, Richard C.; Bhattacharya, Joydeep; Puhakka, Mikko - Department of Economics, Iowa State University - 2012
possible future gift from her children – with a pay-as-you-go, social security system in a lifecycle model with endogenous … of these competing institutions. We show that an optimally-chosen family compact and a social security system cannot co … such a setting might appear ideal for the introduction of a social security system – as the experience of Europe, circa …