Bommier, Antoine; Leroux, Marie-Louise; Lozachmeur, … - In: Canadian Journal of Economics 44 (2011) 1, pp. 273-289
discuss aspects related to the objective function and argue that aversion to multiperiod inequality should be taken into … highlight the role of aversion to multiperiod inequality and show that it has substantial consequences on the design of Social … Security schemes. In particular, we show that for a low (resp. high) aversion to multiperiod inequality, a negative (resp …