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Still a Better Deal : Private Investment vs. Social Security

Tanner, Michael - 2013

Opponents of allowing younger workers to privately invest a portion of their Social Security taxes through personal accounts have long pointed to the supposed riskiness of private investment. The volatility of private capital markets over the past several years, and especially recent declines in...

Persistent link: https://www.econbiz.de/10013085958

The life and work of Martin Stuart ("Marty") Feldstein

Horioka, Charles - 2014

Martin Stuart ("Marty") Feldstein, currently George F. Baker Professor of Economics at Harvard University and President Emeritus of the National Bureau of Economic Research, Inc. (NBER), is a renowned American economist who has made important contributions to public finance, macroeconomics,...

Persistent link: https://www.econbiz.de/10010381488

Dynamic Interaction Between Savings, Investment and Economic Growth in Nigeria : A Vector Autoregressive (Var) Approach

Omoregie, Osaretin Kayode - 2020

The study investigated the dynamic interaction between savings, investment and economic growth in Nigeria within the …, should ensure that the savings with deposit money banks are properly channelled to long-term investment. The study further … attention to the dynamic interaction between GDS, and GDI by ensuring that the savings generated are properly channelled to …

Persistent link: https://www.econbiz.de/10012845749

Demographics, Pension Systems and the Saving-Investment Balance

Chai, Hua - 2019

This paper studies the effect of demographic change on national saving, global interest rates, and international capital flows, focusing on the role of the public pension system. We develop a small open economy overlapping generations model to illustrate the channels through which demographic...

Persistent link: https://www.econbiz.de/10012895118

Dynamic efficiency and Pareto Optimality in a stochastic OLG model with production and social security

Barbie, Martin; Hagedorn, Marcus; Kaul, Ashok - 2000 - Revised, June 2000

We analyze the interaction between risk sharing and capital accumulation in a stochastic OLG model with production. We give a complete characterization of interim Pareto optimality. Our characterization also subsumes equilibria with a PAYG social security system. In a competitive equilibrium...

Persistent link: https://www.econbiz.de/10011539178