Hoon, Hian Teck - In: The Singapore economic review : journal of the Economic … 41 (1996) 2, pp. 41-52
The authors extend a two-period overlapping generation model of Hoon (1991) to incorporate uncertain lifetime models put forth by M. Yaari (1965) and A. Abel (1985). Within this framework, Hoon and Ng show that because CPF (Central Provident Fund) members of Singapore, through a system of...
