Jensen, Svend E. Hougaard; Lau, Morten I.; Poutvaara, Panu - In: FinanzArchiv: Public Finance Analysis 60 (2004) 3, pp. 325-325
This paper studies human-capital formation, labor-supply, and retirement decisions associated with four alternative regimes of social security. We implement a theoretical model with overlapping generations of households and two different ability types within each generation. We find that with a...