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Temptation and Social Security in a Dynastic Framework

Kumru, Cagri S.; Tran, Chung - 2009

We investigate welfare and aggregate implications of a pay-as-you-go (PAYG) social security system in a dynastic framework in which individuals have self-control problems. The presence of self-control problems induces individuals to save less because of their urge for temptation towards current...

Persistent link: https://www.econbiz.de/10014046420

The political economy of social security

Casamatta, Georges; Cremer, Helmuth; Pestieau, Pierre - 2000

We consider a two-period overlapping generations model in which individual voters differ by age and by productivity, In such a setting, a redistributive Pay-As-You-Go system is politically sustainable, even when the interest rate is larger than the rate of population growth. The workers with...

Persistent link: https://www.econbiz.de/10013361046

Fostering within-family human capital investment : an intragenerational insurance perspective of social security

Barbie, Martin - 2002

Persistent link: https://www.econbiz.de/10013268944

Investing for the old age pensions, children and savings

Galasso, Vincenzo; Gatti, Roberta; Profeta, Paola - 2008

Persistent link: https://www.econbiz.de/10003717255

Régime de retraite et chute de la natalité : évolution des mœurs ou arbitrage micro-économique?

Loupias, Claire; Wigniolle, Bertrand - In: Annales d'économie et de statistique (2004), pp. 63-99

Persistent link: https://www.econbiz.de/10002506295

Pensions and fertility : in search of a link

Gahvari, Firouz - In: International tax and public finance 16 (2009) 4, pp. 418-442

Persistent link: https://www.econbiz.de/10003897329

Investing for the old age : pensions, children and savings

Galasso, Vincenzo; Gatti, Roberta; Profeta, Paola - In: International tax and public finance 16 (2009) 4, pp. 538-559

Persistent link: https://www.econbiz.de/10003897337

Fertility, human capital accumulation, and the pension system

Cremer, Helmuth; Gahvari, Firouz; Pestieau, Pierre - 2009

alone entails a higher fertility rate and a lower ratio of high- to low-ability children, as compared to using education …This paper provides a unified treatment of externalities associated with fertility and human capital accumulation as … earners and low earners with the proportion of types being determined endogenously. The number of children is …

Persistent link: https://www.econbiz.de/10003872226

Aging, fertility, social security and political equilibrium

Hirazawa, Makoto; Kitaura, Koji; Yakita, Akira - In: Journal of population economics 23 (2010) 2, pp. 559-569

Persistent link: https://www.econbiz.de/10003935724

Fertility, human capital accumulation, and the pension system

Cremer, Helmuth; Gahvari, Firouz; Pestieau, Pierre - 2010

Persistent link: https://www.econbiz.de/10008907495