Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/17928 
Kompletter Metadatensatz
DublinCore-FeldWertSprache
dc.contributor.authorTurnovsky, Stephen J.en
dc.contributor.authorBruce, Neilen
dc.date.accessioned2009-01-28T15:05:00Z-
dc.date.available2009-01-28T15:05:00Z-
dc.date.issued2007-
dc.identifier.urihttp://hdl.handle.net/10419/17928-
dc.description.abstractWe construct a Blanchard-style overlapping generations model consisting of long-lived individuals who have uninsurable idiosyncratic risk resulting from uncertain retirement periods and medical costs in retirement. Without social insurance, such individuals must save for these eventualities. We examine the impact of pay-as-you-go social insurance policies (public pensions and medicare coverage) on individual and aggregate consumption, saving, and wealth levels as well as wealth distribution. We also derive expressions for optimal (Pareto improving) social insurance policies.en
dc.language.isoengen
dc.publisher|aKiel Institute for the World Economy (IfW) |cKielen
dc.relation.ispartofseries|aEconomics Discussion Papers |x2007-5en
dc.subject.jelD91en
dc.subject.jelJ20en
dc.subject.jelE10en
dc.subject.ddc330en
dc.titleVariable Retirement and the Effects of Social Insurance on Savings, Wealth, and Welfare-
dc.typeWorking Paperen
dc.identifier.ppn557920515en
dc.rights.licensehttp://creativecommons.org/licenses/by-nc/2.0/de/deed.enen
dc.identifier.repecRePEc:zbw:ifwedp:5519en

Datei(en):
Datei
Größe
326.09 kB





Publikationen in EconStor sind urheberrechtlich geschützt.