A life cycle analysis of social security

A life cycle analysis of social security

Source :

• Economic Theory [ 0938-2259 ] ; 1995-02-01.

English descriptors

• Teeft :
  • Accidental bequests, Additional benefit, Adverse selection, Agent types, Aggregate capital stock, Aggregate consumption, Aggregate fluctuations, Aggregate labor input, Alternative redistribution schemes, Alternative schemes, Alternative values, Annuity, Annuity markets, Asset, Asset holdings, Auerbach, Average consumption, Average utility, Benchmark, Benchmark economy, Benchmark model economy, Beneficial role, Benefit level, Bequest, Bequest motive, Bequest motives, Budget constraint, Business cycles, Business sector, Capital income, Capital stock, Catastrophic illness, Certain lifetimes, Cohort, Computational burden, Computational details, Constant returns, Constraint, Consumption profile, Consumption supplement, Current model, Decision rule, Decision rules, Descriptive statistics, Discount factor, Disposable income, Dynamic efficiency, Dynamic inefficiency, Dynamic program, Econ, Economic theory, Economic welfare, Efficiency index, Elderly face, Empirical profile, Empirical support, Employment opportunities state, Employment status, Exogenous, Face liquidity constraints, Financial loss, Financial resources, Financial risk, Future consumption, Future income fluctuations, Future research, General equilibrium model, Golden rule capital stock, Golden rule level, Gross income, Growth rate, Harvard university press, Health care, Health care costs, Idiosyncratic employment risk, Illness cost, Incomplete markets, Indirect business taxes, Individual income risk, Indivisible labor, Inefficiency, Initial wealth distribution, Interest rate, Intertemporal, Intertemporal allocation, Intertemporal elasticity, Kotlikoff, Labor inelastically, Labor supply, Large number, Last period, Life cycle, Life cycle model, Lifetime, Lifetime risks, Lifetime uncertainty, Lifetime utility, Liquidity, Liquidity constraints, Lower capital stock, Mandatory annuity contracts, Mandatory retirement, Market interest rate, Matrix, Medicare, Model economies, Model economy, Model period, Model specification, Mortality risk, Next step, Nursing home, Nursing home expenditures, Nursing homes, Objective function, Optimal level, Optimal replacement rate, Optimization problem, Other words, Percent replacement rate, Perfect annuity markets, Physical capital, Planner, Policy arrangement, Polit, Population growth, Population growth rate, Prescott, Previous analyses, Private annuities, Private annuity contracts, Private asset holdings, Private care insurance, Private credit markets, Private savings, Production function, Production technology, Productivity growth, Profit maximization problem, Reasonable ratios, Redistribution, Reference economy, Relative prices, Relative risk aversion, Relative wage, Replacement rate, Replacement rates, Representative agent, Reproducible capital, Risk aversion, Scale technology, Security arrangement, Security arrangements, Security replacement rate, Security replacement rates, Security system, Sensitivity analysis, Sharp decrease, Social planner, Social security, Social security arrangement, Social security benefit level, Social security benefits, Social security replacement rate, Social security replacement rates, Social security system, State space, Stationary equilibrium, Steady state, Steady states, Subjective discount factor, Subjective time discount factor, Substitution, Time preference, Uncertain lifetime, Uncertain lifetimes, Unconditional probability, Unemployment insurance, Unemployment insurance benefits, Unemployment insurance replacement ratio, Unintended bequests, Utility function, Value function, Value functions, Wealthincome ratio, Welfare benefit, Welfare benefits, Welfare effects, Young workers.

Abstract

• https://api.istex.fr/document/F04678920FE67BAB4AE7ABAD5E7CC5A5B2FE754E/fulltext/pdf

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