Time-Inconsistent Preferences and Social Security
Identifieur interne : 000511 ( Main/Exploration ); précédent : 000510; suivant : 000512Time-Inconsistent Preferences and Social Security
Auteurs : Ay E Mrohoro Lu [États-Unis] ; Selahattin Mrohoro Lu [États-Unis] ; Douglas H. Joines [États-Unis]Source :
- The Quarterly Journal of Economics [ 0033-5533 ] ; 2003-05.
Abstract
In this paper we examine the role of social security in an economy populated by overlapping generations of individuals with time-inconsistent preferences who face mortality risk, individual income risk, and borrowing constraints. We find that unfunded social security lowers the capital stock, output, and consumption for consumers with time-consistent or time-inconsistent preferences. However, it may raise or lower welfare depending on the strength of time inconsistency.
Url:
DOI: 10.1162/003355303321675509
Affiliations:
Links toward previous steps (curation, corpus...)
- to stream Istex, to step Corpus: 000754
- to stream Istex, to step Curation: 000753
- to stream Istex, to step Checkpoint: 000239
- to stream Main, to step Merge: 000518
- to stream Main, to step Curation: 000511
Le document en format XML
<record><TEI wicri:istexFullTextTei="biblStruct"><teiHeader><fileDesc><titleStmt><title>Time-Inconsistent Preferences and Social Security</title>
<author><name sortKey=" Mrohoro Lu, Ay E" sort=" Mrohoro Lu, Ay E" uniqKey=" Mrohoro Lu A" first="Ay E" last=" Mrohoro Lu">Ay E Mrohoro Lu</name>
</author>
<author><name sortKey=" Mrohoro Lu, Selahattin" sort=" Mrohoro Lu, Selahattin" uniqKey=" Mrohoro Lu S" first="Selahattin" last=" Mrohoro Lu">Selahattin Mrohoro Lu</name>
</author>
<author><name sortKey="Joines, Douglas H" sort="Joines, Douglas H" uniqKey="Joines D" first="Douglas H." last="Joines">Douglas H. Joines</name>
</author>
</titleStmt>
<publicationStmt><idno type="wicri:source">ISTEX</idno>
<idno type="RBID">ISTEX:D8E05FD1FF62F8CAE1B0A2A6C7BFC79E392645A9</idno>
<date when="2003" year="2003">2003</date>
<idno type="doi">10.1162/003355303321675509</idno>
<idno type="url">https://api.istex.fr/document/D8E05FD1FF62F8CAE1B0A2A6C7BFC79E392645A9/fulltext/pdf</idno>
<idno type="wicri:Area/Istex/Corpus">000754</idno>
<idno type="wicri:explorRef" wicri:stream="Istex" wicri:step="Corpus" wicri:corpus="ISTEX">000754</idno>
<idno type="wicri:Area/Istex/Curation">000753</idno>
<idno type="wicri:Area/Istex/Checkpoint">000239</idno>
<idno type="wicri:explorRef" wicri:stream="Istex" wicri:step="Checkpoint">000239</idno>
<idno type="wicri:doubleKey">0033-5533:2003: Mrohoro Lu A:time:inconsistent:preferences</idno>
<idno type="wicri:Area/Main/Merge">000518</idno>
<idno type="wicri:Area/Main/Curation">000511</idno>
<idno type="wicri:Area/Main/Exploration">000511</idno>
</publicationStmt>
<sourceDesc><biblStruct><analytic><title level="a">Time-Inconsistent Preferences and Social Security</title>
<author><name sortKey=" Mrohoro Lu, Ay E" sort=" Mrohoro Lu, Ay E" uniqKey=" Mrohoro Lu A" first="Ay E" last=" Mrohoro Lu">Ay E Mrohoro Lu</name>
<affiliation wicri:level="4"><orgName type="university">Université de Californie du Sud</orgName>
<country>États-Unis</country>
<placeName><settlement type="city">Los Angeles</settlement>
<region type="state">Californie</region>
</placeName>
</affiliation>
</author>
<author><name sortKey=" Mrohoro Lu, Selahattin" sort=" Mrohoro Lu, Selahattin" uniqKey=" Mrohoro Lu S" first="Selahattin" last=" Mrohoro Lu">Selahattin Mrohoro Lu</name>
<affiliation wicri:level="4"><orgName type="university">Université de Californie du Sud</orgName>
<country>États-Unis</country>
<placeName><settlement type="city">Los Angeles</settlement>
<region type="state">Californie</region>
</placeName>
</affiliation>
</author>
<author><name sortKey="Joines, Douglas H" sort="Joines, Douglas H" uniqKey="Joines D" first="Douglas H." last="Joines">Douglas H. Joines</name>
<affiliation wicri:level="4"><orgName type="university">Université de Californie du Sud</orgName>
<country>États-Unis</country>
<placeName><settlement type="city">Los Angeles</settlement>
<region type="state">Californie</region>
</placeName>
</affiliation>
</author>
</analytic>
<monogr></monogr>
<series><title level="j">The Quarterly Journal of Economics</title>
<title level="j" type="abbrev">The Quarterly Journal of Economics</title>
<idno type="ISSN">0033-5533</idno>
<idno type="eISSN">1531-4650</idno>
<imprint><publisher>MIT Press</publisher>
<date type="published" when="2003-05">2003-05</date>
<biblScope unit="volume">118</biblScope>
<biblScope unit="issue">2</biblScope>
<biblScope unit="page" from="745">745</biblScope>
<biblScope unit="page" to="784">784</biblScope>
</imprint>
<idno type="ISSN">0033-5533</idno>
</series>
</biblStruct>
</sourceDesc>
<seriesStmt><idno type="ISSN">0033-5533</idno>
</seriesStmt>
</fileDesc>
<profileDesc><textClass></textClass>
</profileDesc>
</teiHeader>
<front><div type="abstract">In this paper we examine the role of social security in an economy populated by overlapping generations of individuals with time-inconsistent preferences who face mortality risk, individual income risk, and borrowing constraints. We find that unfunded social security lowers the capital stock, output, and consumption for consumers with time-consistent or time-inconsistent preferences. However, it may raise or lower welfare depending on the strength of time inconsistency.</div>
</front>
</TEI>
<affiliations><list><country><li>États-Unis</li>
</country>
<region><li>Californie</li>
</region>
<settlement><li>Los Angeles</li>
</settlement>
<orgName><li>Université de Californie du Sud</li>
</orgName>
</list>
<tree><country name="États-Unis"><region name="Californie"><name sortKey=" Mrohoro Lu, Ay E" sort=" Mrohoro Lu, Ay E" uniqKey=" Mrohoro Lu A" first="Ay E" last=" Mrohoro Lu">Ay E Mrohoro Lu</name>
</region>
<name sortKey=" Mrohoro Lu, Selahattin" sort=" Mrohoro Lu, Selahattin" uniqKey=" Mrohoro Lu S" first="Selahattin" last=" Mrohoro Lu">Selahattin Mrohoro Lu</name>
<name sortKey="Joines, Douglas H" sort="Joines, Douglas H" uniqKey="Joines D" first="Douglas H." last="Joines">Douglas H. Joines</name>
</country>
</tree>
</affiliations>
</record>
Pour manipuler ce document sous Unix (Dilib)
EXPLOR_STEP=$WICRI_ROOT/Wicri/Psychologie/explor/BernheimV1/Data/Main/Exploration
HfdSelect -h $EXPLOR_STEP/biblio.hfd -nk 000511 | SxmlIndent | more
Ou
HfdSelect -h $EXPLOR_AREA/Data/Main/Exploration/biblio.hfd -nk 000511 | SxmlIndent | more
Pour mettre un lien sur cette page dans le réseau Wicri
{{Explor lien |wiki= Wicri/Psychologie |area= BernheimV1 |flux= Main |étape= Exploration |type= RBID |clé= ISTEX:D8E05FD1FF62F8CAE1B0A2A6C7BFC79E392645A9 |texte= Time-Inconsistent Preferences and Social Security }}
This area was generated with Dilib version V0.6.33. |