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Generations Model and the Pension System

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Lingua:  English
This is a review of the theoretical conditions for The Overlapping Generations Model and the Pension System.
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Contenuto

This is a review of the theoretical conditions for The Overlapping Generations Model and the Pension System.

  1. Introduction
  2. The overlapping generations model
  3. The steady state
  4. Is the steady state Pareto-optimal?
  5. Fully funded versus pay-as-you-go pension systems
  6. Shifting from a pay as-you-go to a fully funded system
  7. Conclusion
  8. References
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