Generations Model and the Pension System

av Koen Vermeylen
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19 pages
Språk:
 English
This is a review of the theoretical conditions for The Overlapping Generations Model and the Pension System.
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Description
Content

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