Skip navigation

Bookboon.com Ladda ner e-böcker och kurslitteratur gratis

Choose a category

The Overlapping Generations Model and the Pension

The Overlapping Generations Model and the Pension
Ingen betygsättning ännu
ISBN: 978-87-7681-211-1
1. Utgåva
Sidor : 17
  • Price: 75,50 kr
  • Price: €8,99
  • Price: £8,99
  • Price: ₹150
  • Price: $8,99
  • Price: 75,50 kr
  • Price: 75,50 kr

Ladda ner e-boken GRATIS i 4 enkla steg...

Vi beklagar verkligen, men för att kunna ladda ner våra böcker eller titta på våra videos måste din webbläsare tillåta JavaScript.
Du kommer att få ett e-postmeddelande där du blir ombedd att bekräfta din e-postadress. Därefter kommer du att få ett meddelande om våra nya e-böcker varje vecka. Inga kontaktuppgifter som du uppger till oss kommer att lämnas ut till någon tredje part.
eLib
Unlock your organization's learning potential
Titta på demo

Corporate eLibrary

Discover our employee learning solutions

This is a Premium eBook

Bookboon Premium - Gain access to over 800 eBooks - without ads

You can get free access for a month to this - and 800 other books with the Premium Subscription. You can also buy the book below

  • Start a 30-day free trial. After trial: 39,99 kr p/m
  • Start a 30-day free trial. After trial: €5,99 p/m
  • Start a 30-day free trial. After trial: £4,99 p/m
  • Start a 30-day free trial. After trial: ₹299 p/m
  • Start a 30-day free trial. After trial: $3,99 p/m
  • Start a 30-day free trial. After trial: 39,99 kr p/m
  • Start a 30-day free trial. After trial: 39,99 kr p/m
eLib
Unlock your organization's learning potential
Klicka här!

Corporate eLibrary

Discover our employee learning solutions

Om boken

  1. Förklaring
  2. Förord
  3. Innehåll

Förklaring

This textbook provides a detailed summary of the key elements of The Overlapping Generations Model and the Pension System.

Förord

This note presents the simplest overlapping generations model. The model is due to Diamond (1965), who built on earlier work by Samuelson (1958).

Overlapping generations models capture the fact that individuals do not live forever, but die at some point and thus have finite life-cycles. Overlapping generations models are especially useful for analysing the macro-economic effects of different pension systems.

The next section sets up the model. Section 3 solves for the steady state. Section 4 explains why the steady state is not necessarily Pareto-efficient. The model is then used in section 5 to analyse fully funded and pay-as-you-go pension systems. Section 6 shows why a shift from a pay-as-you-go to a fully funded system is never a Pareto-improvement. Section 7 concludes.

Innehåll

  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
This website uses cookies to improve user experience. By using our website you consent to all cookies in accordance with EU regulation.