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Hunting the unobservables for optimal social security: a general equilibrium approach
- Source :
- Public Finance Review. July, 2009, Vol. 37 Issue 4, p470, 33 p.
- Publication Year :
- 2009
-
Abstract
- A study was conducted to examine the optimal size of a pay-as-you-go social security program for an economy composed of permanent income and hand-to-mouth consumers. This issue is studied in a life-cycle general equilibrium model. The welfare consequences of social security are also analyzed.
Details
- Language :
- English
- ISSN :
- 10911421
- Volume :
- 37
- Issue :
- 4
- Database :
- Gale General OneFile
- Journal :
- Public Finance Review
- Publication Type :
- Periodical
- Accession number :
- edsgcl.204953430