Browsing Department of Economics (ECO) by Subject "Intergenerational Risk Sharing"

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Browsing Department of Economics (ECO) by Subject "Intergenerational Risk Sharing"

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    Title: Social Security and Risk Sharing  Author(s): GOTTARDI, Piero; KUBLER, Felix Date: 2009 Type of Publication: Working Paper Series/Report no.: EUI ECO Abstract: Social Security and Risk Sharing Piero Gottardi Felix Kubler Abstract In this paper we identify conditions under which the introduction of a pay-as-you-go social security system is ex-ante Pareto-improving in a stochastic ...