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Title:Social Security and Risk Sharing Author(s):GOTTARDI, Piero
; KUBLER, FelixDate:2009Type:Working PaperSeries/Number:EUI ECO; 2009/12Abstract:. Therefore, a welfare improvement can only be obtained if agents.welfare is evaluated ex ante, and arises from the possibility of inducing, through social security, an improved level of intergenerational risk sharing. We ...
