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Title:Social Security and Risk Sharing Author(s):GOTTARDI, Piero
; KUBLER, FelixDate:2009Type:Working PaperSeries/Number:EUI ECO; 2009/12Abstract: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 ...
