On the optimal size of social security in the presence of a stock market

DOI10.1016/J.JMATECO.2011.11.002zbMATH Open1236.91066OpenAlexW2007405097MaRDI QIDQ2427872FDOQ2427872

Authors: Marten Hillebrand 

Publication date: 18 April 2012

Published in: Journal of Mathematical Economics (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.jmateco.2011.11.002

Recommendations

• On the role of labor supply for the optimal size of social security
• Capital accumulation in a stochastic overlapping generations model with social Security
• A life cycle analysis of social security
• Social security and risk sharing
• Social security and intergenerational equity

zbMATH Keywords

capital accumulationsocial securitystock markettime consistencyoverlapping generationslong-run optimalitysocial optimality

Mathematics Subject Classification ID

Macroeconomic theory (monetary models, models of taxation) (91B64) Welfare economics (91B15)

Cites Work

• Stationary Markov Equilibria
• Investment Under Uncertainty
• On optimality in intergenerational risk sharing
• Stochastic OLG models, market structure, and optimality
• Stationary equilibria in an overlapping generations economy with stochastic production
• The Effects of a Baby Boom on Stock Prices and Capital Accumulation in the Presence of Social Security
• Stationary Pareto optimality of stochastic asset equilibria with overlapping generations
• Capital accumulation in a stochastic overlapping generations model with social Security
• Social Security and Demographic Shocks
• On the role of labor supply for the optimal size of social security
• Characterizing efficiency in stochastic overlapping generations models
• Nonshiftable capital, affine price expectations and convergence to the golden rule.
• Asset Valuation and Production Efficiency in an Overlapping-Generations Model with Production Shocks

Cited In (6)

• A life cycle analysis of social security
• Optimal social security in a dynastic model with investment externalities and endogenous fertility
• On the role of labor supply for the optimal size of social security
• Markovian Social Security in Unequal Societies
• Capital accumulation in a stochastic overlapping generations model with social Security
• The Effects of a Baby Boom on Stock Prices and Capital Accumulation in the Presence of Social Security

This page was built for publication: On the optimal size of social security in the presence of a stock market

Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q2427872)