On the role of labor supply for the optimal size of social security

DOI10.1016/J.JEDC.2011.01.012MaRDI QIDQ545188zbMATH OpenOpenAlexFDO

Authors Marten Hillebrand

Publication date 22 June 2011

Published in Journal of Economic Dynamics and Control (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1016/j.jedc.2011.01.012

zbMATH Keywords

capital accumulationlabor supplylong-run optimalityoverlapping generationssocial optimalitysocial securitytime consistency

Mathematics Subject Classification ID

Welfare economics (91B15) Economic growth models (91B62)

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Cites work

• Capital accumulation in a stochastic overlapping generations model with social Security
• Conditional Pareto optimality of stationary equilibrium in a stochastic overlapping generations model
• Micro and macro elasticities in a life cycle model with taxes
• On optimality in intergenerational risk sharing
• Social Security and Demographic Shocks
• Stationary equilibria in an overlapping generations economy with stochastic production
• Stationary Markov Equilibria
• Stationary Markov Equilibria in an Olg Model with Correlated Production Shocks
• Stationary Pareto optimality of stochastic asset equilibria with overlapping generations
• Stochastic OLG models, market structure, and optimality

Cited in

(6)

• Optimal social security in a dynastic model with investment externalities and endogenous fertility
• Labor supply and the optimality of social security
• Bubbly Markov equilibria
• On the optimal size of social security in the presence of a stock market
• The destabilizing effects of the \textit{social norm to work} under a social security system
• Social security reform and intertemporal smoothing

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