Different social security systems and their impact on savings rates and economic growth

被引:0
|
作者
Xi, Peng [1 ]
Zhongchang, Chen [1 ]
Jiajia, Yu [2 ]
机构
[1] School of Public Affairs, Chongqing University, No. 174 Shazhengjie, Shapingba, Chongqing, China
[2] Chongqing Jianzhu College, No. 8 Bolin, Nanan, Chongqing, China
来源
Advances in Modelling and Analysis A | 2017年 / 54卷 / 01期
关键词
Economic and social effects - Economics - Security systems;
D O I
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中图分类号
学科分类号
摘要
This paper compared with different social security system, Pay-as-you-go(PAYG) and Funded pension system, and they have different degrees of impact on savings rates and economic growthin anoverlapping generations modelby using discrete optimization method and the Bellman equation, solving the value function makes it possible to obtain its optimal solution.
引用
收藏
页码:75 / 86
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