Intergenerational Risk Sharing, Pensions, and Endogenous Labour Supply in General Equilibrium

被引：11
|
作者：
Beetsma, Roel M. W. J. [1 ]
Romp, Ward E. [1 ]
Vos, Siert J. [2 ]
机构：
[1] Univ Amsterdam, NL-1018 WB Amsterdam, Netherlands
[2] MN Serv, NL-2595 AK The Hague, Netherlands
来源：
SCANDINAVIAN JOURNAL OF ECONOMICS | 2013年 / 115卷 / 01期
关键词：
Defined wage-indexed benefit; funding; overlapping generations; pay-as-you-go; pension systems; E21; SOCIAL-SECURITY; RARE DISASTERS;
D O I：
10.1111/j.1467-9442.2012.01732.x
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
We show that a two-tier pension system, with a pay-as-you-go first tier and a fully funded, defined wage-indexed second tier, can provide for optimal intergenerational risk-sharing without distorting the labour supply, thereby achieving the first best. Other arrangements with a fully-funded second tier fail to achieve the first best.
引用
收藏
页码：141 / 154
页数：14
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