A note on intergenerational risk sharing and the design of pay-as-you-go pension programs

Journal of Population Economics

Volumn 11, Issue 3, 1998, Pages 373-378

  Thøgersen, Øystein ^a  

^a Institute for Research in Economics and Business Administration   (Norway)

Author keywords

Intergenerational risk sharing; Public pension programs; Social security

Indexed keywords

EID: 0032344634     PISSN: 09331433     EISSN: None     Source Type: Journal    
DOI: 10.1007/s001480050074     Document Type: Article

References (8)

1. Diamond PA (1965) National debt in a neoclassical growth model. American Economic Review 55(5):1126-1150
2. Enders W, Lapan HE (1982) Social security taxation and intergenerational risk sharing. International Economic Review 23(3):647-658
3. Enders W, Lapan HE (1993) A model of first and second-best social security programs. Journal of Economics - Zeitschrift für Nationalökonomie 7(Suppl):65-90
4. Gordon RH, Varian HR (1988) Intergenerational risk sharing. Journal of Public Economics 37:185-202
5. Kotlikoff LJ (1995) Privatization of social security: How it works and why it matters. Working Paper 5330, National Bureau of Economic Research, Cambridge, MA
6. OECD (1988) Reforming public pensions. OECD, Paris
7. Verbon HAA (1989) Conversion policies for public pension plans in a small open economy. In: BA Gustafsson, NA Klevmarken (eds) The political economy of social security. Elsevier, Amsterdam, 83-95
8. World Bank (1994) Averting the old age crisis. Oxford University Press, Oxford