Social security and savings plans in overlapping-generations models
Social security and savings plans in overlapping-generations models
复制标题
代际重叠模型中的社会保障和储蓄计划
DOI：
10.1016/0047-2727(83)90074-9
复制
发表时间：
1983
影响因子：
9.8
通讯作者：
J. Burbidge
中科院分区：
文献类型：
--
作者：
J. Burbidge
本文考察了社会保障和储蓄计划对一个简单的无不确定性代际模型的影响。该模型与戴蒙德和萨缪尔森-盖尔公共债务和公共资本模型相关，并提供了两者的调和。储蓄计划和现收现付社会保障被认为有很大不同的影响取决于公共债务和资本的增长率的假设，它也表明，费尔德斯坦提出的社会保障计划是不可行的，在稳定状态下，他采用作为出发点。
This paper examines the impact of social security and saving plans on a simple overlapping-generations model with no uncertainty. The model is related to, and provides a reconciliation of, the Diamond and Samuelson–Gale models of public debt and public capital. Savings plans and pay-as-you-go social security are seen to have quite different effects depending on the assumptions governing the growth rates of public debt and capital, and it is also shown that the social security program proposed by Feldstein is infeasible in the steady state he adopts as a starting-point.