Intergenerational Risksharing and Equilibrium Asset Prices
收藏NBER2006-05-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w12204
下载链接
链接失效反馈官方服务:
资源简介:
In the presence of overlapping generations, markets are incomplete because it is impossible to engage in risksharing trades with the unborn. In such an environment the government can use a social security system, with contingent taxes and benefits, to improve risksharing across generations. An
提供机构:
美国国家经济研究局
创建时间:
2006-05-01



