The Pay-As-You-Go Pension System as a Fertility Insurance and Enforcement Device
收藏NBER1998-06-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w6610
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资源简介：
It is argued that a PAYGO system may have useful allocative functions in that it serves as an insurance against not having children and as an enforcement device for rotten kid' who are unwilling to pay their parents a pension. It is true that the system has amoral hazard effect in terms of reducing
提供机构：
美国国家经济研究局
创建时间：
1998-06-01
