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Does Social Security Privatization Produce Efficiency Gains?

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NBER2005-09-01 更新2025-01-04 收录
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https://www.nber.org/papers/w11622
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资源简介:
While privatizing Social Security can improve labor supply incentives, it can also reduce risk sharing when households face uninsurable risks. We simulate a stylized 50-percent privatization using an overlapping-generations model where heterogenous agents with elastic labor supply face idiosyncratic
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2005-09-01
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