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Intergenerational Risk Sharing

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NBER1985-10-01 更新2025-01-04 收录
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https://www.nber.org/papers/w1730
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In this paper, we argue that in designing government debt and tax-transfer policies, it is important to consider their implications for the allocation of risk between generations. There is no reason to presume that the market or the family can allocate risk efficiently to future generations,
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1985-10-01
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