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Social Security and Saving: An Update

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NBER2017-06-01 更新2025-01-04 收录
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https://www.nber.org/papers/w23506
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资源简介:
Typical neoclassical life-cycle models predict that Social Security has a large and negative effect on private savings. We review this theoretical literature by constructing a model where individuals face uninsurable longevity risk and differ by wage earnings, while Social Security provides benefits
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2017-06-01
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