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来源类型Working Paper
规范类型报告
DOI10.3386/w0187
来源IDWorking Paper 0187
A Model of Social Security and Retirement Decisions
Eytan Sheshinski
发表日期1977-07-01
出版年1977
语种英语
摘要The purpose of the present paper is to focus on the potential inducement to retire earlier in the presence of social security and on the implied effects on lifetime savings. This problem is analyzed within the framework of a model of intertemporal utility maximization. The organization of this work is as follows. Section 1 introduces the topic. Section 2 presents the model of individual optimization and of the market equilibrium. Sections 3 through 5 present the comparative statistics analysis. Section 3 evaluates the effects on the equilibrium retirement age, section 4 modifies the benefits formula to depend on retirement age and section 5 examines the wealth-income ratio effect. Section 6 introduces the intergenerational transfer problem. Section 7 presents the general model underlying the previous sections.
URLhttps://www.nber.org/papers/w0187
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/557379
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GB/T 7714
Eytan Sheshinski. A Model of Social Security and Retirement Decisions. 1977.
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