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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w14682 |
来源ID | Working Paper 14682 |
Welfare and Generational Equity in Sustainable Unfunded Pension Systems | |
Alan J. Auerbach; Ronald Lee | |
发表日期 | 2009-01-29 |
出版年 | 2009 |
语种 | 英语 |
摘要 | We evaluate several actual and hypothetical sustainable PAYGO pension structures, including: (1) versions of the US Social Security system with annual adjustments of taxes or benefits to maintain fiscal balance; (2) Sweden's Notional Defined Contribution system and several variants developed to improve fiscal stability; and (3) the German system, which also includes annual adjustments to maintain fiscal balance. For each system, we present descriptive measures of uncertainty in representative outcomes for a typical generation and across generations. We then estimate expected utility for generations based on simplifying assumptions and incorporate these expected utility calculations in an overall social welfare measure. Using a horizontal equity index, we also compare the different systems' performance in terms of how neighboring generations are treated. |
主题 | Public Economics ; National Fiscal Issues ; Labor Economics ; Demography and Aging |
URL | https://www.nber.org/papers/w14682 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/572358 |
推荐引用方式 GB/T 7714 | Alan J. Auerbach,Ronald Lee. Welfare and Generational Equity in Sustainable Unfunded Pension Systems. 2009. |
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文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w14682.pdf(219KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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