The Insurance Role of Social Security : Theory and Lessons for Policy Reform /
This paper examines the impact of social security on welfare. The provision of social security reduces precautionary savings and encourages early retirement. Consequently, it lowers aggregate capital, employment, output, and consumption. On the other hand, it also provides old age insurance. This tr...
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| フォーマット: | 雑誌 |
| 言語: | English |
| 出版事項: |
Washington, D.C. :
International Monetary Fund,
1997.
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| シリーズ: | IMF Working Papers; Working Paper ;
No. 1997/113 |
| オンライン･アクセス: | Full text available on IMF |