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The Insurance Role of Social Security

The Insurance Role of Social Security »

Source: The Insurance Role of Social Security : Theory and Lessons for Policy Reform

Volume/Issue: 1997/113

Series: IMF Working Papers

Author(s): Victor Valdivia

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 1997

ISBN: 9781451944174

Keywords: Public Finance, Computable General Equilibrium, welfare gains, wealth distribution, welfare impact, social security system

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, o...

The Insurance Role of Social Security
			: Theory and Lessons for Policy Reform

The Insurance Role of Social Security : Theory and Lessons for Policy Reform »

Volume/Issue: 1997/113

Series: IMF Working Papers

Author(s): Victor Valdivia

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 1997

DOI: http://dx.doi.org/10.5089/9781451944174.001

ISBN: 9781451944174

Keywords: Public Finance, Computable General Equilibrium, welfare gains, wealth distribution, welfare impact, social security system

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, o...