The impact on the stationary state income of a pay-as-you-go system of social security
| dc.contributor.affiliation | FGV | |
| dc.contributor.author | Pessôa, Samuel de Abreu | |
| dc.contributor.unidadefgv | Escolas::EPGE | por |
| dc.date.accessioned | 2014-10-31T12:18:17Z | |
| dc.date.available | 2014-10-31T12:18:17Z | |
| dc.date.issued | 1996-02-01 | |
| dc.description.abstract | A model of overlapping generations in continuous time is composed. IndividuaIs pass through two distinct time periods during their life times. During the first period, they work, save and have a death probability equal to zero. During the second, from the periods T after birth, their probability of death changes to p and then they retire. Capital stock and the stationary state in come are calculated for two situations: in the first, people live from their accumulated capital after retirementj in the second, they live from a state transfer payment through income taxo To simplify matters, in this preliminary version, it is supposed that there is no population growth and that the instantaneous elasticity substitution of consumption is unitary. | eng |
| dc.identifier.uri | https://hdl.handle.net/10438/12308 | |
| dc.language.iso | eng | |
| dc.publisher | Escola de Pós-Graduação em Economia da FGV | por |
| dc.relation.ispartofseries | Seminários de pesquisa econômica da EPGE | por |
| dc.rights | Todo cuidado foi dispensado para respeitar os direitos autorais deste trabalho. Entretanto, caso esta obra aqui depositada seja protegida por direitos autorais externos a esta instituição, contamos com a compreensão do autor e solicitamos que o mesmo faça contato através do Fale Conosco para que possamos tomar as providências cabíveis | por |
| dc.subject.area | Economia | por |
| dc.subject.bibliodata | Renda - Modelos econômicos | por |
| dc.title | The impact on the stationary state income of a pay-as-you-go system of social security | eng |
| dc.type | Working Paper | eng |