This paper provides a theoretical analysis of the effects of the insurance feature of social security indexation on portfolio allocation and the stability of income and consumption of the retiree within the framework of a life-cycle model of allocation under uncertainty. The paper shows that the mag
โฆ LIBER โฆ
Uncertain lifetime, fertility and social security
โ Scribed by Akira Yakita
- Publisher
- Springer
- Year
- 2001
- Tongue
- English
- Weight
- 62 KB
- Volume
- 14
- Category
- Article
- ISSN
- 0933-1433
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