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Welfare for the elderly: the effects of SSI on pre-retirement labor supply

✍ Scribed by David Neumark; Elizabeth Powers

Book ID
114095821
Publisher
Elsevier Science
Year
2000
Tongue
English
Weight
180 KB
Volume
78
Category
Article
ISSN
0047-2727

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πŸ“œ SIMILAR VOLUMES

Welfare effects of controlling labor sup
Welfare effects of controlling labor supply: an application of the stochastic Ramsey model
✍ Henrik Amilon; Hans-Peter Bermin πŸ“‚ Article πŸ“… 2003 πŸ› Elsevier Science 🌐 English βš– 381 KB

In this paper we extend Merton's (Rev. Econom. Stud. 42 (1975) 375) classic stochastic version of the Ramsey model by allowing the government to control the expected growth rate of the labor supply. We characterize the solution to this control problem for general time-separable preferences, and deri