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Retirement Incomes: Private Savings versus Social Transfers

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Author Info

  • Creedy, John
  • van de Ven, Justin

Abstract

This paper is concerned with the conditions under which a compulsory pay-as-you-go pension system, in which the current generation of workers finances the pensions of those who are currently retired, is superior to the use of private saving.

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Bibliographic Info

Article provided by University of Manchester in its journal Manchester School.

Volume (Year): 68 (2000)
Issue (Month): 5 (September)
Pages: 539-51

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Handle: RePEc:bla:manchs:v:68:y:2000:i:5:p:539-51

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Cited by:
  1. John Freebairn, 2007. "Some Policy Issues in Providing Retirement Incomes," Melbourne Institute Working Paper Series wp2007n06, Melbourne Institute of Applied Economic and Social Research, The University of Melbourne.
  2. John Creedy & Shuyun May Li & Solmaz Moslehi, 2009. "The Composition of Government Expenditure in an Overlapping Generations Model," Department of Economics - Working Papers Series 1064, The University of Melbourne.
  3. Antonis Adam & Thomas Moutos, 2009. "Pension Funding In A Unionized Economy," Scottish Journal of Political Economy, Scottish Economic Society, vol. 56(2), pages 213-231, 05.

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