A Comparative Welfare Analysis of Social Security System Selection
AbstractThe design of a comprehensive social security system is a critical issue to many countries and regions. This paper presents a comparative economic welfare analysis on typical social security systems from the viewpoints of â€œall-generation welfareâ€ and â€œeach-generation welfare,â€ respectively. The analysis shows that the fact that one social security system is better or worse than another is not absolute and that it depends on some specific parameter conditions. In the paper, we provide these parameter conditions and also show a â€œparadox of social security system designâ€ based on the analysis. At the end of the paper, two further research-worthy questions are raised.
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Bibliographic InfoArticle provided by De Gruyter in its journal Asia-Pacific Journal of Risk and Insurance.
Volume (Year): 1 (2005)
Issue (Month): 1 ()
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Web page: http://www.degruyter.com
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