Retirement Incomes : Private Savings versus Social Transfers
AbstractThis 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 InfoPaper provided by The University of Melbourne in its series Department of Economics - Working Papers Series with number 569.
Length: 18 pages
Date of creation: 1997
Date of revision:
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Postal: Department of Economics, The University of Melbourne, 5th Floor, Economics and Commerce Building, Victoria, 3010, Australia
Phone: +61 3 8344 5289
Fax: +61 3 8344 6899
Web page: http://www.economics.unimelb.edu.au
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Other versions of this item:
- Creedy, John & van de Ven, Justin, 2000. "Retirement Incomes: Private Savings versus Social Transfers," Manchester School, University of Manchester, vol. 68(5), pages 539-51, September.
- G23 - Financial Economics - - Financial Institutions and Services - - - Non-bank Financial Institutions; Financial Instruments; Institutional Investors
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- John Creedy & Shuyun May Li & Solmaz Moslehi, 2008.
"The Composition of Government Expenditure in an Overlapping Generations Model,"
Department of Economics - Working Papers Series
1043, The University of Melbourne.
- 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.
- 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.
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