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Decision making on pension schemes under rational expectations


  • Harrie Verbon
  • Marijn Verhoeven


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  • Harrie Verbon & Marijn Verhoeven, 1992. "Decision making on pension schemes under rational expectations," Journal of Economics, Springer, vol. 56(1), pages 71-97, February.
  • Handle: RePEc:kap:jeczfn:v:56:y:1992:i:1:p:71-97
    DOI: 10.1007/BF01239492

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    References listed on IDEAS

    1. Paul A. Samuelson, 1958. "An Exact Consumption-Loan Model of Interest with or without the Social Contrivance of Money," Journal of Political Economy, University of Chicago Press, vol. 66, pages 467-467.
    2. Robert K. von Weizsäcker, 1990. "Population Aging and Social Security: A Politico-Economic Model of State Pension Financing," Discussion Paper Serie A 279, University of Bonn, Germany, revised Jul 1990.
    3. Boadway, Robin W & Wildasin, David E, 1989. "A Median Voter Model of Social Security," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 30(2), pages 307-328, May.
    4. Hansson, Ingemar & Stuart, Charles, 1989. "Social Security as Trade among Living Generations," American Economic Review, American Economic Association, vol. 79(5), pages 1182-1195, December.
    5. von Weizsacker, Robert K, 1990. "Population Aging and Social Security: A Politico-Economic Model of State Pension Financing," Public Finance = Finances publiques, , vol. 45(3), pages 491-509.
    6. Blanchard, Olivier Jean & Kahn, Charles M, 1980. "The Solution of Linear Difference Models under Rational Expectations," Econometrica, Econometric Society, vol. 48(5), pages 1305-1311, July.
    7. Veall, Michael R., 1986. "Public pensions as optimal social contracts," Journal of Public Economics, Elsevier, vol. 31(2), pages 237-251, November.
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    Cited by:

    1. Wagener, Andreas, 2004. "On intergenerational risk sharing within social security schemes," European Journal of Political Economy, Elsevier, vol. 20(1), pages 181-206, March.
    2. Grégory de Walque, 2005. "Voting on Pensions: A Survey," Journal of Economic Surveys, Wiley Blackwell, vol. 19(2), pages 181-209, April.
    3. Grossman, Gene M & Helpman, Elhanan, 1998. "Intergenerational Redistribution with Short-Lived Governments," Economic Journal, Royal Economic Society, vol. 108(450), pages 1299-1329, September.
    4. Edith Sand & Assaf Razin, 2008. "The Political-Economy Role of the Social Security System in Sustaining Migration," 2008 Meeting Papers 150, Society for Economic Dynamics.
    5. Meijdam, Lex & Verbon, Harrie A A, 1996. "Aging and Political Decision Making on Public Pensions," Journal of Population Economics, Springer;European Society for Population Economics, vol. 9(2), pages 141-158, May.
    6. Meijdam, Lex & Verhoeven, Marijn, 1995. "Constraints in perfect-foresight models: The case of old-age savings and public pensions," Economics Letters, Elsevier, vol. 48(2), pages 129-137, May.
    7. Gradstein, Mark & Kaganovich, Michael, 2004. "Aging population and education finance," Journal of Public Economics, Elsevier, vol. 88(12), pages 2469-2485, December.
    8. Dekkers, Gijs J.M. & Nelissen, Jan H.M. & Becker, Henk A., 2002. "Intergenerational redistribution of income through capital funding pension schemes: simulating the Dutch pension fund ABP," MPRA Paper 36137, University Library of Munich, Germany.
    9. Galasso, Vincenzo & Profeta, Paola, 2002. "The political economy of social security: a survey," European Journal of Political Economy, Elsevier, vol. 18(1), pages 1-29, March.
    10. Friedrich Breyer & Klaus Stolte, 2001. "Demographic change, endogenous labor supply and the political feasibility of pension reform," Journal of Population Economics, Springer;European Society for Population Economics, vol. 14(3), pages 409-424.
    11. Daisuke Ikazaki, 2014. "A Human Capital Based Growth Model with Environment and Corruption," Journal of Economic Structures, Springer;Pan-Pacific Association of Input-Output Studies (PAPAIOS), vol. 3(1), pages 1-13, December.
    12. Kemmerling, Achim & Neugart, Michael, 2009. "Financial market lobbies and pension reform," European Journal of Political Economy, Elsevier, vol. 25(2), pages 163-173, June.
    13. Gilles Le Garrec, 2005. "Systèmes de retraite et vieillissement," Documents de Travail de l'OFCE 2005-21, Observatoire Francais des Conjonctures Economiques (OFCE).
    14. Dekkers, G.J.M., 1994. "Intergenerational redistribution of income through additional pension schemes," WORC Paper 94.02.011/2, Tilburg University, Work and Organization Research Centre.
    15. van de Ven, M.E.A.J., 1996. "Intergenerational redistribution in representative democracies," Other publications TiSEM 56c7d0bd-d4a1-4a29-be8b-7, Tilburg University, School of Economics and Management.
    16. Edith Sand & Assaf Razin, 2007. "The Political-Economy Positive Role of the Social Security System in Sustaining Immigration (But Not Vice Versa)," NBER Working Papers 13598, National Bureau of Economic Research, Inc.
    17. Razin, Assaf & Sand, Edith, 2007. "The Role of Immigration in Sustaining the Social Security System: A Political Economy Approach," CEPR Discussion Papers 6302, C.E.P.R. Discussion Papers.
    18. Berthold U. Wigger, 2002. "Social Security and Growth in an Altruistic Economy," German Economic Review, Verein für Socialpolitik, vol. 3(1), pages 53-80, February.
    19. Lorz, Jens Oliver, 1999. "The political economy of intra- and intergenerational redistribution with asymmetric information," Kiel Working Papers 904, Kiel Institute for the World Economy (IfW).

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