Retraite par répartition ou par capitalisation : une analyse de long terme
There is a lot of pressure in the developed countries to modify the pay-as-you-go social security systems. It is often unclear to separate what is important from what is accessory in recent simulation studies, which depend on precise assumptions regarding the demographic trends or taxes. We try to clarify the debate using a simple theoretical overlapping generations model. We analyze the comparative statics of the long run stationary equilibria with respect to the contribution rates to the pay as you go system, under various financing arrangements, through public debt, a wage tax or a tax on interest income.
|Date of creation:||2000|
|Publication status:||Published in Revue Economique, Presses de Sciences Po, 2000, 51 (4), pp.813-829|
|Note:||View the original document on HAL open archive server: https://halshs.archives-ouvertes.fr/halshs-00585272|
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