On The Endogenous Sustainability of the Non-funded Social Security System
The paper describes the effects of the non-funded social security systems over fertility rate and labor supply(typically family choice variables). We show that changes on fiscal policy may induce subsequent changes on family choices which produce an endogenous problem of sustainability over the social security system.
|Date of creation:||2002|
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- Gary S. Becker & Kevin M. Murphy & Robert Tamura, .
"Human Capital, Fertility, and Economic Growth,"
University of Chicago - Population Research Center
90-5a, Chicago - Population Research Center.
- Gary S. Becker & Kevin M. Murphy & Robert Tamura, 1994. "Human Capital, Fertility, and Economic Growth," NBER Chapters, in: Human Capital: A Theoretical and Empirical Analysis with Special Reference to Education (3rd Edition), pages 323-350 National Bureau of Economic Research, Inc.
- Becker, Gary S & Murphy, Kevin M & Tamura, Robert, 1990. "Human Capital, Fertility, and Economic Growth," Journal of Political Economy, University of Chicago Press, vol. 98(5), pages S12-37, October.
- Laurence J. Kotlikoff, 1998.
"Simulating the Privatization of Social Security in General Equilibrium,"
in: Privatizing Social Security, pages 265-311
National Bureau of Economic Research, Inc.
- Laurence J. Kotlikoff, 1996. "Simulating the Privatization of Social Security in General Equilibrium," NBER Working Papers 5776, National Bureau of Economic Research, Inc.
- Ehrlich, Isaac & Zhong, Jian-Guo, 1998. "Social Security and the Real Economy: An Inquiry into Some Neglected Issues," American Economic Review, American Economic Association, vol. 88(2), pages 151-57, May.
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