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Pareto-improving social security reform with public goods

Author

Listed:
  • Mark Roberts

Abstract

A social security reform may be Pareto-improving by releasing finance to provide more public goods, either directly if the two budgets are consolidated or indirectly through increasing the demand for public debt.

Suggested Citation

  • Mark Roberts, 2015. "Pareto-improving social security reform with public goods," Discussion Papers 2015/02, University of Nottingham, Centre for Finance, Credit and Macroeconomics (CFCM).
    • Handle: RePEc:not:notcfc:15/02
    as

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    File URL: https://www.nottingham.ac.uk/cfcm/documents/papers/cfcm-2015-02.pdf
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    References listed on IDEAS

    as
    1. Homburg, Stefan, 1990. "The Efficiency of Unfunded Pension Schemes," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 146, pages 640-647.
    2. Andrew Ang & Joseph Chen & Yuhang Xing, 2006. "Downside Risk," The Review of Financial Studies, Society for Financial Studies, vol. 19(4), pages 1191-1239.
      • Andrew Ang & Joseph Chen & Yuhang Xing, 2005. "Downside risk," Proceedings, Board of Governors of the Federal Reserve System (U.S.).
    Full references (including those not matched with items on IDEAS)

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