学術雑誌論文

本学関連学会

text

大阪大学経済学. 2013, 63(2), p. 119-131

Mandatory Social Security Regime, Consumption and Retirement Behavior of Quasi-Hyperbolic Discounters

Zhang, Lin

英語

text

2013-09

This paper proposes a mandatory social security contribution regime in order to adjust the consumption and retirement age of quasi-hyperbolic discounters to the optimal level in the long-run perspective, which is under exponential discounting. Within this mandatory pension contribution regime, this paper ascertains that the behavior of some generations can be adjusted to the optimal level while other generations cannot have both consumption and retirement age adjusted to the optimal level. With behavior adjusted to the optimal level, the adjusted generations’ welfare is improved. However, the un-adjusted generations’ welfare is deteriorated.

10.18910/57127

57127

Mandatory Social Security Regime, Consumption and Retirement Behavior of Quasi-Hyperbolic Discounters

Zhang, Lin

大阪大学経済学会

英語

2013-09

大阪大学経済学

63

2

119

131

https://hdl.handle.net/11094/57127

10.18910/57127

https://doi.org/10.18910/57127