Sustainability of pension schemes:building a smooth automatic balance mechanism with an application to the us social security
"We build a "smooth" automatic balance mechanism (S–ABM) which would result from an optimal tradeoff between increasing the receipts and reducing the pension expenditures. The S-ABM obtains from minimizing an intertemporal discounted quadratic loss function under an intertemporal budg...
| Main Authors: | , , |
|---|---|
| Institution: | ETUI-European Trade Union Institute |
| Format: | TEXT |
| Language: | English |
| Published: |
Paris
2016
OFCE |
| Subjects: | |
| Online Access: | https://www.labourline.org/KENTIKA-19104957124919221399-Sustainability-of-pension-sche.htm |
