An edition of A matter of trust (2011)

A matter of trust

understanding worldwide public pension conversions

A matter of trust
Kent A. Smetters, Kent A. Smet ...
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Last edited by MARC Bot
October 17, 2020 | History
An edition of A matter of trust (2011)

A matter of trust

understanding worldwide public pension conversions

"The NBER Bulletin on Aging and Health provides summaries of publications like this. You can sign up to receive the NBER Bulletin on Aging and Health by email. This paper seeks to explain the key two stylized facts of fundamental reforms to social security systems worldwide: Why have so many countries reformed when traditional systems seem, at first glance, to have a higher probability of delivering a secure retirement income? Why have these reforms been larger in developing countries facing less severe demographic problems? We show that an OLG voter model can answer both questions. Larger reforms are motivated by a fundamental breakdown in intergenerational trust while smaller reforms are caused by a lack of trust in the ability of the government to save. Empirical analysis seems to support the model"--National Bureau of Economic Research web site.

Publish Date
Language
English

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Edition Availability
Cover of: A matter of trust
A matter of trust: understanding worldwide public pension conversions
2011, National Bureau of Economic Research
Electronic resource in English

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Book Details


Edition Notes

Title from PDF file as viewed on 7/21/2011.

Includes bibliographical references.

Also available in print.

System requirements: Adobe Acrobat Reader.

Mode of access: World Wide Web.

Published in
Cambridge, MA
Series
NBER working paper series -- working paper 17015, Working paper series (National Bureau of Economic Research : Online) -- working paper no. 17015.

Classifications

Library of Congress
HB1

The Physical Object

Format
Electronic resource

ID Numbers

Open Library
OL24924186M
LCCN
2011657226

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October 17, 2020 Edited by MARC Bot import existing book
August 4, 2011 Created by LC Bot import new book