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Social Security and Equilibrium Capital Intensity

Laurence Kotlikoff

The Quarterly Journal of Economics, 1979, vol. 93, issue 2, 233-253

Abstract: I. The theory of social security and life cycle savings, 234.—II. Social security and the steady state capital stock in a life cycle economy, 237.—III. Partial equilibrium effect, 239.—IV. General equilibrium changes in capital intensity, 241.—V. Alternative specifications and some macro issues, 247.—VI. Summary and conclusion, 248.—Appendix A, 249.—Appendix B, 251.

Date: 1979
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The Quarterly Journal of Economics is currently edited by Robert J. Barro, Lawrence F. Katz, Nathan Nunn, Andrei Shleifer and Stefanie Stantcheva

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