Altruism, borrowing constraints, and social security
David Altig and
Steven Davis ()
No 8918, Working Paper from Federal Reserve Bank of Cleveland
An examination of how intergenerational altruism and borrowing constraints shape the interest rate, savings, and welfare response to funded and unfunded Social Security programs.
Keywords: Interest rates; Social security; Saving and investment; Altruism (search for similar items in EconPapers)
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