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Social Security in a Stochastic Economy

Vincent Touzé

Working Papers from Paris X - Nanterre, U.F.R. de Sc. Ec. Gest. Maths Infor.

Abstract: The purpose of this paper is to study unfunded social security systems in the framework of an economy submitted to demographic and technological shocks. The emergence of transfers between generations rests on a motive of rreal and possible inequalities correction or on a portfolio choice.

Keywords: SOCIAL SECURITY; STOCHASTIC MODELS; ECONOMIC MODELS (search for similar items in EconPapers)
JEL-codes: H55 (search for similar items in EconPapers)
Pages: 21 pages
Date: 1999
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Working Paper: Social security in a stochastic economy (1999)
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