Will Social Security Survive the Baby Boom?

Thomas Cooley and J. Soares

Working Papers from Rochester, Business - General

Abstract: In this paper we consider the design and implementation of a pay-as-you-go social insurance system as a problem in political economy. We consider whether a society of forward looking rational economic agents would implement a system in which the level of benefits can depend on the relative shares of different age groups in the population. We calibrate a model economy to match long-run features of the US economy and then look at the nature of the social security system that results.

Keywords: SOCIAL SECURITY; POLITICS; GENERATIONS (search for similar items in EconPapers)
JEL-codes: D91 H55 (search for similar items in EconPapers)
Pages: 24 pages
Date: 1996
References: Add references at CitEc
Citations: View citations in EconPapers (20)

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
Journal Article: Will social security survive the baby boom? (1996)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:fth:robuge:96-01

Access Statistics for this paper

More papers in Working Papers from Rochester, Business - General UNIVERSITY OF ROCHESTER, CENTER FOR MANUFACTURING AND OPERATIONS MANAGEMENT, WILLIAM E. SIMON GRADUATE SCHOOL OF BUSINESS ADMINISTRATION,. Contact information at EDIRC.
Bibliographic data for series maintained by Thomas Krichel ().