A Positive Theory of Social Security Based on Reputation

Posted: 5 May 1998

See all articles by Thomas F. Cooley

Thomas F. Cooley

New York University - Leonard N. Stern School of Business; National Bureau of Economic Research (NBER)

Jorge Soares

University of Delaware

Multiple version iconThere are 2 versions of this paper

Date Written: Undated

Abstract

We construct a general equilibrium model in which a pay-as- you-go social security system can be adopted and sustained as a political and economic equilibrium. We analyze the welfare implications of this system and compare general equilibrium welfare measures to the commonly used notion of actuarial fairness.

JEL Classification: H55

Suggested Citation

Cooley, Thomas F. and Soares, Jorge, A Positive Theory of Social Security Based on Reputation (Undated). Simon School of Business Working Paper MP 95-01. Available at SSRN: https://ssrn.com/abstract=4071

Thomas F. Cooley (Contact Author)

New York University - Leonard N. Stern School of Business ( email )

44 West Fourth Street, 7-180
Room 7-85
New York, NY 10012
United States
212-998-0870 (Phone)
212-995-4218 (Fax)

National Bureau of Economic Research (NBER)

1050 Massachusetts Avenue
Computer Research Center
Cambridge, MA 02138
United States

Jorge Soares

University of Delaware ( email )

Department of Economics
Purnell Hall Room 315
Newark, DE 19716
United States
(302) 831 1914 (Phone)
(302) 831 6968 (Fax)

HOME PAGE: http://udel.edu/~jsoares

Here is the Coronavirus
related research on SSRN

Paper statistics

Abstract Views
1,129
PlumX Metrics