Barnett, Richard C.; Bhattacharya, Joydeep; Puhakka, Mikko - Institut for Miljø og Erhvervsøkonomi, Syddansk … - 2012
anticipation of a possible future gift from her children – with a pay-as-you-go, social security system in a lifecycle model with … dimension of these competing institutions. We show that an optimally-chosen family compact and a social security system cannot … appear ideal for the introduction of a social security system – as the experience of Europe, circa 1880s, would suggest …