Pestieau, Pierre (contributor); … - 2006
Longevity and Pay-as-you-Go Pensions
∗
Pierre Pestieau
†
,GregoryPonthiere
‡
and Motohiro Sato
§
June 9, 2006
Abstract … being at the
social optimum. For instance, a Pay-as-you-Go pension system may exist, and,
by discouraging savings, may lead …Longevity and Pay-as-you-Go Pensions
∗
Pierre Pestieau
†
,GregoryPonthiere
‡
and Motohiro Sato
§
June 9, 2006
Abstract …