Pensions, Growth, and Inequalities in the Presence of Myopic Individuals (notice n° 157243)
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control field | 20250112031845.0 |
041 ## - LANGUAGE CODE | |
Language code of text/sound track or separate title | fre |
042 ## - AUTHENTICATION CODE | |
Authentication code | dc |
100 10 - MAIN ENTRY--PERSONAL NAME | |
Personal name | Bouzahzah, Mohamed |
Relator term | author |
245 00 - TITLE STATEMENT | |
Title | Pensions, Growth, and Inequalities in the Presence of Myopic Individuals |
260 ## - PUBLICATION, DISTRIBUTION, ETC. | |
Date of publication, distribution, etc. | 2002.<br/> |
500 ## - GENERAL NOTE | |
General note | 69 |
520 ## - SUMMARY, ETC. | |
Summary, etc. | This article discusses an endogenous growth model involving myopic agents. Like Feldstein (1985), we have assumed that the discount rates of the utility and future income of economic agents are multiplied by a myopia factor distributed uniformly over [0.1]. Within this framework, the creation of a pure pay-as-you-go system not only reduces growth but also inequalities within generations. In a period of stable growth, a funded system generally makes it possible to achieve the same fairness objectives while stimulating the growth rate. The article examines the possibility of switching from a pure pay-as-you-go system to pre-funding: the presence of myopic agents significantly raises the transition costs borne by the first generations. |
690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN) | |
Topical term or geographic name as entry element | growth |
690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN) | |
Topical term or geographic name as entry element | pensions |
690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN) | |
Topical term or geographic name as entry element | inequalities |
690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN) | |
Topical term or geographic name as entry element | interlaced generations |
690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN) | |
Topical term or geographic name as entry element | myopia |
700 10 - ADDED ENTRY--PERSONAL NAME | |
Personal name | Docquier, Frédéric |
Relator term | author |
700 10 - ADDED ENTRY--PERSONAL NAME | |
Personal name | Paddison, Oliver |
Relator term | author |
786 0# - DATA SOURCE ENTRY | |
Note | Economie & prévision | o 155 | 4 | 2002-10-01 | p. 31-44 | 0249-4744 |
856 41 - ELECTRONIC LOCATION AND ACCESS | |
Uniform Resource Identifier | <a href="https://shs.cairn.info/journal-economie-et-prevision-1-2002-4-page-31?lang=en">https://shs.cairn.info/journal-economie-et-prevision-1-2002-4-page-31?lang=en</a> |
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