| 000 | 01477cam a2200241 4500500 | ||
|---|---|---|---|
| 005 | 20250112031734.0 | ||
| 041 | _afre | ||
| 042 | _adc | ||
| 100 | 1 | 0 |
_aBouzahzah, Mohamed _eauthor |
| 700 | 1 | 0 |
_a Docquier, Frédéric _eauthor |
| 700 | 1 | 0 |
_a Paddison, Oliver _eauthor |
| 245 | 0 | 0 | _aPensions, Growth, and Inequalities in the Presence of Myopic Individuals |
| 260 | _c2002. | ||
| 500 | _a69 | ||
| 520 | _aThis 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 | _agrowth | ||
| 690 | _apensions | ||
| 690 | _ainequalities | ||
| 690 | _ainterlaced generations | ||
| 690 | _amyopia | ||
| 786 | 0 | _nEconomie & prévision | o 155 | 4 | 2002-10-01 | p. 31-44 | 0249-4744 | |
| 856 | 4 | 1 | _uhttps://shs.cairn.info/journal-economie-et-prevision-1-2002-4-page-31?lang=en |
| 999 |
_c156730 _d156730 |
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