Browsing NHH Brage by Subject "persistence in income shocks"
Now showing items 1-3 of 3
-
Intergenerational risk sharing by means of pay-as-you-go : an investigation of alternative mechanisms
(Discussion paper, Working paper, 2006-06)A pay-as-you-go (paygo) pension program may provide intergenerational pooling of risks to individuals’ labor and capital income over the life cycle. By means of illuminating closed form solutions we demonstrate that the ... -
Intergenerational risk sharing by means of pay-as-you-go programs : an investigation of alternative mechanisms
(Discussion paper, Working paper, 2006-06)A pay-as-you-go (paygo) pension program may provide intergenerational pooling of risks to individuals’ labor and capital income over the life cycle. By means of illuminating closed form solutions we demonstrate that the ... -
Intergenerational risk sharing by means of pay-as-you-go programs : an investigation of alternative mechanisms
(Report, Research report, 2006-05)A pay-as-you-go (paygo) pension program may provide intergenerational pooling of risks to individuals’ labor and capital income over the life cycle. By means of illuminating closed form solutions we demonstrate that the ...