Decision Making on Pension Schemes Under Rational Expectations

In this paper the formation of expectations during decision making processes on pension schemes is the main focus. An overlapping generations model is used where politicians control the tax-transfer system and the young determine savings. No generation of decision makers is committed to previous dec...

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Veröffentlicht in:Journal of economics (Vienna, Austria) Austria), 1992-01, Vol.56 (1), p.71-97
Hauptverfasser: Verbon, Harrie A. A., Verhoeven, Marijn J. M.
Format: Artikel
Sprache:eng
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