Please use this identifier to cite or link to this item: http://dspace.mediu.edu.my:8181/xmlui/handle/10419/18733
Full metadata record
DC FieldValueLanguage
dc.creatorSimonovits, András-
dc.date2004-
dc.date.accessioned2013-10-16T07:01:03Z-
dc.date.available2013-10-16T07:01:03Z-
dc.date.issued2013-10-16-
dc.identifierhttp://hdl.handle.net/10419/18733-
dc.identifierppn:477488730-
dc.identifier.urihttp://koha.mediu.edu.my:8181/xmlui/handle/10419/18733-
dc.descriptionThe traditional approach to flexible retirement (e.g. NDC) neglects the impact of asymmetric information on actuarial fairness (neutrality). The mechanism design approach (e.g. Diamond, 2003) gives up the requirement of neutrality and looks for a redistributive second-best benefit-retirement-age schedule. Trying to combine the two approaches, the present paper determines the neutral (redistribution-free) second-best solution. This neutral solution is, however, often Pareto-dominated by the redistributive one.-
dc.languageeng-
dc.publisher-
dc.relationCESifo working papers 1370-
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
dc.subjectD82-
dc.subjectH55-
dc.subjectD91-
dc.subjectddc:330-
dc.subjectflexible retirement-
dc.subjectasymmetric information-
dc.subjectactuarial fairness (neutrality)-
dc.subjectmechanism design-
dc.subjectFlexible Altersgrenze-
dc.subjectVersicherungstechnik-
dc.subjectAsymmetrische Information-
dc.subjectSoziale Wohlfahrtsfunktion-
dc.subjectSecond Best-
dc.subjectTheorie-
dc.titleDesigning benefit rules for flexible retirement with or without redistribution-
dc.typedoc-type:workingPaper-
Appears in Collections:EconStor

Files in This Item:
There are no files associated with this item.


Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.