Working Paper
Altruism, borrowing constraints, and social security
Abstract: An examination of how intergenerational altruism and borrowing constraints shape the interest rate, savings, and welfare response to funded and unfunded Social Security programs.
Keywords: Interest rates; Social security; Saving and investment; Altruism;
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Bibliographic Information
Provider: Federal Reserve Bank of Cleveland
Part of Series: Working Papers (Old Series)
Publication Date: 1989
Number: 8918