Federal Reserve Bank of Cleveland
Working Papers (Old Series)
Altruism, borrowing constraints, and social security
An examination of how intergenerational altruism and borrowing constraints shape the interest rate, savings, and welfare response to funded and unfunded Social Security programs.
Cite this item
David E. Altig & Steven J. Davis, Altruism, borrowing constraints, and social security, Federal Reserve Bank of Cleveland, Working Papers (Old Series) 8918, 1989.
Keywords: Interest rates ; Social security ; Saving and investment ; Altruism
This item with handle RePEc:fip:fedcwp:8918
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