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Intergenerational Risk Sharing by Means of Pay-as-You-Go Programs - an Investigation of Alternative Mechanisms
16 references·5 citing·44 second hop
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References

  • 1982Trends and random walks in macroeconmic time series4,670 cited
  • 2000Investing for the Long Run when Returns Are Predictable1,372 cited
  • 1988How Big Is the Random Walk in GNP?1,270 cited
  • 2013Phases of capitalist development887 cited
  • 2000Stock Market Wealth and Consumption702 cited
  • 1989Assessing Dynamic Efficiency: Theory and Evidence671 cited
  • 2002Triumph of the Optimists659 cited
  • 2003Triumph of the optimists: 101 years of global investment returns585 cited
  • 1995The International Diversification Puzzle is Worse Than You Think561 cited
  • 2009Global Financial Transmission of Monetary Policy Shocks*313 cited
  • 1988Intergenerational risk sharing276 cited
  • 1990Unit roots in real GNP: Do we know, and do we care?265 cited
  • 1996Wages, profits and the international portfolio puzzle182 cited
  • 1999The risk-sharing implications of alternative social security arrangements159 cited
  • 1981On the Role of Social Security as a Means for Efficient Risk-Bearing in an Economy Where Human Capital Is Not Tradeable150 cited
  • 2007Intergenerational Risk Sharing in the Spirit of Arrow, Debreu, and Rawls, with Applications to Social Security Design

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134 cited

Cited by

  • 2009TWO‐SIDED MARKETS WITH PECUNIARY AND PARTICIPATION EXTERNALITIES*51 cited
  • 2006A Simple Explanation for the Unfavorable Tax Treatment of Investment Costs44 cited
  • 2006United States current account deficits: A stochastic optimal control analysis138 cited
  • 2006Bank Behavior and the Cost Channel of Monetary Transmission24 cited
  • 2006How Reasonable is the 'Reasonable' Royalty Rate? Damage Rules and Probabilistic Intellectual Property Rights9 cited