The Effects of Social Security on Private Saving

The purpose of this paper is to re-estimate the impact of Social Security on aggregate private saving behavior by using new time series data for the period 1947 through 1993. The analysis is based on the life-cycle hypothesis developed by Modigliani and Ando. Feldstein's extended life-cycle mod...

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Bibliographic Details
Main Author: Lu, Zhenghong
Format: Others
Published: TopSCHOLAR® 1995
Subjects:
Online Access:http://digitalcommons.wku.edu/theses/991
http://digitalcommons.wku.edu/cgi/viewcontent.cgi?article=1994&context=theses