819 resultados para social security system
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A model of overlapping generations in continuous time is composed. IndividuaIs pass through two distinct time periods during their life times. During the first period, they work, save and have a death probability equal to zero. During the second, from the periods T after birth, their probability of death changes to p and then they retire. Capital stock and the stationary state in come are calculated for two situations: in the first, people live from their accumulated capital after retirementj in the second, they live from a state transfer payment through income taxo To simplify matters, in this preliminary version, it is supposed that there is no population growth and that the instantaneous elasticity substitution of consumption is unitary.
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Considers legislation to extend and improve the Old-Age and Survivors Insurance system, and to add disability protection. Includes H. Rpt. 80-2168, "Social Security Act Amendments, 1948," on H.R. 6777, June 2, 1948 (p. 1096-1158), pt.2.
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Includes bibliography.
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Cover title.
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Mode of access: Internet.
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Pt. 1. has special subtitle: Testimony and recommendations by the Social Security Administration.