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Endogenous Social Security Financial Crises [PDF]
, 2003 This paper addresses the causes and dynamics of pay-as-you-go social security financial crises. Its main hypothesis is there exists a self-reinforcing vicious circle between the social security system, the fertility rate and labor supply. We argue that changes in the pay-as-you-go social security tax rate may induce a subsequent demographic transition ...
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Social Security and Migration with Endogenous Skill Composition
2003The paper investigates the impact of international migration on public pay-as-you-go pension systems. It first develops a theoretical framework to analyse the effects of migration on the labour market. The model allows for heterogeneity across individuals and for migration to affect both the wages and the educational choice in the recipient country. It
Alessandra Casarico, Carlo Devillanova
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Sustainability of social security in a model of endogenous fertility [PDF]
, 2009 Social security tends to be unsustainable in nature in that it reduces individuals' demand for children as a measure to support their old age, which in turn undermines the financial base of social security. Using a simple overlapping-generations model with endogenous fertility and income transfer from children to parents, we discuss the maximum size of
Oshio, Takashi, Yasuoka, Masaya
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Criminals Can Be Leaders: An Endogenous Timing Approach to Security Games
International Game Theory ReviewSecurity Games traditionally assume sequential interactions, with the defender acting as the leader and the attacker as the follower. In this paper, we challenge such an assumption by showing that security interactions can also be simultaneous or that even the attacker might be the leader.
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SUSTAINABLE PLANS OF SOCIAL SECURITY WITH ENDOGENOUS FERTILITY
Oxford Economic Papers, 1995Nishimura, Kazuo, Zhang, Junsen
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Social Security, Child Allowances, and Endogenous Fertility [PDF]
, 2003 Based on a simple overlapping generations model with endogenous fertility, we show that the effectiveness of social security reform and childcare support depends much on the openness of the economy, altruism, and initial fertility. For example, introducing a child allowance, which is often expected to mitigate demographic pressures, might be ...
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Discussion on a new paradigm of endogenous security towards 6G networks
Frontiers of Information Technology and Electronic Engineering, 2022Yajun Chen +2 more
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Endogenous Intermediation in Security Lending Networks
SSRN Electronic Journal, 2022openaire +1 more source