[Zhou, Kang; Li, Junyong; Gao, Quansheng] Wuhan Polytech Univ, Sch Math & Comp Sci, Wuhan 430023, Hubei, Peoples R China.
通讯机构：
[Li, Junyong] W
Wuhan Polytech Univ, Sch Math & Comp Sci, Wuhan 430023, Hubei, Peoples R China.
语种：
英文
关键词：
working while receiving a full pension;economic effects;welfare implications;OLG model
期刊：
Revista de Cercetare si Interventie Sociala
ISSN：
1583-3410
年：
2018
卷：
62
页码：
79-113
基金类别：
national social science foundation of China [13BGL113]
机构署名：
本校为第一且通讯机构
院系归属：
数学与计算机学院
摘要：
This paper investigates the economic consequences of working while receiving a full pension (WRFP). We find that WRFP has crowding out effect on savings of working period and crowding in effect on savings of WRFP period. We show that a unique non-trivial steady-state per capita capital stock of the dynamic system exists and increasing the length of WRFP period and social security contribution rate would increase the speed of capital accumulation reaching its optimal state. The effect of WRFP on welfare gains in the long run is ambiguous and is determined by the elasticity of capital in the two...
