Overlapping Generations (OLG) Models of Old Age Security
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Transcript of Overlapping Generations (OLG) Models of Old Age Security
![Page 1: Overlapping Generations (OLG) Models of Old Age Security](https://reader036.fdocuments.in/reader036/viewer/2022082817/56812acd550346895d8ea831/html5/thumbnails/1.jpg)
Overlapping Generations (OLG) Overlapping Generations (OLG) Models of Old Age SecurityModels of Old Age Security
Fall 2012Fall 2012
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Family Based Old-Age SecurityFamily Based Old-Age Security
![Page 3: Overlapping Generations (OLG) Models of Old Age Security](https://reader036.fdocuments.in/reader036/viewer/2022082817/56812acd550346895d8ea831/html5/thumbnails/3.jpg)
Family Based Old-Age SecurityFamily Based Old-Age Security
Pure Transfer EconomyPure Transfer Economy
No SavingNo Saving
No Rate of ReturnNo Rate of Return
![Page 4: Overlapping Generations (OLG) Models of Old Age Security](https://reader036.fdocuments.in/reader036/viewer/2022082817/56812acd550346895d8ea831/html5/thumbnails/4.jpg)
Pay as You Go (PAYGO) Social Pay as You Go (PAYGO) Social Security SystemSecurity System
![Page 5: Overlapping Generations (OLG) Models of Old Age Security](https://reader036.fdocuments.in/reader036/viewer/2022082817/56812acd550346895d8ea831/html5/thumbnails/5.jpg)
Pay as You Go (PAYGO) Social Pay as You Go (PAYGO) Social Security SystemSecurity System
Pure Transfer EconomyPure Transfer Economy
No SavingNo Saving
No Rate of ReturnNo Rate of Return
![Page 6: Overlapping Generations (OLG) Models of Old Age Security](https://reader036.fdocuments.in/reader036/viewer/2022082817/56812acd550346895d8ea831/html5/thumbnails/6.jpg)
Transition to Privatized SystemTransition to Privatized System
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Transition to Privatized SystemTransition to Privatized System
Investment plus Transfer EconomyInvestment plus Transfer Economy
Double burden during the transitionDouble burden during the transition
Net saving during the transitionNet saving during the transition
No double burden after the transitionNo double burden after the transition
No net saving after the transition.No net saving after the transition.
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Thank YouThank You