Age-Dependent Risk Aversion: Re-evaluating Fiscal Policy Impacts of Population Aging
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More about this item
Keywords
Overlapping generations model; Fiscal sustainability; Demographic changes; Increasing risk aversion; Non-expected utility;All these keywords.
JEL classification:
- D15 - Microeconomics - - Household Behavior - - - Intertemporal Household Choice; Life Cycle Models and Saving
- D81 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Criteria for Decision-Making under Risk and Uncertainty
- E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy; Modern Monetary Theory
- J11 - Labor and Demographic Economics - - Demographic Economics - - - Demographic Trends, Macroeconomic Effects, and Forecasts
NEP fields
This paper has been announced in the following NEP Reports:- NEP-AGE-2023-02-27 (Economics of Ageing)
- NEP-DGE-2023-02-27 (Dynamic General Equilibrium)
- NEP-LAB-2023-02-27 (Labour Economics)
- NEP-PUB-2023-02-27 (Public Finance)
- NEP-UPT-2023-02-27 (Utility Models and Prospect Theory)
Statistics
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