NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

On the Role of Social Security as a Means for Efficient Risk Sharing in an Economy Where Human Capital Is Not Tradable

Robert C. Merton

Chapter in NBER book Financial Aspects of the United States Pension System (1983), Zvi Bodie and John B. Shoven, editors (p. 325 - 358)
Published in 1983 by University of Chicago Press
© 1983 by the National Bureau of Economic Research

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