Nonseparable Preferences and Optimal Social Security Systems

Borys Grochulski, Narayana Kocherlakota

NBER Working Paper No. 13362
Issued in September 2007

---- Acknowledgements -----

Kocherlakota acknowledges the support of NSF 06-06695. We thank Adam Slawski and Hakki Yazici for their comments. The views expressed in this paper are those of the authors and not necessarily those of the Federal Reserve Banks of Minneapolis and Richmond, or the Federal Reserve System, or the National Bureau of Economic Research.

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