Productivity Growth and the Political Economy of Social Security

被引:0
作者
Berthold U. Wigger
机构
[1] University of Mannheim,Department of Economics
来源
Public Choice | 2001年 / 106卷
关键词
Population Aging; Social Security; Political Economy; Public Finance; Productivity Growth;
D O I
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中图分类号
学科分类号
摘要
The present paper provides an analysis of unfunded social securityas the outcome of a public decision making process in an endogenousgrowth economy. It employs a model in which there is a non-monotonic relationship beween productivity growth and the scale ofpublic intergenerational redistribution. The paper shows thatalthough unfunded social security need not harm growth in general,it is likely to harm growth in a democracy. This effect isreinforced by population aging.
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页码:53 / 76
页数:23
相关论文
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