The intergenerational welfare state
"The welfare state is not merely a stand-in for missing markets; it can do a whole lot more. When generations overlap and the young must borrow to make educational investments, a dynamically-efficient welfare state, by taxing the middle-aged and offering a compensatory old-age pension, can gene...
Main Authors: | Andersen, Torben, Bhattacharya, Joydeep |
---|---|
Institution: | ETUI-European Trade Union Institute |
Format: | TEXT |
Language: | English |
Published: |
Munich
2013
CESifo |
Subjects: | |
Online Access: | https://www.labourline.org/KENTIKA-19124372124919425549-The-intergenerational-welfare-.htm |
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