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...

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Bibliographic Details
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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