𝔖 Bobbio Scriptorium
✦   LIBER   ✦

A Positive Theory of Social Security

✍ Scribed by Guido Tabellini


Book ID
108535520
Publisher
John Wiley and Sons
Year
2000
Tongue
English
Weight
202 KB
Volume
102
Category
Article
ISSN
0347-0520

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"This paper explains public provision of social capital in an overlapping generations model with 'gerontocracy', without resort to any bequest motive. The old generation has an incentive to provide education and infrastructure because these goods shift the Laffer curve of social security taxation, t