𝔖 Bobbio Scriptorium
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Population growth and social security financing

✍ Scribed by Shuanglin Lin; Xiaowen Tian


Publisher
Springer
Year
2003
Tongue
English
Weight
188 KB
Volume
16
Category
Article
ISSN
0933-1433

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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