Funded social security and economic growth
Lars Kunze
Economics Letters, 2012, vol. 115, issue 2, 180-183
Abstract:
This paper investigates the relationship between economic growth and a fully funded social security system in an overlapping generations model with family altruism. It is shown that funded social security may harm growth if there are operative bequests within the family.
Keywords: Funded social security; Growth; Family altruism (search for similar items in EconPapers)
JEL-codes: D9 H3 I2 O4 (search for similar items in EconPapers)
Date: 2012
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Citations: View citations in EconPapers (8)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:115:y:2012:i:2:p:180-183
DOI: 10.1016/j.econlet.2011.11.032
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