Funded social security and economic growth

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.

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Year of publication:	2012
Authors:	Kunze, Lars
Published in:	Economics Letters. - Elsevier, ISSN 0165-1765. - Vol. 115.2012, 2, p. 180-183
Publisher:	Elsevier
Subject:	Funded social security \| Growth \| Family altruism

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Type of publication:	Article
Classification:	D9 - Intertemporal Choice and Growth ; H3 - Fiscal Policies and Behavior of Economic Agents ; I2 - Education ; O4 - Economic Growth and Aggregate Productivity
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010572252