Social Security, Unemployment, and Growth

The paper develops an overlapping generations model that highlights interactions between social security, unemployment and growth. The social security system has two components: old age pensions and unemployment insurance. Pensions have a direct effect on economic growth. Both pensions and unemployment benefits influence equilibrium unemployment caused by wage bargaining. Since unemployment impairs growth, both types of social security have an indirect, negative effect on growth

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Year of publication:	2004
Authors:	Bräuninger, Michael
Publisher:	[S.l.] : SSRN
Subject:	Gesetzliche Rentenversicherung \| Public pension system \| Endogenes Wachstumsmodell \| Endogenous growth model \| Theorie der Arbeitslosigkeit \| Unemployment theory \| Arbeitslosenversicherung \| Unemployment insurance \| Sozialstaat \| Welfare state \| Arbeitslosigkeit \| Unemployment \| Soziale Sicherheit \| Social security \| Verhandlungstheorie des Lohnes \| Collective bargaining theory

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Extent:	1 Online-Ressource (20 p)
Type of publication:	Book / Working Paper
Language:	English
Notes:	Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments 2004 erstellt
Other identifiers:	10.2139/ssrn.516243 [DOI]
Classification:	E24 - Employment; Unemployment; Wages ; H55 - Social Security and Public Pensions ; J51 - Trade Unions: Objectives Structure, and Effects ; J64 - Unemployment: Models, Duration, Incidence, and Job Search ; J65 - Unemployment Insurance; Severance Pay; Plant Closings
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10014072758