Andersen, Torben M. - Directorate-General Economic and Financial Affairs, … - 2009
high labour force participation despite high tax rates and a generous social safety net.This paper considers the experience … some age groups is at the same or a higher level than the US. Second, it is argued that even though the social safety net … margin lowers the marginal costs of public funds. The design of the social safety net is therefore important in accounting …