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During the next decades the populations of most developed countries will grow older as a result of the low level of birth rates since the 1970s and/or the continuously increasing life expectancy. We show within a Generational Accounting framework how unsustainable the public finances of France,...
Persistent link: https://www.econbiz.de/10003202890
In this paper, we compare the total size of intertemporal public liabilities (IPLs) of several European countries and the United States. We utilize the machinery of generational accounting in order to calculate the composition of the countries IPLs, that is the sum of the explicit and implicit...
Persistent link: https://www.econbiz.de/10009781507
. In US election survey data, we find that income is more important in affecting voting behavior for more informed voters … strong correlation between income and political information, Congress representatives vote more conservatively, which is also … in line with our theory. -- redistribution ; welfare spending ; information ; income ; voting ; political economics …
Persistent link: https://www.econbiz.de/10009314546
transmission include income effects, and a series of policy recommendations are formulated. …
Persistent link: https://www.econbiz.de/10015052554
-being on health use identification strategies involving income increases; these studies as well as prior research on stock …
Persistent link: https://www.econbiz.de/10009748354