Pensionomics puts forward a portfolio perspective on the combination of funded and unfunded pension arrangements. In a second-best type argument it is formally shown that a Pay-As-You-Go pension system can substitute the tradability of human capital. While this ideal form of diversification can...

This volume analyzes intergenerational solidarity from diverse interdisciplinary angles within the social sciences. It provides analytical tools to advance research and documents how societies are adjusting to major changes that affect the core of the social fabric

Mareike Schad examines how redistributive policy measures influence intergenerational income mobility, taking into account various facets of the parent-child connection. In the first part, the author investigates the impact of education and education policy on income mobility both theoretically...

Discusses whether the Basic Income Guarantee could offer an alternative to both laissez-faire and existing welfare systems in developed countries - often criticized by both advocates and critics of laissez-faire - thus opening a constructive dialog in policy discussion.

Overview -- Inequality, Poverty, and Welfare: Social Welfare and Income Distributions -- Inequality and Poverty Indexes -- Welfare and Efficiency: Inequality, Efficiency, and the Production Sphere -- Efficiency and Welfare -- Information Incentives and Performance -- Summary Example and...