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Gerontocracy, retirement, and social security

Mulligan, Casey B.; Sala-i-Martin, Xavier - Department of Economics and Business, Universitat … - 1999

programs with retirement incentives are larger and that the old are more "single-minded" in their politics, implications which …

Persistent link: https://www.econbiz.de/10005772206

Social security in theory and practice (II): Efficiency theories, narrative theories and implications for reform

Mulligan, Casey B.; Sala-i-Martin, Xavier - Department of Economics and Business, Universitat … - 1999

of social security include the "SS as welfare for the elderly" the "retirement increases productivity to optimally manage … human capital externalities", "optimal retirement insurance", the "prodigal father problem", the "misguided Keynesian", the …

Persistent link: https://www.econbiz.de/10005772277

Social security in theory and practice (I): Facts and political theories

Mulligan, Casey B.; Sala-i-Martin, Xavier - Department of Economics and Business, Universitat … - 1999

166 countries have some kind of public old age pension. What economic forces create and sustain old age Social Security as a public program? We document some of the internationally and historically common features of Social Security programs including explicit and implicit taxes on labor supply,...

Persistent link: https://www.econbiz.de/10005772283

Social security, retirement, and the single-mindedness of the electorate

Mulligan, Casey B.; Sala-i-Martín, Xavier - Department of Economics and Business, Universitat … - 2003

world: (1) they redistribute income from young to old and (2) they induce retirement. We construct a voting model that … transfers from the government (paid by the young) and distortionary labor income taxes induce the retirement of the elderly. In …

Persistent link: https://www.econbiz.de/10005704930