Simonovits, András - In: Közgazdasági Szemle (Economic Review - monthly of the … L (2003) 10, pp. 835-854
size of the welfare state. To explain the puzzle, they assumed (i) that workers receive the same benefits as the elderly … and (ii) that workers have exogenous expectations of future tax rates and old-age benefits. The paper exposes a serious …. (2000), who analysed the connection between earnings-related benefits and optimal contribution rate, taking into account the …