The paper shows the effect of demographic change on per capita burden of financing a PAYG social security system in the standard OLG model with frictional labor markets. Rising longevity and decreasing fertility both induce a rise in the employment level via increased capital accumulation and...

The European Commission awarded a contract in November 2005 to a consortium composed of the TARKI Social Research Institute (Hungary), CASE, Center for Social and Economic Research (Poland) and CEPS to analyse the socio-economic developments and the process of structural reforms in what were...

The empirical literature on social protection is quite limited. Few studies have examined the determinants of social protection either at the regional or country level. Hong (2014) and Beblavy (2009) examine three East Asian countries and 27 EU states, respectively, while Sepalika et al. (2014)...

The large increase in economic inequality and the dismantling of the welfare state in Western democracies has been connected to the rise of populist parties. If populist voting is explained by fear and labor market insecurity and if people care more about procedural fairness than inequality of...

The European Commission awarded a contract in November 2005 to a consortium composed of t TARKI (Social Research Institute in Hungary), CASE (Center for Social and Economic Research in Poland) and CEPS to analyze the socio-economic developments and the process of structural reforms in what were...