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Inequality and the Size of US State Government -- Inequality and Government Size: A Political Economy Theory and OECD Evidence -- Inequality and Government Debt -- Population Aging and the Composition of Taxes: A Political Economy Theory -- Population Aging and the Composition of Taxes: Evidence...
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Changes in the population age structure can have a significant effect on fiscal sustainability since they can affect both government revenues and expenditures. For example, population aging will increase expenditures on the elderly while reducing potential growth and hence revenues. In this...
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The Croatian system of old-age provision comprises a traditional public pay-as-you-go scheme and a mandatory funded scheme ("second pillar") that will provide increasing amounts of supplementary pensions to those entering retirement in the future. Due to the continuing economic crisis, the...
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