This paper attempts to analyze the growth effects of social security expenditures in Germany from a time series perspective. Therefore, a regression model based on standard determinants of growth is specified and estimated as a vector error correction model. Results show that there is a...

The welfare state has long been under debate. Besides various theoretical discussions, it has often been empirically investigated regarding its effects on inequality and economic growth. With the advent of the scientific field of happiness research, scholars began to discuss the welfare state's...

In Germany, there is an ongoing debate about how to increase the efficiency of the social security system and especially its financing. The aim of this paper is to simulate different financing systems for Germany. The introduction of a Liberal British or the Southern Greek financing system...