Can a growing welfare state induce a regime switch in the growth rate of an economy? This paper constructs a dynamic political economy model of economic growth and the welfare state in which both variables are non-linearly related and jointly endogenous. Using a Markov switching framework over...

Since the War on Poverty began in 1964, the American welfare state has undergone a drastic expansion. That year, national defense spending accounted for 46 percent of all federal outlays, while entitlements consumed 29 percent. In 2020, the entitlement share is predicted to be 66 percent while...

Diese Neuauflage enthält neue empirische Befunde und aktualisiert die Darstellung zentraler sozialpolitischer Institutionen Deutschlands unter Berücksichtigung der weitgehenden Reformen der letzten Jahre.(Verlagstext)