Miyazawa, Kazutoshi - In: FinanzArchiv: Public Finance Analysis 60 (2004) 1, pp. 42-42
It has been believed that a social security system (SSS) is harmful to economic growth. However, it has been recognized recently that a SSS can encourage economic growth if the engine of the growth is human-capital accumulation. This paper uses an analytical model à la Uzawa/Lucas to examine...