Cipriani, Giam Pietro; Fioroni, Tamara - In: Human capital and economic growth : the impact of …, (pp. 209-249). 2019
We present a model of endogenous aging with public expenditure on health and pensions financed by an income tax. We show that government policies on health and pensions might lift an economy from a low to a high income steady state. In particular, the impact of an increase in the income tax is...
