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Prodigality and myopia: two rationales for social security

Pestieau, Pierre; Possen, Uri M. - In: The Manchester School 76 (2008) 6, pp. 629-652

Persistent link: https://www.econbiz.de/10003771154

Efficient subsidization of human capital accumulation with overlapping generations and endogenous growth

Richter, Wolfram F.; Braun, Christoph - 2009

Persistent link: https://www.econbiz.de/10003879074

Prodigality and Myopia : two rationales for social security

Pestieau, Pierre (contributor); Possen, Uri M. (contributor) - 2006

Persistent link: https://www.econbiz.de/10003375891

Efficient subsidization of human capital accumulation with overlapping generations and endogenous growth

Richter, Wolfram F.; Braun, Christoph - 2010 - This version: February 2010

Persistent link: https://www.econbiz.de/10008907351

Prodigality and myopia : two rationales for social security

Pestieau, Pierre; Possen, Uri M. - 2008

Persistent link: https://www.econbiz.de/10003702699

Efficient subsidization of human capital accumulation with overlapping generations and endogenous growth

Richter, Wolfram F.; Braun, Christoph - 2009

This paper studies second-best policies in an OLG model in which endogenous growth results from human capital accumulation. When young, individuals decide on education, saving, and nonqualified labour. When old, individuals supply qualified labour. Growth equilibria are inefficient in...