Preface -- The welfare state in the twenty-first century / Joseph E. Stiglitz -- Adapting labor and social protection systems to twenty-first-century capitalism / Sandra Polaski -- The welfare state in the twenty-first century : latest trends in social protection / Isabel Ortiz -- Supporting...

Die Zunahme des internationalen Handels und der internationalen Kapitalbewegungen wird oft für einen Abbau sozialstaatlicher Umverteilung verantwortlich gemacht. In dieser Arbeit wird die Frage untersucht, ob die wachsende Internationalisierung der Wirtschaft zu einer Einschränkung der...

Redistribution across individuals in a one-year-period framework is an empirically intensely studied question. However, a substantial share of annual redistribution might turn out to serve individual insurance in a longer perspective. In particular, public pensions, that smooth incomes over the...

The primary purpose of the paper is to capture in a growth model the conflict of interests between the generation of the young and entrepreneurial on the one hand and the generation of the old and pensioners on the other. The model is applied to assess the size of the gap between optimal...

The welfare state has been developed first and in its largest extent in North-Western Europe, in Germany, Great Britain, the Netherlands, and Sweden. It is also in these countries where the crisis and financial problems of the welfare state are felt first. The need for restructuring the welfare...