Razin, Asaf; Schwemmer, Alexander H. - In: Journal of government and economics : JGE 5 (2022), pp. 1-12
It has been widely recognized that population ageing could generate structural changes centered around a dwindling labor force, on one hand, and an expanding dependency on the generosity of the welfare state, on the other hand. Welfare state policy related to population ageing entails both...