Social Security Reform and Investment in Education
Is There Scope for a Pareto Improvement
Dados Bibliográficos
| ID | 9727818 |
|---|---|
| Autores | MARKO KÖTHENBÜRGER (Ifo Institute for Economic Research), Panu Poutvaara (0000-0003-2070-784X, University of Helsinki) |
| Ano | 2006 |
| Volume | 73 |
| Fascículo | 290 |
| Páginas | 299-319 |
| Data de publicação | 2006-05-01 |
| Peer Reviewed | Sim |
| Open Access | Sim |
| Tipo | ARTICLE |
| Periódico | Economica (JOURNAL) |
| Identificadores do periódico | ISSN: 0013-0427 • E-ISSN: 1468-0335 |
| Editora | Wiley (PUBLISHER • GB) |
| DOI | 10.1111/j.1468-0335.2006.00512.x |
| OpenAlex | W1560244470 |
| Idioma | EN |
| Citações recebidas | 2 |
| Referências citadas | 20 |
We propose a Pareto‐improving policy which reduces the overall wage tax burden in an economy with intergenerational trade in a fixed factor of production, here labelled as land. We analyse a second‐best environment in which the government cannot resort to non‐distortionary land taxes. Reducing the social security contribution rate encourages investment in human capital. Future efficiency gains accruing to complementary land are capitalized in its value. The capital gains may compensate land‐owning pensioners for reduced benefits. We also explain why the unfunded pension system may have lost its appeal even for pensioners after its introduction
Capital (architecture) · Economics · Government (linguistics) · Human capital · Investment (military) · Labour economics · Market economy · Microeconomics · Pareto principle · Pension · Politics · Production (economics) · Public economics · Scope (computer science) · Social security · Wage · Economic Policies and Impacts · Finance · Financial Literacy, Pension, Retirement Analysis · Fiscal Policy and Economic Growth
| Obras citantes distintas | 2 |
|---|---|
| Citações por ano | 0,11 |
| Intervalo de citações | 2007 - 2013 (7) |
| Velocidade de citação | historical |
| Altamente citado | Não |
| Tipos de citação | Neutras: 2 |