Growth effects of an unfunded social security system when there is altruism and human capital

被引：21

作者：

Sánchez-Losada, F

机构：

[1] Univ Barcelona, Dept Teor Econ, Barcelona 08034, Spain

[2] CREB, Barcelona 08034, Spain

来源：

ECONOMICS LETTERS | 2000年 / 69卷 / 01期

关键词：

altruism; growth; social security;

D O I：

10.1016/S0165-1765(00)00275-5

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

We investigate the relationship between growth and an unfunded social security system in an overlapping generations model with joy-of-giving altruism where endogenous growth is driven by the accumulation of human capital. We show that an unfunded social security system financed with a tax on labor income can increase growth. (C) 2000 Elsevier Science S.A. All rights reserved.

引用

页码：95 / 99

页数：5

共 6 条

[1] ARE GOVERNMENT BONDS NET WEALTH [J].