The Aging Population and the Size of the Welfare State.

This paper develops an overlapping generations model of Social Security and human capital formation in which - somewhat against the conventional wisdom - an increase in the dependency ratio can lead to a reduced tax burden or less generous social transfers. A higher dependency ratio resulting from the aging of the population therefore reduces the extent of redistribution.

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Year of publication:	2000
Authors:	Razin, A. ; Sadka, E. ; Swagel, P.
Institutions:	Foerder Institute for Economic Research, Eitan Berglas School of Economics
Subject:	SOCIAL SECURITY \| INCOME TAX \| LABOUR

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Series:	Tel Aviv.
Type of publication:	Book / Working Paper
Notes:	23 pages
Classification:	H2 - Taxation, Subsidies, and Revenue ; N3 - Labor and Consumers, Demography, Education, Income and Wealth
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005647251