This paper analyzes the welfare implications of children’s enfranchisement within a political economy framework that … equilibrium under Markov strategies and compare welfare across various suffrage schemes and demographic groups. The franchise that … maximizes welfare across demographic groups depends on the fertility rate in the economy. Policies chosen when all demographic …

We study the intergenerational transmission of welfare benefit receipt in Germany. We first describe the correlation … between welfare receipt experienced in the parental household and subsequent own welfare receipt of young adults. In a second … step, we investigate whether the observed correlations reflect causal effects of past welfare experience. We use family …

sustainable. In this paper, we investigate the welfare effects of giving a larger role to private insurance markets in the face of … welfare calculations. We find that observed willingness-to-pay of many individuals is low, such that providing DI partly via a … private insurance market with choice improves welfare. However, we show that distributional concerns as well as individual …

Lone mothers are overrepresented among poor people in many European countries. In 1998, in Norway, a welfare reform … earnings and welfare participation decisions, and use the behavioural estimates to derive the policy parameters which would …