Halla, Martin; Lackner, Mario; Schneider, Friedrich G. - In: Kyklos 63 (2010) 1, pp. 55-74
Does the supply of a welfare state create its own demand? Many economic scholars studying welfare arrangements refer to Say's law and insinuate a self-destructive welfare state. However, little is known about the empirical validity of these assumptions and hypotheses. We study the dynamic effect...