The proposal involves the establishment of 'welfare accounts' for every person in a country. There are to be four accounts: a retirement account (covering pensions), an unemployment account (covering unemployment support), a human capital account (covering education and training), and a health...

A substantial amount of development programming assumes that women have preferences or aptitudes that are more conducive to economic development. For example, conditional cash transfer programmes commonly deliver funding to female household heads, and many microcredit schemes focus on women’s...

The book analyzes the German welfare state. It starts from a theoretical perspective and then develops changes in social security, public health care, and unemployment insurance.

The book compares funded and unfunded pension schemes. This is done within a simple overlapping generations framework.

The authors outline a public pension reform where contribution rates are reduced to zero over a very long horizon and in a Pareto-improving fashion.

The article reports research results on funded and unfunded pension schemes in an easily accessible form.

The paper evaluates the theoretical literature on public pension schemes. First, the terms pay-as-you-go and capital reserve are made precise. These two systems are then compared, followed by a consideration of their efficiency properties. Thereafter conversion policies are discussed.

This chapter discusses the nature of external capabilities and how they bear upon social policy. Alternative definitions of external capabilities are compared and a simplified version suggested. It is argued that the issues surrounding external capabilities can be resolved only if the capability...

Cultural capital is usually defined as set of social features that provide individuals with social mobility and the possibility of changing their hierarchical position in systems such as wealth, power, prestige, education, and health. Cultural capital thus affects the processes of social...

“Age of life” is one of the essential characteristics that differentiate people. Age perception is also associated with social justice. The concept of age is defined ambiguously. At the same time, the different age criteria also forms the basis of age differentiation and age discrimination....