search query: @author Razin, A. / total: 20
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| Author: | Razin, A. Sadka, E. Swagel, P. |
| Title: | The aging population and the size of the welfare state |
| Journal: | Journal of Political Economy
2002 : AUG, VOL. 110:4, p. 900-918 |
| Index terms: | Welfare economics Political economy |
| Freeterms: | Social transfer |
| Language: | eng |
| Abstract: | The authors develop an overlapping generations model of intra- and intergenerational transfers (including old-age social security) and human capital formation taht addresses this seeming puzzle. They show that with democratic voting, an increase in the dependency ratio can lead to lower taxes or less generous social transfers. |
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