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| Author: | Aronsson, T. Blomquist, S. Micheletto, L. |
| Title: | Where should the elderly live and who should pay for their care? |
| Journal: | Scandinavian Journal of Economics
2010 : VOL. 112:2, p. 289-314 |
| Index terms: | congestion housing old people pensions population social security |
| Language: | eng |
| Abstract: | This study considers a model with a population consisting of earners and retired persons; elderly care is publicly provided. There is one big city, where congestion effects and agglomeration forces are at work, and a number of small villages. It is shown how the externalities related to population mobility lead to an inefficient spatial distribution of earners and retirees, and the second-best solution is characterized. |
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