search query: @author Poutvaara, P. / total: 9
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| Author: | Köthenbürger, M. Poutvaara, P. |
| Title: | Social security reform and investment in education: is there scope for a Pareto improvement? |
| Journal: | Economica
2006 : MAY, VOL. 73:290, p. 299-319 |
| Index terms: | education human capital reforms social security |
| Freeterms: | Pareto improvement |
| Language: | eng |
| Abstract: | This article proposes a Pareto-improving policy which reduces the overall wage tax burden in an economy with intergenerational trade in a fixed factor of production, here labelled as land. It analyses a second-best environment in which the government cannot resort to non-distortionary land taxes. It also explains why the unfunded pension system may have lost its appeal even for pensioners after its introduction. |
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