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Tekijä:Köthenbürger, M.
Poutvaara, P.
Otsikko:Social security reform and investment in education: is there scope for a Pareto improvement?
Lehti:Economica
2006 : MAY, VOL. 73:290, p. 299-319
Asiasana:education
human capital
reforms
social security
Vapaa asiasana:Pareto improvement
Kieli:eng
Tiivistelmä: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.
SCIMA tietueen numero: 265149
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