haku: @author Poutvaara, P. / yhteensä: 9
viite: 8 / 9
| 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. |
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