Eine Plattform für die Wissenschaft: Bauingenieurwesen, Architektur und Urbanistik
Social security reform and the support for public education
Abstract Old age pensions and public education account for a large share of public budgets. We link both programs through a tax-transfer system that is also sensitive to labor market distortions. We analyze the impact that alternative pension reforms have, through the political process, on publicly financed education. We explain how changes in the pension system design affect the link between the two programs and also labor market incentives. These effects, if they exist, act in opposite directions. Overall, we find that most proposals that entail a partial privatization of pensions reduce the willingness of the society to fund public education.
Social security reform and the support for public education
Abstract Old age pensions and public education account for a large share of public budgets. We link both programs through a tax-transfer system that is also sensitive to labor market distortions. We analyze the impact that alternative pension reforms have, through the political process, on publicly financed education. We explain how changes in the pension system design affect the link between the two programs and also labor market incentives. These effects, if they exist, act in opposite directions. Overall, we find that most proposals that entail a partial privatization of pensions reduce the willingness of the society to fund public education.
Social security reform and the support for public education
Iturbe-Ormaetxe, Iñigo (Autor:in) / Valera, Guadalupe (Autor:in)
2010
Aufsatz (Zeitschrift)
Elektronische Ressource
Englisch
RVK:
ELIB39
/
ELIB45
Lokalklassifikation FBW:
oek 2608
BKL:
74.80
Demographie
/
83.31$jWirtschaftswachstum
/
74.80$jDemographie$XGeographie
/
83.31
Wirtschaftswachstum
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