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Funded social security and economic growth
Authors:Lars Kunze
Institution:
  • TU Dortmund University, Economics Department (Public Economics), 44227 Dortmund, Germany
  • Abstract:This paper investigates the relationship between economic growth and a fully funded social security system in an overlapping generations model with family altruism. It is shown that funded social security may harm growth if there are operative bequests within the family.
    Keywords:D9  H3  I2  O4
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