Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/19242
Authors: 
Bräuninger, Michael
Year of Publication: 
2004
Series/Report no.: 
HWWA Discussion Paper 266
Abstract: 
The paper develops an overlapping generations model that highlights interactions between social security, unemployment and growth. The social security system has two components: old age pensions and unemployment insurance. Pensions have a direct effect on economic growth. Both pensions and unemployment benefits influence equilibrium unemployment caused by wage bargaining. Since unemployment impairs growth, both types of social security have an indirect, negative effect on growth.
Subjects: 
unemployment benefit
pensions
wage bargaining
endogenous growth
JEL: 
J51
E24
J64
H55
J65
Document Type: 
Working Paper

Files in This Item:
File
Size
154.47 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.