Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/223395
Authors: 
Paiva, Luis Henrique
Varella, Santiago Falluh
Year of Publication: 
2019
Series/Report no.: 
Working Paper No. 183
Abstract: 
What are the possible impacts of social protection benefits on economic growth? Although the main objective of these benefits is to protect people from poverty, shocks and social risks - and not promote economic growth - this question pervades both the theoretical and the empirical literature on social policy. The main concern is that social protection could have negative effects on certain behaviours associated with economic growth. They could, for instance, negatively affect savings, labour supply and fertility, all potentially relevant factors to induce short- and long-term economic growth. However, they could also lift liquidity constraints that prevent people from investing more in children's education, starting a new business or migrating to a place where there are more opportunities in the labour market. [...]
Subjects: 
Impacts
social protection
benefits
behaviours
economic growth
literature
review
Document Type: 
Working Paper

Files in This Item:
File
Size
354.16 kB





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