VOTING ON SOCIAL SECURITY WHEN LABOR SUPPLY IS ENDOGENOUS

dc.contributor.authorBreyer, Friedrich
dc.date.accessioned2016-03-30T12:48:57Z
dc.date.available2016-03-30T12:48:57Z
dc.date.issued1994-07eng
dc.description.abstractOne of the puzzles in the political economic theory of unfunded pension systems is that middle-aged voters do not seem to advocate unlimited increases in the level of contributions and benefits if they take this decision to be valid forever. While the previous literature answered this question by pointing at borrowing restrictions, a more convincing explanation rests on the voters’understanding that future social security taxes will adversely affect future labor supply and thus the source from which their own pensions must be financed. This paper analyzes the validity of this explanation for two different types of pension systems, (a) the lump-sum benefits case, and (b) the case of fairness within cohorts.eng
dc.description.versionpublishedeng
dc.identifier.doi10.1111/j.1468-0343.1994.tb00091.xeng
dc.identifier.urihttps://kops.uni-konstanz.de/handle/123456789/33503
dc.language.isoengeng
dc.subject.ddc330eng
dc.titleVOTING ON SOCIAL SECURITY WHEN LABOR SUPPLY IS ENDOGENOUSeng
dc.typeJOURNAL_ARTICLEeng
dspace.entity.typePublication
kops.citation.bibtex
@article{Breyer1994-07VOTIN-33503,
  year={1994},
  doi={10.1111/j.1468-0343.1994.tb00091.x},
  title={VOTING ON SOCIAL SECURITY WHEN LABOR SUPPLY IS ENDOGENOUS},
  number={2},
  volume={6},
  issn={0954-1985},
  journal={Economics & Politics},
  pages={119--130},
  author={Breyer, Friedrich}
}
kops.citation.iso690BREYER, Friedrich, 1994. VOTING ON SOCIAL SECURITY WHEN LABOR SUPPLY IS ENDOGENOUS. In: Economics & Politics. 1994, 6(2), pp. 119-130. ISSN 0954-1985. eISSN 1468-0343. Available under: doi: 10.1111/j.1468-0343.1994.tb00091.xdeu
kops.citation.iso690BREYER, Friedrich, 1994. VOTING ON SOCIAL SECURITY WHEN LABOR SUPPLY IS ENDOGENOUS. In: Economics & Politics. 1994, 6(2), pp. 119-130. ISSN 0954-1985. eISSN 1468-0343. Available under: doi: 10.1111/j.1468-0343.1994.tb00091.xeng
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kops.sourcefieldEconomics & Politics. 1994, <b>6</b>(2), pp. 119-130. ISSN 0954-1985. eISSN 1468-0343. Available under: doi: 10.1111/j.1468-0343.1994.tb00091.xdeu
kops.sourcefield.plainEconomics & Politics. 1994, 6(2), pp. 119-130. ISSN 0954-1985. eISSN 1468-0343. Available under: doi: 10.1111/j.1468-0343.1994.tb00091.xdeu
kops.sourcefield.plainEconomics & Politics. 1994, 6(2), pp. 119-130. ISSN 0954-1985. eISSN 1468-0343. Available under: doi: 10.1111/j.1468-0343.1994.tb00091.xeng
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