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Social Security, Unemployment, and Growth Author info | Abstract | Publisher info | Download info | Related research | Statistics Brauninger, Michael
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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 different 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.
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Paper provided by Hamburg Institute of International Economics in its series Discussion Paper Series with number
26346.
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Date of creation: 2004Date of revision:
Handle: RePEc:ags:hiiedp:26346Contact details of provider: Postal: Neuer Jungfernstieg 21, D-20347 Hamburg Phone: 0049-40-42834-0 Fax: 0049-40-42834-451 Email: Web page: http://www.hwwa.de/ More information through EDIRC
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Keywords: unemployment benefits ; pensions ; wage bargaining ; endogenous growth ; Labor and Human Capital ; E24 ; H55 ; J51 ; J64 ; J65 ; Other versions of this item:
References listed on IDEAS Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile , click on "citations" and make appropriate adjustments.: Romer, Paul M, 1986.
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Other versions: Brauninger, Michael & Pannenberg, Markus, 2002.
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Saint-Paul, Gilles, 1992.
"Fiscal Policy in an Endogenous Growth Model ,"
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[Downloadable!] (restricted)
Other versions: Corneo, Giacomo & Marquardt, Marko, 2000.
"Public pensions, unemployment insurance, and growth ,"
Journal of Public Economics ,
Elsevier, vol. 75(2), pages 293-311, February.
[Downloadable!] (restricted)
Lingens, Jorg, 2003.
"The impact of a unionised labour market in a Schumpeterian growth model ,"
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Lucas, Robert Jr., 1988.
"On the mechanics of economic development ,"
Journal of Monetary Economics ,
Elsevier, vol. 22(1), pages 3-42, July.
[Downloadable!] (restricted)
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references Cited by : (explanations , Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile , click on "citations" and make appropriate adjustments.)
Lars Kunze & Christiane Schuppert, 2009.
"Financing Social Security by Taxing Capital Income – A Bad Idea? ,"
Ruhr Economic Papers
0090, Rheinisch-Westfälisches Institut für Wirtschaftsforschung, Ruhr-Universität Bochum, Universität Dortmund, Universität Duisburg-Essen.
[Downloadable!]
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