Old Age in the Welfare State

Wellbeing in the Welfare State

Wellbeing' and 'welfare' are often bracketed together, in particular wellbeing and state-welfare. The level of wellbeing is believed to be higher in welfare states, and its distribution more equitable. This theory is tested in a comparative study of 40 nations 1980-1990. The size of state welfare is measured by social security expenditure. The wellbeing of citizens is measured in terms of the d...

Online Appendix Old, Sick, Alone and Poor: A Welfare Analysis of Old-Age Social Insurance Programs

Old, Sick, Alone, and Poor: A Welfare Analysis of Old-Age Social Insurance Programs

Poor heath, large acute and long-term care medical expenses and spousal death are significant drivers of impoverishment among retirees. We document these facts and build a rich overlapping generations model that reproduces them. We use the model to assess the incentive and welfare effects of U.S. Social Security and means-tested social insurance programs, such as Medicaid and food stamp program...

The Welfare State

history of Great Britain from 1945 to the present day'. It covers not only the legislation which established what we have come to know as the Welfare State, but aspects such as population growth, geographical environment, and the development of the nationa-lised industries. The sections on health services are relatively small, but related to the wider context of national culture. Whilst the mai...

The Intergenerational Welfare State

demography is a realm of private decisions with public effects. in both highand low-fertility regimes, families make decisions that significantly influence the well-being of others. excessively rapid population growth can threaten economic and ecological viability. Population decline can threaten cultural continuity and fiscal sustainability. as Paul demeny has warned us, there is no invisible ...