Population aging, social security and fiscal limits

The Aging of Population: Expenditure on Education and Social Security

We analyze the e¤ects of population aging on public expenditure when government is not fully e¢ cient. We build an overlapping generations model in which government collects money from the households through a proportional tax on wages and redistributes the resources in the form of pensions and a subsidy to education. The individual votes for the level of public assistance to receive in order t...

Macroeconomic and Fiscal Impacts of Japan’s Aging Population

The aging of Japan’s population will affect both macroeconomic and fiscal developments in the country. The larger the increase in elderly population, the more inter-generational income transfers are incurred, with heavier burdens levied on the working generations. In addition, the risk is that the government deficit will grow without control due to a substantial increase in social security paym...

Immigration, Fiscal Policy, and Welfare in an Aging Population

I evaluate the welfare effects of exogenous changes in immigration policy by constructing a heterogeneous agent overlapping generations model with agents differing in age, origin, and skills. Calibrating the model to Germany, I match the main features of the social security and tax systems, and account for differences in inter-generational transmission of skills and fertility between immigrants...

Fiscal Policy: Taxes, Distribution of National Income, and Social Security

A Sociological Study on Social Trust of Social Security Organization’s Insured Population (Case Study: West Tehran Social Security Branches)

Social trust is one of the foundations for social order in society. Trust in any organization is affected by various factors such as customer satisfaction, service quality, staff skill and taking into account the customer orientation and service receivers’ satisfaction principles. This research seeks to study the sociological study of social trust of the insured population of social security or...