SOCIAL SECURITY: A FINANCIAL APPRAISAL ACROSS AND WITHIN GENERATIONS
نویسندگان
چکیده
منابع مشابه
Social Security: a financial appraisal for the median voter.
Several explanations have been proposed for why voters continue to support unfunded social security systems. Browning (1975) suggests that the extremely large unfunded pension systems of most democracies depend on the existence of a voting majority composed of middle-aged and older people who fail to fully internalize the cost of financing the system. In fact, when voting, economically rational...
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ژورنال
عنوان ژورنال: National Tax Journal
سال: 1987
ISSN: 0028-0283,1944-7477
DOI: 10.1086/ntj41789672