This paper develops a theory of inequality and the social contract aiming to explain how
countries with similar economic and political “fundamentals” can sustain such different …

Durante el siglo XX, los modernos estados del bienestar plasmaron los valores de
solidaridad característicos de la civilización europea. En el inicio del tercer milenio restan …

We investigate the balanced growth effects of pension plans on the rate of growth and on
equalityin a closed economy where individual decisions about education are the engine of …

We focus on the consequences of a voting process on the retirement age when agents have
di¤ erent ages and wages. We have two groups: retired people and workers. Once the …

Is the political support for welfare policy higher or lower in less egalitarian societies? We
answer the question using a framework in which welfare policies are modelled as publicly …

We investigate the balanced growth effects of pension plans on the rate of growth and on the
equality in a closed economy where individual decisions about education are the engine of …