This chapter reviews the theoretical and empirical issues dealing with Social Security
pensions. The first part of the chapter discusses pure pay-as-you-go plans. It considers the …

A number of trends are changing the nature of social risks and increase the importance of
human capital, adaptability, and flexibility. This article discusses the usefulness of a life …

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The Theory of Taxation and Public Economics presents a unified conceptual framework for
analyzing taxation--the first to be systematically developed in several decades. An original …

We classify social security pension systems in three dimensions: actuarial versus non-
actuarial, funded versus unfunded, and defined-benefit versus defined-contribution systems …

With little domestic fanfare and even less attention internationally, Japan has been
reinventing itself since the 1990s, dramatically changing its political economy, from one …

Aging populations. Weather shocks. Scarce water. Globalization. Security threats.
Policymakers today confront a number of developments that threaten to burden public …

Public economics is one of the most lively and fascinating fields in economics. There are
theoretical and methodical interconnections to numerous branches of economics as well as …

With its implications for health care, the economy, and an assortment of other policy areas,
population aging is one of the most pressing issues facing governments and society today …

We examine whether changes in the degree of pension funding affect economic growth. Our
sample consists of 54 countries, Organization for Economic Co-operation and Development …