Public pensions, unemployment insurance, and growth

Public pensions, unemployment insurance, and growth
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公共养老金、失业保险和增长

DOI:
10.1016/s0047-2727(99)00058-4
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发表时间:
2000
影响因子:
9.8
通讯作者:
M. Marquardt
M. Marquardt
中科院分区:
经济学1区
文献类型:
--
作者:
G. Corneo;M. Marquardt

文献摘要

被引文献

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我们开发了一个世代交替的模型,突出了一个资金不足的养老金计划和失业保险计划之间的相互作用,在劳动力市场与工会工资设置。这两个方案的资金都来自对公司及其雇员征收的指定比例工资税。均衡路径需要内生增长和非自愿失业。养老金计划和失业保险计划之间的溢出效应对增长政策、效率问题和向全额养老金制度的过渡具有显著影响。
We develop an overlapping-generations model that highlights the interaction between an unfunded pension program and an unemployment insurance program in the presence of a labor market with union wage-setting. Both programs are financed by earmarked proportional wage taxes levied on firms and their employees. The equilibrium path entails endogenous growth and involuntary unemployment. The presence of spillovers between pension programs and unemployment insurance programs has striking implications for growth policy, efficiency issues, and the transition to a fully-funded pension system.