Event Details
Seminar Room 1, Espais de Recerca (ERE) Duration: 30 minutes Abstract: Public intergenerational transfers (IGTs) may emerge from the failure of private arrangements to provide optimal economic resources for the young and old. [...]
Event Details
Seminar Room 1, Espais de Recerca (ERE)
Duration: 30 minutes
Abstract: Public intergenerational transfers (IGTs) may emerge from the failure of private arrangements to provide optimal economic resources for the young and old. We investigate the political sustainability of the public system of IGTs by seeking to determine the outcome if the decision to reallocate economic resources per se was put to the vote. Exploiting the particular nature of the data from the National Transfer Accounts and the political economy application of Rangel (2003), we show that most of the developed countries would vote in favor of a joint public education and pension system. Interestingly, political support is strengthened when we account for population ageing.
Speaker
Gianko Michailidis (Universitat de Barcelona)
Time
(Friday) 17:30
Location
Faculty of Economics and Business, University of Barcelona
Avda. Diagonal 690, Barcelona