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来源类型Working Paper
规范类型报告
DOI10.3386/w8958
来源IDWorking Paper 8958
Social Security and Democracy
Casey B. Mulligan; Ricard Gil; Xavier Sala-i-Martin
发表日期2002-05-23
出版年2002
语种英语
摘要Many political economic theories use and emphasize the process of voting in their explanation of the growth of Social Security, government spending, and other public policies. But is there an empirical connection between democracy and Social Security program size or design? Using some new international data sets to produce both country-panel econometric estimates as well as case studies of South American and southern European countries, we find that Social Security policy varies according to economic and demographic factors, but that very different political histories can result in the same Social Security policy. We find little partial effect of democracy on the size of Social Security budgets, on how those budgets are allocated, or how economic and demographic factors affect Social Security. If there is any observed difference, democracies spend a little less of their GDP on Social Security, grow their budgets a bit more slowly, and cap their payroll tax more often, than do economically and demographically similar nondemocracies. Democracies and nondemocracies are equally likely to have benefit formulas inducing retirement and, conditional on GDP per capita, equally likely to induce retirement with a retirement test vs. an earnings test.
主题Public Economics ; National Fiscal Issues
URLhttps://www.nber.org/papers/w8958
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/566566
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Casey B. Mulligan,Ricard Gil,Xavier Sala-i-Martin. Social Security and Democracy. 2002.
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