Assessing welfare accounts

Arbeitspapier

The Paper examines the possible effects of introducing a large-scale welfare reform in Sweden, namely, the introduction of comprehensive welfare accounts. Under this policy, individuals make mandatory contributions to accounts, which they can top up with voluntary contributions. In return, individuals’ welfare benefits are paid from their accounts. The Paper uses a large panel of individual income data to examine how the adoption of universal welfare accounts may affect economic activity. We find that this policy could be designed so as to reduce social insurance expenditure considerably, improve the incentives to work and save, all with relatively small redistributive impact.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: CEPR Discussion Paper Series ; No. 3479

Classification and Topics

• Classification: Wirtschaft ; Structure, Scope, and Performance of Government ; Taxation and Subsidies: Efficiency; Optimal Taxation ; Taxation and Subsidies: Externalities; Redistributive Effects; Environmental Taxes and Subsidies ; National Government Expenditures and Health ; National Government Expenditures and Education ; National Government Expenditures and Welfare Programs ; Social Security and Public Pensions
• Subject: Soziale Sicherung ; Sozialversicherung ; Sozialreform ; Sozialversicherungsbeitrag ; Sparen ; Schweden

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Fölster, Stefan ; Gidehag, Robert ; Orszag, Jonathan Michael ; Snower, Dennis J.
• Event: Veröffentlichung
• (who): Centre for Economic Policy Research (CEPR)
• (where): London
• (when): 2002

Further information

• Handle: http://hdl.handle.net/10419/2823
• Last update: 10.03.2025, 11:42 AM CET