Arbeitspapier
Growth, longevity and public policy
This paper studies the optimal long-run public intervention in a two-period OLG model where the probability of surviving the first period and the length of the second period can be influenced by distinct policies. While the optimal size of public intervention depends on the extra-productivity of public spendings in longevity, its optimal structure is determined by (1) differences in the productivity of each policy; (2) how growth would influence each longevity aspect under laissez-faire; (3) the dependence of each longevity aspect on past achievements. Given competing effects, the optimal intervention can hardly, under additive expected lifetime utility, be strongly unbalanced.
- Language
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Englisch
- Bibliographic citation
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Series: CESifo Working Paper ; No. 1780
- Classification
-
Wirtschaft
One, Two, and Multisector Growth Models
General Aggregative Models: Neoclassical
National Government Expenditures and Health
Health Behavior
- Event
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Geistige Schöpfung
- (who)
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Ponthiere, Grégory
- Event
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Veröffentlichung
- (who)
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Center for Economic Studies and ifo Institute (CESifo)
- (where)
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Munich
- (when)
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2006
- Handle
- Last update
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10.03.2025, 11:45 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Ponthiere, Grégory
- Center for Economic Studies and ifo Institute (CESifo)
Time of origin
- 2006
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