Arbeitspapier
Sustainable Social Spending
The paper discusses a number of threats to the financial sustainability of social spending: increased internationalization of national economies, gradually higher relative costs of producing a number of human services, the graying of the population, slower productivity growth in the private sector, low employment rates, and various types of disincentive effects related to the welfare state itself, including moral hazard. I argue that threats from gradually rising costs of providing human services and disincentive effects of welfare-state arrangements, in particular moral hazard and benefit dependency, are more difficult to deal with than the other threats. I also discuss the choice between ad hoc policy reforms and automatic adjustment mechanisms, delegated to administrative bodies, for dealing with these threats.
- Sprache
-
Englisch
- Erschienen in
-
Series: IUI Working Paper ; No. 646
- Klassifikation
-
Wirtschaft
Fiscal Policy
Fiscal Policies and Behavior of Economic Agents: Household
National Government Expenditures and Welfare Programs
- Thema
-
Sustainable Fiscal Policy
Baumols Disease
Moral Hazard
Automatic Adjustment Mechanisms
Finanzpolitik
Öffentliche Sozialausgaben
Haushaltskonsolidierung
Moral Hazard
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Lindbeck, Assar
- Ereignis
-
Veröffentlichung
- (wer)
-
The Research Institute of Industrial Economics (IUI)
- (wo)
-
Stockholm
- (wann)
-
2005
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:41 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Lindbeck, Assar
- The Research Institute of Industrial Economics (IUI)
Entstanden
- 2005