| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 972273 | Labour Economics | 2008 | 10 Pages |
Abstract
A Beveridgean pension scheme discourages labour, and is bad for effciency. A Bismarckian one may encourage labour, and be good for effciency. In any case, the same contribution level will discourage labour and reduce effciency less if the scheme is Bismarckian, than if it is Beveridgean.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Alessandro Cigno,