The Displacement Effects of Social Security Wealth in a Transition Economy: The Case of Poland

The Displacement Effects of Social Security Wealth in a Transition Economy: The Case of Poland

Economic theory does not give clear predictions on the impact of social security wealth on private wealth. While the basic life-cycle hypothesis predicts full displacement, many more advanced theoretical contributions anticipate only a limited offset. Empirical research on the issue is also not conc...

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Bibliographic Details
Main Author: Marcin Wroński
Format: Article
Language:English
Published: Collegium of Economic Analysis, SGH Warsaw School of Economics 2023-03-01
Series:Gospodarka Narodowa. The Polish Journal of Economics
Subjects:
public economics
crowding out
social security wealth
household wealth
wealth distribution
Online Access:https://gnpje.sgh.waw.pl/The-Displacement-Effects-of-Social-Security-Wealth-in-a-Transition-Economy-The-Case,159033,0,2.html

Internet

https://gnpje.sgh.waw.pl/The-Displacement-Effects-of-Social-Security-Wealth-in-a-Transition-Economy-The-Case,159033,0,2.html

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