The effects of political competition on the generosity of public-sector pension plans
In politically competitive jurisdictions, there can be strong electoral incentives to increase the generosity of public pensions and simultaneously, to not fund them fully, in order to keep taxes low. I examine the relationship between political competition and generosity of public pensions using a...
| Main Author: | |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Elsevier B.V.
2019
|
| Subjects: | |
| Online Access: | View Fulltext in Publisher |