999 resultados para Historical Facts


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Note papers with historical facts which were included with this collection [possibly written by the Niagara Historical Society] . The papers have been photocopied and inserted within the collection where they belong. The original notes have been maintained in one envelope, n.d.

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Note papers with historical facts which were included with this collection [possibly written by the Niagara Historical Society] . The papers have been photocopied and inserted within the collection where they belong. The original notes have been maintained in one envelope, n.d.

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Note papers with historical facts which were included with this collection [possibly written by the Niagara Historical Society] . The papers have been photocopied and inserted within the collection where they belong. The original notes have been maintained in one envelope, n.d.

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166 countries have some kind of public old age pension. What economic forcescreate and sustain old age Social Security as a public program? We document some of the internationally and historically common features of Social Security programs including explicit and implicit taxes on labor supply, pay-as-you-go features, intergenerational redistribution, benefits which areincreasing functions of lifetime earnings and not means-tested. We partition theories of Social Security into three groups: "political", "efficiency" and "narrative" theories. We explore three political theories in this paper: the majority rational voting model (with its two versions: "the elderly as the leaders of a winning coalition with the poor" and the "once and for all election" model), the "time-intensive model of political competition" and the "taxpayer protection model". Each of the explanations is compared with the international and historical facts. A companion paper explores the "efficiency" and "narrative" theories, and derives implicationsof all the theories for replacing the typical pay-as-you-go system with a forced savings plan.