Abstract
The objective of this paper is to reach a better understanding of the way in which the social security system and macro-economic activity react upon each other. The particular example of France is studied. The first part of the paper presents the consequences for social security of a change in some aggregate variables, in particular in the inflation rate. In the second part, there is an analysis of the way in which the effectiveness of public expenditure stabilisation policies is affected by the social security system.
The author is grateful to Professor Rcviglio for helpful discussions and references.
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References
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© 1977 International Economic Association
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Jeanjean, P.P. (1977). A Social Security System and Short-Term Economic Policy. In: Feldstein, M.S., Inman, R.P. (eds) The Economics of Public Services. International Economic Association Conference Volumes. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-02917-4_9
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DOI: https://doi.org/10.1007/978-1-349-02917-4_9
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-02919-8
Online ISBN: 978-1-349-02917-4
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