2016-09-14Diskussionspapier
Does Social Security Crowd Out Private Savings?
The Case of Bismarck’s System of Social Insurance
Lehmann-Hasemeyer, Sibylle; Streb, Jochen
Imperial chancellor Bismarck’s system of social insurance (with its three pillars health, accident and pension insurance) was an important role model for social security systems across Europe and in the US. How the ...