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Finanzen.net:
Europas Jugend hangt finanziell am Tropf

18 August 2014

Indem sie ihren Kindern finanziell unter die Arme greifen, haben die Eltern auch unabsichtlich den offentlichen Druck entscharft, die Beschäftigungs-und Renten so zu andern, dass ihre Kinder einen leichteren Start ins Berufsleben bekommen, sagt Luis Garicano, spanischer Wirtschaftsprofessor an der London School of Economics.
By helping their children financially, the parents have also unwittingly also blunted public pressure for changes to labour rules and pension rights that could make it easier for their children to get a start, says Luis Garicano, a prominent Spanish economist at the London School of Economics.

This article was published online by Finanzen.net on August 18, 2014
Link to article here

Related Links
Luis Garicano webpage
Productivity and Innovation webpage

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