Complexity of social protection system and wellbeing
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2022-08-11
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en
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Abstract
Abstract: This research considers the role that social protection complexity plays in determining wellbeing at the country level. A panel data regression analysis is conducted with a data set consisting of 35 countries and 12 years. The results of this analysis are mixed, one out of three regressions being significant and complexity having a negative effect on wellbeing. Additionally, the determinants of complexity are investigated, with the finding that the age dependency ratio plays a role in determining the complexity of a welfare system. Lastly, this research investigates whether complexity plays a mediating role between age dependency ratio, and wellbeing, finding a small significant indirect effect through complexity. While this indicates that complexity might play a role in determining wellbeing, more research is needed to infer a causal linkage.
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Faculteit der Managementwetenschappen