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In the presence of endogenous growth intergenerational transfer from the young to the old reduce per capita income growth and harm future generations. On the other hand, competitive equilibria are inefficient if externalities sustain long-run growth. This paper shows that if individuals retire in the last period of their life, the inefficiency of the market economy can be removed by an investment subsidy without making the current or future generations worse off only if coupled with intergenerational transfers from the young to the old.

When the economic allocation of resources in any system is not Pareto efficient, there exists possibility for the Pareto improvement. In this paper the means of attaining the Pareto efficiency in providing services of computed tomography is discussed and compared. The study aims at analysing the use of computed tomography for the purpose of providing healthcare services in the European Union and other countries by making comparisons of data collected by the State Health Care Accreditation Agency under the Ministry of Health of the Republic of Lithuania. Using the methods of benchmarking and synthesis, authors seek to determine the potential efficient uses of computed tomography and propose the possible solutions for achieving the Pareto efficiency.

When the economic allocation of resources in any system is not Pareto efficient, there exists possibility for the Pareto improvement. In this paper the means of attaining the Pareto efficiency in providing services of computed tomography is discussed and compared. The study aims at analysing the use of computed tomography for the purpose of providing healthcare services in the European Union and other countries by making comparisons of data collected by the State Health Care Accreditation Agency under the Ministry of Health of the Republic of Lithuania. Using the methods of benchmarking and synthesis, authors seek to determine the potential efficient uses of computed tomography and propose the possible solutions for achieving the Pareto efficiency.

When the economic allocation of resources in any system is not Pareto efficient, there exists possibility for the Pareto improvement. In this paper the means of attaining the Pareto efficiency in providing services of computed tomography is discussed and compared. The study aims at analysing the use of computed tomography for the purpose of providing healthcare services in the European Union and other countries by making comparisons of data collected by the State Health Care Accreditation Agency under the Ministry of Health of the Republic of Lithuania. Using the methods of benchmarking and synthesis, authors seek to determine the potential efficient uses of computed tomography and propose the possible solutions for achieving the Pareto efficiency.

When the economic allocation of resources in any system is not Pareto efficient, there exists possibility for the Pareto improvement. In this paper the means of attaining the Pareto efficiency in providing services of computed tomography is discussed and compared. The study aims at analysing the use of computed tomography for the purpose of providing healthcare services in the European Union and other countries by making comparisons of data collected by the State Health Care Accreditation Agency under the Ministry of Health of the Republic of Lithuania. Using the methods of benchmarking and synthesis, authors seek to determine the potential efficient uses of computed tomography and propose the possible solutions for achieving the Pareto efficiency.

Altruistic parents may transfer resources to their offspring by providing education, and by leaving bequests. We show that in the presence of wage taxation, a small bequest tax may improve efficiency in an overlapping-generations framework with only intended bequests, by enhancing incentives of parents to invest in their children's education. This result holds even if the wage tax rate is held constant when introducing bequest taxation. We also calculate an optimal mix of wage and bequest taxes with alternative parameter combinations. In all cases, the optimal wage tax rate is clearly higher than the optimal bequest tax rate, but the latter is generally positive when the required government revenue in the economy is sufficiently high.