When studying redistributive attitudes, surveys show that individuals do care about fairness. They also show that the cultural environment in which individuals grow up affects their preferences about redistribution. In this article we include these two components of the demand for redistribution...

According to the standard economic approach, the level of redistribution in a democratic society is growing with the inequality of the income distribution. However, data do not support such a finding. In this article, we assert that the canonical model fails first in its basic assumption, the...

The future of the social security system is a big issue in industrial world. Population aging raises the question of the adjustment, or even the replacement of unfunded public pension schemes. The ratio between over-60-year-olds and the working age is expected to double between now and 2040, and...

In this paper, we analyze the consequences of endogenous migration flows over the coming decades in a dynamic general equilibrium model of the world economy. Such an approach has two major benefits. First, it offers a global perspective on the economic consequences of international migration...

The retirement systems of industrialized countries must be adjusted, because of the increasing ratio of pensioners to workers, How? In a context where the government guarantees the social contract, we show that during the process of aging, the size of the retirement system develops in the...

In many European countries, population aging had led to debate about a switch from conventional unfunded public pension systems to notional sys- tems characterized by individual accounts. In this article, we develop an overlapping generations model in which endogenous growth is based on an...

In many European countries, population aging had led to debate about a switch from conventional unfunded public pension systems to notional systems characterized by individual accounts. In this article, we develop an overlapping generations model in which endogenous growth is based on an...