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Fertility and pension systems
Rizzo, Giuseppe - 2009
children as old-age economic security, discouraging fertility. In particular, this fact may explain the contemporaneity of the … political economy research these effects have been ignored, as the fertility choice is usually considered exogenous. This paper … pension systems, because as the family structure becomes weaker the fertility decreases, thus reducing the profitability of …
Persistent link: https://www.econbiz.de/10015215393
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Fertility and pension systems
Rizzo, Giuseppe - 2009
caused by the endogenous reduction of fertility have been largely disregarded, as the fertility choice is usually considered …
Persistent link: https://www.econbiz.de/10015215496
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Fertility and pension systems
Rizzo, Giuseppe - 2010
caused by the endogenous reduction of fertility are typically disregarded, as the fertility choice is usually considered … reduction of fertility costs on the dimension of pension systems. Some stylized facts support an inverted-U development pattern …: a continuous and progressive increase of the fertility cost, after inducing the introduction of pension systems, tends …
Persistent link: https://www.econbiz.de/10015220515
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Pensions at a glance: public policies across OECD countries
Whitehouse, Edward; Queisser, Monika - 2007
This second edition of Pensions at a Glance updates all the important indicators of retirement-income systems developed for the first edition. The values of all pension system parameters reflect the situation in the year 2004. The general approach adopted is a “microeconomic” one, looking at...
Persistent link: https://www.econbiz.de/10015217634
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The Single-Mindedness theory: micro-foundation and applications to social security systems
Canegrati, Emanuele - 2006
The central purpose of this paper is to introduce a new political economy explanation to modern Social Security Systems. This approach is based on the Single-Mindedness Theory (SMT), which assumes that the more single-minded groups are able to exert a greater power of influence on Governments...
Persistent link: https://www.econbiz.de/10015217813
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Fertility-related pensions and cyclical instability
Fanti, Luciano; Gori, Luca - 2010
endogenous fertility may cause complex economic cycles when individuals are short-sighted. In particular, the risk of cyclical … instability increases with both the individual degree of thriftiness and the relative weight of individual fertility in the … generations context and represent a policy warning about the dramatic destabilising effects of a fertility-related pension reform. …
Persistent link: https://www.econbiz.de/10015220130
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Economic growth and stability with public PAYG pensions and private intra-family old-age insurance
Fanti, Luciano; Gori, Luca - 2010
This paper investigates the steady state and dynamical effects of two historical alternatives as a means of old-age insurance – i.e., voluntary intra-family transfers from young to old members versus pay-as-you-go public pensions –, in a general equilibrium overlapping generations model with...
Persistent link: https://www.econbiz.de/10015220397
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The economic well-being of older people in international perspective: a critical review
Disney, Richard; Whitehouse, Edward - 2002
This paper surveys a dozen international comparative studies of poverty, income distribution and older people in industrialized countries using data up to the mid-1990s. It addresses a series of questions. At what level are the incomes of the elderly relative to the population as a whole? How...
Persistent link: https://www.econbiz.de/10015220594
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On redistribution effects of public debt amongst single-minded generations
Canegrati, Emanuele - 2007
In this paper I will introduce a new political economy model, where there exists a competition amongst two political candidates, which aim to set a policy which enables them to win elections, max- imising the probability of winning. I will show that, if taxes neces- sary to repay the debt are...
Persistent link: https://www.econbiz.de/10015221479
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The single-mindedness of labor unions when transfers are not Lump-Sum
canegrati, emanuele - 2007
In this paper I analyse a labour market where the wage is endogenously determined according to an Efficient Bargaining process between a firm and a labour union whose members are partitioned into two social groups: the old and the young. Furthermore, I exploit the Single-Mindedness theory, which...
Persistent link: https://www.econbiz.de/10015221948