Advanced Search
MyIDEAS: Login to save this paper or follow this series

Macroeconomic dimensions of social economics: Saving, the stock market, and pension systems

Contents:

Author Info

  • Martha A. Starr

    ()
    (Department of Economics, American University)

Abstract

Saving, investment, and pensions are avenues by which households build up claims to future income and consumption. Such claims are important in a number of respects: they broaden people’s options, reduce their insecurities about material living standards, and enhance their ability to live with dignity in old age. As such, understanding the multiplicity of factors that shape how people save, invest and acquire pension rights is important for understanding their access to well-being and the ways in which social arrangements improve or undercut that access. This paper reviews social-economics perspectives on these macroeconomic issues, highlighting contributions of existing research and identifying fruitful directions for future work.

Download Info

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
File URL: http://w.american.edu/cas/economics/repec/amu/workingpapers/2006-09.pdf
File Function: First version, 2006
Download Restriction: no

Bibliographic Info

Paper provided by American University, Department of Economics in its series Working Papers with number 2006-09.

as in new window
Length: 20 pages
Date of creation: May 2006
Date of revision:
Handle: RePEc:amu:wpaper:0906

Contact details of provider:
Web page: http://www.american.edu/cas/economics/

Related research

Keywords:

This paper has been announced in the following NEP Reports:

References

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
as in new window
  1. Altonji, Joseph G & Hayashi, Fumio & Kotlikoff, Laurence J, 1997. "Parental Altruism and Inter Vivos Transfers: Theory and Evidence," Journal of Political Economy, University of Chicago Press, vol. 105(6), pages 1121-66, December.
  2. Beverly, Sondra G. & Sherraden, Michael, 1999. "Institutional determinants of saving: implications for low-income households and public policy," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 28(4), pages 457-473.
  3. Alain de Serres & Florian Pelgrin, 2002. "The Decline in Private Saving Rates in the 1990s in OECD Countries: How Much Can be Explained by Non-Wealth Determinants?," OECD Economics Department Working Papers 344, OECD Publishing.
  4. Frey, Bruno S., 1997. "On the relationship between intrinsic and extrinsic work motivation1," International Journal of Industrial Organization, Elsevier, vol. 15(4), pages 427-439, July.
  5. Glenn R. Hubbard & Jonathan Skinner & Stephen P. Zeldes, . "Precautionary Saving and Social Insurance," Rodney L. White Center for Financial Research Working Papers 3-95, Wharton School Rodney L. White Center for Financial Research.
  6. Luigi Guiso & Tullio Jappelli, 2000. "Household Portfolios in Italy," CSEF Working Papers 43, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy.
  7. Ivo Welch & Siew Hong Teoh & Paul Wazzan, 1995. "The Effect of Socially Activist Investment Policies on the Financial Markets: Evidence from the South African Boycott," Finance _005, University of California at Los Angeles.
  8. Kimberly Ann Elliot & Richard B. Freeman, 2004. "White hats or Don Quixotes? Human rights vigilantes in the global economy," LSE Research Online Documents on Economics 19952, London School of Economics and Political Science, LSE Library.
  9. Jonathan A. Parker, 1999. "Spendthrift in America? On Two Decades of Decline in the U.S. Saving Rate," NBER Working Papers 7238, National Bureau of Economic Research, Inc.
  10. Mark Huggett & Gustavo Ventura, 1995. "Understanding why high income households save more than low income households," Discussion Paper / Institute for Empirical Macroeconomics 106, Federal Reserve Bank of Minneapolis.
  11. David Bunting, 1991. "Savings and the Distribution of Income," Journal of Post Keynesian Economics, M.E. Sharpe, Inc., vol. 14(1), pages 3-22, October.
  12. Paxson, Christina, 1996. "Saving and growth: Evidence from micro data," European Economic Review, Elsevier, vol. 40(2), pages 255-288, February.
  13. Christopher Niggle, 2003. "Globalization, Neoliberalism and the attack on social security," Review of Social Economy, Taylor & Francis Journals, vol. 61(1), pages 51-71.
  14. Ropke, Inge, 1999. "The dynamics of willingness to consume," Ecological Economics, Elsevier, vol. 28(3), pages 399-420, March.
  15. Frederic Lee & Steve Keen, 2004. "The Incoherent Emperor: A Heterodox Critique of Neoclassical Microeconomic Theory," Review of Social Economy, Taylor & Francis Journals, vol. 62(2), pages 169-199.
  16. Pablo Arocena & Mikel Villanueva, 2003. "Access as a Motivational Device: Implications for Human Resource Management," Kyklos, Wiley Blackwell, vol. 56(2), pages 199-221, 05.
  17. James J. Choi & David Laibson & Brigitte C. Madrian & Andrew Metrick, 2004. "Saving or Retirement on the Path of Least Resistance," Levine's Bibliography 122247000000000606, UCLA Department of Economics.
  18. Behrman, Jere R. & Pollak, Robert A. & Taubman, Paul, 1995. "From Parent to Child," University of Chicago Press Economics Books, University of Chicago Press, edition 1, number 9780226041568.
  19. Annamaria Lusardi & Jonathan Skinner & Steven F. Venti, 2001. "Saving Puzzles and Saving Policies in the United States," JCPR Working Papers 220, Northwestern University/University of Chicago Joint Center for Poverty Research.
  20. Alberto Bisin & Giorgio Topa & Thierry Verdier, 2009. "Cultural transmission, socialization and the population dynamics of multiple-trait distributions," International Journal of Economic Theory, The International Society for Economic Theory, vol. 5(1), pages 139-154.
  21. Richard B. Freeman & Morris M. Kleiner & Cheri Ostroff, 2000. "The Anatomy of Employee Involvement and Its Effects on Firms and Workers," NBER Working Papers 8050, National Bureau of Economic Research, Inc.
  22. O.P. Albino Barrera, 1997. "Degrees of Unmet Needs in the Superfluous Income Criterion," Review of Social Economy, Taylor & Francis Journals, vol. 55(4), pages 464-486.
  23. Edward N. Wolff, 2003. "The Devolution of the American Pension System: Who Gained and Who Lost?," Eastern Economic Journal, Eastern Economic Association, vol. 29(4), pages 477-495, Fall.
  24. Shefrin, Hersh M & Thaler, Richard H, 1988. "The Behavioral Life-Cycle Hypothesis," Economic Inquiry, Western Economic Association International, vol. 26(4), pages 609-43, October.
  25. Ward Morehouse & Stuart Speiser & Ken Taylor, 2000. "The Universal Capitalism Movement in the United States," Review of Social Economy, Taylor & Francis Journals, vol. 58(1), pages 63-80.
  26. Bernard Casey & Howard Oxley & Edward R. Whitehouse & Pablo Antolín & Romain Duval & Willi Leibfritz, 2003. "Policies for an Ageing Society: Recent Measures and Areas for Further Reform," OECD Economics Department Working Papers 369, OECD Publishing.
  27. Andrew Trigg, 2004. "Deriving the Engel Curve: Pierre Bourdieu and the Social Critique of Maslow's Hierarchy of Needs," Review of Social Economy, Taylor & Francis Journals, vol. 62(3), pages 393-406.
  28. Alan Shipman, 2004. "Lauding the Leisure Class: Symbolic Content and Conspicuous Consumption," Review of Social Economy, Taylor & Francis Journals, vol. 62(3), pages 277-289.
  29. Leff, Nathaniel H, 1969. "Dependency Rates and Savings Rates," American Economic Review, American Economic Association, vol. 59(5), pages 886-96, December.
Full references (including those not matched with items on IDEAS)

Citations

Lists

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

Statistics

Access and download statistics

Corrections

When requesting a correction, please mention this item's handle: RePEc:amu:wpaper:0906. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Thomas Meal).

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.