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Voting on Social Security: The Family as Decision-Making Unit

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  • Breyer, Friedrich
  • Graf v d Schulenburg, J-Matthias

Abstract

Pay-as-you-go financed social security systems imply transfers of life time income not only among generational cohorts, but also between fam ilies of different size and generational composition. Whereas previou s models of voting on social security in democratic societies focusse d on the first type of transfer and assumed homogeneity of interests within each generation, the authors treat the family as the relevant decision-making unit. It is analyzed how the results of majority voti ng on mandatory public pension and sickness funds depend on time pref erence, the overall rate of population growth, and the distribution o f children across families. Copyright 1987 by WWZ and Helbing & Lichtenhahn Verlag AG

Suggested Citation

  • Breyer, Friedrich & Graf v d Schulenburg, J-Matthias, 1987. "Voting on Social Security: The Family as Decision-Making Unit," Kyklos, Wiley Blackwell, vol. 40(4), pages 529-547.
  • Handle: RePEc:bla:kyklos:v:40:y:1987:i:4:p:529-47
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    References listed on IDEAS

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    1. Vito Tanzi & Hamid R Davoodi, 1997. "Corruption, Public Investment, and Growth," IMF Working Papers 97/139, International Monetary Fund.
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    Cited by:

    1. Henning Bohn, 2009. "A Static Model for Voting on Social Security," CESifo Working Paper Series 2649, CESifo Group Munich.
    2. Hayo, Bernd & Ono, Hiroyuki, 2010. "Comparing public attitudes toward providing for the livelihood of the elderly in two aging societies: Germany and Japan," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 39(1), pages 72-80, January.
    3. Breyer, Friedrich & Craig, Ben, 1997. "Voting on social security: Evidence from OECD countries," European Journal of Political Economy, Elsevier, vol. 13(4), pages 705-724, December.
    4. Breyer, Friedrich, 2001. "Why Funding is not a Solution to the "Social Security Crisis"," IZA Discussion Papers 328, Institute for the Study of Labor (IZA).
    5. Kai A. Konrad & Gert Wagner, 2000. "Reform of the Public Pension System in Germany," Discussion Papers of DIW Berlin 200, DIW Berlin, German Institute for Economic Research.
    6. Kai A. Konrad & Wolfram F. Richter, 2005. "Zur Berücksichtigung von Kindern bei umlagefinanzierter Alterssicherung," Perspektiven der Wirtschaftspolitik, Verein für Socialpolitik, vol. 6(1), pages 115-130, February.
    7. Kruse, Agneta & Nyberg, Kristian, 2004. "Pensions and external effects of ageing; effects on distribution," Working Papers 2004:27, Lund University, Department of Economics.

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