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Chapter 2: Intergenerational Fairness

Author

Listed:
  • Torben M. Andersen
  • Giuseppe Bertola
  • John Driffill
  • Harold James
  • Hans-Werner Sinn
  • Jan-Egbert Sturm
  • Branko Uroševic

Abstract

The idea of a contract between generations forms the bedrock of an equitable social order, stability and sustainability. In many countries the public sector is now expected to replace the family by funding education and pensions, but social welfare models are facing major challenges. This chapter looks at how to preserve intergenerational fairness by tackling issues like demographic ageing, rising healthcare costs, blocked housing, labour market flexibility and emigration.

Suggested Citation

  • Torben M. Andersen & Giuseppe Bertola & John Driffill & Harold James & Hans-Werner Sinn & Jan-Egbert Sturm & Branko Uroševic, 2016. "Chapter 2: Intergenerational Fairness," EEAG Report on the European Economy, CESifo Group Munich, vol. 0, pages 54-69, February.
  • Handle: RePEc:ces:eeagre:v::y:2016:i::p:54-69
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    References listed on IDEAS

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    1. Becker, Gary S., 1992. "The Economic Way of Looking at Life," Nobel Prize in Economics documents 1992-1, Nobel Prize Committee.
    2. Paweł Kaczmarczyk & Marek Okólski, 2008. "Demographic and labour-market impacts of migration on Poland," Oxford Review of Economic Policy, Oxford University Press, vol. 24(3), pages 600-625, Autumn.
    3. Sinn, Hans-Werner, 2012. "The Green Paradox: A Supply-Side Approach to Global Warming," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262016680, January.
    4. Barbara Lipszyc & Etienne Sail & Ana Xavier, 2012. "Long-term care: need, use and expenditure in the EU-27," European Economy - Economic Papers 2008 - 2015 469, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission.
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