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The Political Economy of Intergenerational Cooperation

  • Alessandro Cigno

    ()

1. Introduction - 2. A normative benchmark. 2.1 Consumption and fertility in the spirit of J.S. Mill. 2.2. Consumption and fertility in the spirit of J. Bentham. 2.3. Normative implications of altruism - 3. The market. 3.1. A life-cycle model. 3.2 A dynastic model .- 4. The family. 4.1 Political economy of the family. 4.1.1. Family constitutions. 4.1.2 Picking a constitution. 4.2. Altruism within the family. 4.3 Heterogeneity, uncertainty, and the demand for attention - 5. Public transfers and population policy. 5.1. The state and the market. 5.2. The state, the market and the family - 6. Education. 6.1. Market equilibrium and education policy. 6.2 Families again - 7. Uncertainty and hidden actions. 7.1. Parents as government agents. 7.2. The government as principal. 7.3. Child bene…ts, scholarships and pensions. - 8 Political acceptability. 8.1. A social compact? 8.2. Direct democracy. 8.2.1. Voting over pensions. 8.2.2. Voting over the public debt. 8.3. Representative democracy. 8.3.1. Lobbying for pensions. 8.3.2. Lobbying for pensions and education.subsidies - 9. Conclusion - References.

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Paper provided by CHILD - Centre for Household, Income, Labour and Demographic economics - ITALY in its series CHILD Working Papers with number wp05_03.

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Length: 69 pages
Date of creation: May 2003
Date of revision:
Handle: RePEc:wpc:wplist:wp05_03
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  1. Baland, Jean-Marie & Robinson, James A., 2002. "Rotten parents," Journal of Public Economics, Elsevier, vol. 84(3), pages 341-356, June.
    • Baland, J.M. & Robinson, J.A., 1998. "Rotten Parents," Papers 207, Notre-Dame de la Paix, Sciences Economiques et Sociales.
  2. Joseph Farrell and Eric Maskin., 1987. "Renegotiation in Repeated Games," Economics Working Papers 8759, University of California at Berkeley.
  3. Docquier, Frederic & Michel, Philippe, 1999. " Education Subsidies, Social Security and Growth: The Implications of a Demographic Shock," Scandinavian Journal of Economics, Wiley Blackwell, vol. 101(3), pages 425-40, September.
  4. Verbon, Harrie, 1993. "Public Pensions: The Role of Public Choice and Expectations," Journal of Population Economics, Springer, vol. 6(2), pages 123-35, May.
  5. Alessandro Balestrino & Alessandro Cigno & Anna Pettini, 2002. "Endogenous Fertility and the Design of Family Taxation," International Tax and Public Finance, Springer, vol. 9(2), pages 175-193, March.
  6. Robert Kollmann, 1997. "Endogenous fertility in a model with non-dynastic parental altruism," Journal of Population Economics, Springer, vol. 10(1), pages 87-95.
  7. Pecchenino, R.A., 1994. "Social Security, Social Welfare and the Aging Population," Papers 9403, Michigan State - Econometrics and Economic Theory.
  8. Hansson, Ingemar & Stuart, Charles, 1989. "Social Security as Trade among Living Generations," American Economic Review, American Economic Association, vol. 79(5), pages 1182-95, December.
  9. Martin Kolmar, 1997. "Intergenerational redistribution in a small open economy with endogenous fertility," Journal of Population Economics, Springer, vol. 10(3), pages 335-356.
  10. Caillaud, B. & Cohen, D., 2000. "Inter-generational transfers and common values in a society," European Economic Review, Elsevier, vol. 44(4-6), pages 1091-1103, May.
  11. Esteban Joan Maria & Sakovics Jozsef, 1993. "Intertemporal Transfer Institutions," Journal of Economic Theory, Elsevier, vol. 61(2), pages 189-205, December.
  12. BOLDRIN, Michele & RUSTICHINI, Aldo, 1994. "Equilibria with Social Security," CORE Discussion Papers 1994060, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
  13. Eckstein, Zvi & Wolpin, Kenneth I., 1985. "Endogenous fertility and optimal population size," Journal of Public Economics, Elsevier, vol. 27(1), pages 93-106, June.
  14. Stiglitz, Joseph E & Weiss, Andrew, 1981. "Credit Rationing in Markets with Imperfect Information," American Economic Review, American Economic Association, vol. 71(3), pages 393-410, June.
  15. Guido Tabellini, 1989. "The Politics of Intergenerational Redistribution," NBER Working Papers 3058, National Bureau of Economic Research, Inc.
  16. Breyer, Friedrich, 1994. "The political economy of intergenerational redistribution," European Journal of Political Economy, Elsevier, vol. 10(1), pages 61-84, May.
  17. van Groezen, Bas & Leers, Theo & Meijdam, Lex, 2003. "Social security and endogenous fertility: pensions and child allowances as siamese twins," Journal of Public Economics, Elsevier, vol. 87(2), pages 233-251, February.
  18. Veall, Michael R., 1986. "Public pensions as optimal social contracts," Journal of Public Economics, Elsevier, vol. 31(2), pages 237-251, November.
  19. Andreas Wagener, 2003. "Pensions as a portfolio problem: fixed contribution rates vs. fixed replacement rates reconsidered," Journal of Population Economics, Springer, vol. 16(1), pages 111-134, 02.
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