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The Intergenerational Transmission of Welfare Dependency

de Haan, Monique - 2018

parental welfare participation for children from marginal welfare participants, we know very little about intergenerational … spillovers of welfare participation onto the children of average welfare participants. By combining rich administrative data from … welfare participation on children's welfare participation in the general population, as well as the average causal effect for …

Persistent link: https://www.econbiz.de/10012912430

Risk Sharing in Defined-Contribution Funded Pension Systems

Beetsma, Roel - 2011

This paper explores the introduction of collective risk-sharing elements in defined contribution pension contracts. We consider status-contingent, age-contingent and asset contingent risk-sharing arrangements. All arrangements raise aggregate welfare, as measured by equivalent variations. While...

Persistent link: https://www.econbiz.de/10013118167

Inter- and Intra-generational Consequences of Pension Buffer Policy under Demographic, Financial and Economic Shocks

Bucciol, Alessandro - 2009

are generally non-negligible. They also differ rather widely for the various cohort/income groups. Our stochastic …

Persistent link: https://www.econbiz.de/10013156226

Combining Rights and Welfarism : A New Approach to Intertemporal Evaluation of Social Alternatives

Van Long, Ngo - 2013

We propose a new criterion which reflects both the concern for welfare (utility) and the concern for rights in the evaluation of economic development paths. The concern for rights is captured by a pre-ordering over combinations of thresholds (floors or ceilings on various quantitative...

Persistent link: https://www.econbiz.de/10013091469

Intergenerational Risk-Sharing Through Funded Pensions and Public Debt

Chen, Damiaan H. J. - 2014

We explore the benefits of intergenerational risk-sharing through both private funded pensions and via the public debt. We use a multi-period overlapping generations model with a PAYG pension pillar, a funded pension pillar and a government. Shocks are smoothed via the public debt and variations...

Persistent link: https://www.econbiz.de/10013058155

Trading Off Generations : Infinitely Lived Agent Versus OLG

Schneider, Maik T. - 2012

The prevailing literature discusses intergenerational trade-offs in climate change predominantly in terms of the Ramsey equation relying on the infinitely lived agent model. We discuss these trade-offs in a continuous time OLG framework and relate our results to the infinitely lived agent...

Persistent link: https://www.econbiz.de/10013110081

Après Nous Le Déluge? Direct Democracy and Intergenerational Conflicts in Ageing Societies

Ahlfeldt, Gabriel M. - 2016

To assess the likely effects of population ageing on the outcomes of direct democracy, we analyze the effect of age on voting decisions in public referenda. To this end, we provide the first quantitative review of the literature and a case study of the Stuttgart 21 referendum on one of the...

Persistent link: https://www.econbiz.de/10012996260

The Intergenerational Welfare State

Andersen, Torben M. - 2013

The welfare state is not merely a stand-in for missing markets; it can do a whole lot more. When generations overlap and the young must borrow to make educational investments, a dynamically-efficient welfare state, by taxing the middle-aged and offering a compensatory old-age pension, can...

Persistent link: https://www.econbiz.de/10013077021

The Trade-Off between Intra- and Intergenerational Equity in Climate Policy

Kverndokk, Snorre; Nævdal, Eric; Nøstbakken, Linda - 2021

This paper focuses on two equity dimensions of climate policy, intra- and intergenerational equity, and analyzes the implications of equity preferences on climate policy, and on the production and consumption patterns in rich and poor countries. We develop a dynamic two-region model, in which...

Persistent link: https://www.econbiz.de/10013315754

Provision of a Public Good with Altruistic Overlapping Generations and Many Tribes

Karp, Larry S. - 2021

Intergenerational altruism and contemporaneous cooperation are both important to the provision of long-lived public goods. Equilibrium climate protection may depend more sensitively on either of these considerations, depending on the type of policy rule one examines. This conclusion is based on...

Persistent link: https://www.econbiz.de/10013315881