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A constitutional theory of the family
Cigno, Alessandro - 2005
renegotiation-proof. Second, it introduces parental altruism. The behavioural and policy implications are illustrated by showing the … effects of public pensions and credit rationing. These implications are not much affected by whether altruism is assumed or …
Persistent link: https://www.econbiz.de/10010267482
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Is There Such a Thing as a Family Constitution? : A Test Based on Credit Rationing
Cigno, Alessandro; Giannelli, Gianna Claudia; Rosati, … - 2004
The paper aims to ascertain whether voluntary money transfers may be explained by the existence of self-enforcing family constitutions. We identify a circumstance in which an agent will behave differently if she is optimizing subject to a family constitution, than if she is moved by either...
Persistent link: https://www.econbiz.de/10010273995
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A Constitutional Theory of the Family
Cigno, Alessandro - Institute for the Study of Labor (IZA) - 2005
renegotiation-proof. Second, it introduces parental altruism. The behavioural and policy implications are illustrated by showing the … effects of public pensions and credit rationing. These implications are not much affected by whether altruism is assumed or …
Persistent link: https://www.econbiz.de/10005762141
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Is There Such a Thing as a Family Constitution? A Test Based on Credit Rationing
Cigno, Alessandro; Giannelli, Gianna C.; Rosati, Furio C.; … - Institute for the Study of Labor (IZA) - 2004
The paper aims to ascertain whether voluntary money transfers may be explained by the existence of self-enforcing family constitutions. We identify a circumstance in which an agent will behave differently if she is optimizing subject to a family constitution, than if she is moved by either...
Persistent link: https://www.econbiz.de/10005762423
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A constitutional theory of the family
Cigno, Alessandro - Centre for Household, Income, Labour and Demographic … - 2005
-proof. Second, it introduces parental altruism. The behavioural and policy implications are illustrated by showing the effects of … public pensions and credit rationing. These implications are not much affected by whether altruism is assumed or not, but …
Persistent link: https://www.econbiz.de/10005518904
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A constitutional theory of the family
Cigno, Alessandro (contributor) - 2005
renegotiation-proof. Second, it introduces parental altruism. The behavioural and policy implications are illustrated by showing the … effects of public pensions and credit rationing. These implications are not much affected by whether altruism is assumed or … ; renegotiation-proofness ; altruism ; fertility ; saving ; transfers ; attention ; pensions ; credit rationing …
Persistent link: https://www.econbiz.de/10003260821
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How to avoid a pension crisis: a question of intelligent system design
Cigno, Alessandro - 2009
Conventional pension systems suffer from a design defect which makes them financially unsustainable, and a source of inefficiency for the economy as a whole. The paper outlines a second-best policy which includes a public pension system made up of two parallel schemes, a Bismarckian one allowing...
Persistent link: https://www.econbiz.de/10010264592
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How to Avoid a Pension Crisis: A Question of Intelligent System Design
Cigno, Alessandro - 2009
Conventional pension systems suffer from a design defect which makes them financially unsustainable, and a source of inefficiency for the economy as a whole. The paper outlines a second-best policy which includes a public pension system made up of two parallel schemes, a Bismarckian one allowing...
Persistent link: https://www.econbiz.de/10010331423
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How to Avoid a Pension Crisis: A Question of Intelligent System Design
Cigno, Alessandro - Institute for the Study of Labor (IZA) - 2009
Conventional pension systems suffer from a design defect which makes them financially unsustainable, and a source of inefficiency for the economy as a whole. The paper outlines a second-best policy which includes a public pension system made up of two parallel schemes, a Bismarckian one allowing...
Persistent link: https://www.econbiz.de/10008632739
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How to avoid a pension crisis: A question of intelligent system design.
Cigno, Alessandro - Centre for Household, Income, Labour and Demographic … - 2009
Conventional pension systems suffer from a design defect which makes them financially unsustainable, and a source of inefficiency for the economy as a whole. The paper outlines a second-best policy which includes a public pension system made up of two parallel schemes, a Bismarckian one allowing...
Persistent link: https://www.econbiz.de/10005518866