Social Security and Family Support
Marie-Louise Leroux
(1, 2)
,
Pierre Pestieau
(3, 4, 1, 5)
Résumé
This paper shows how the role of the market, the state and the family in providing old-age support has evolved over time with changes in factors such as the reliability and the effectiveness of family support, the interest rate, the cost of public funds, and earning inequality. Agents with different productivity vote over the size of a Beveridgian pension system. When children assistance is certain, agents may rely exclusively on family and prefer no pension. However, when the size and the probability of family generosity decrease, social security is more likely to emerge.
Domaines
Economies et financesFormat du dépôt | Notice |
---|---|
Type de dépôt | Article dans une revue |
Titre |
en
Social Security and Family Support
|
Résumé |
en
This paper shows how the role of the market, the state and the family in providing old-age support has evolved over time with changes in factors such as the reliability and the effectiveness of family support, the interest rate, the cost of public funds, and earning inequality. Agents with different productivity vote over the size of a Beveridgian pension system. When children assistance is certain, agents may rely exclusively on family and prefer no pension. However, when the size and the probability of family generosity decrease, social security is more likely to emerge.
|
Auteur(s) |
Marie-Louise Leroux
1, 2
, Pierre Pestieau
3, 4, 1, 5
1
CORE -
Center of Operation Research and Econometrics [Louvain]
( 48233 )
- 34, Voie du Roman Pays B-1348 Louvain-la-Neuve
- Belgique
2
CIRPEE -
Centre interuniversitaire sur le risque, les politiques économiques et l'emploi
( 129434 )
- 3000, chemin de la Côte-Sainte-Catherine, Montréal (Québec) CANADA H3T 2A7
- Canada
3
PSE -
Paris School of Economics
( 301309 )
- 48 boulevard Jourdan 75014 Paris
- France
4
PSE -
Paris-Jourdan Sciences Economiques
( 139754 )
- 48 boulevard Jourdan 75014 Paris
- France
5
CEPR -
Center for Economic Policy Research
( 143559 )
- Royaume-Uni
|
Langue du document |
Anglais
|
Nom de la revue |
|
Vulgarisation |
Non
|
Comité de lecture |
Oui
|
Audience |
Internationale
|
Date de publication |
2014-02
|
Volume |
47
|
Numéro |
1
|
Page/Identifiant |
115-143
|
Domaine(s) |
|
Mots-clés (JEL) |
|
Mots-clés |
en
Family, Market, family support, Pension
|
DOI | 10.1111/caje.12068 |
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