Sharing the Wealth
Demographic Change and Economic Transfers between Generations
Published on 7. September 2000
Book
Hardback
424 pages
978-0-19-829620-1 (ISBN)
Description
This book is a collection of papers by leading scholars whose research concerns economic transfers between generations. The issues addressed have great relevance to demographic issues, particularly the determination of fertility, to economic issues, including equity and growth, and to public policy, especially social security reform. Part I focuses on intergenerational features of the macroeconomy. Advances in the construct ion of generational accounts are described and used to examine how the magnitude and direction of intergenerational transfers influences demographic behaviour, the distribution of income and the accumulation of wealth. Studies presented in Part II consider the role of the state as a provider of economic security for the elderly. The authors draw on international experience and discuss many of the issues that must be confronted if efforts to reform public pension programs are to be successful. Part III considers the intergenerational behaviour of the family. The authors examine competing theories in both industrialized and developing country settings to consider how demographic change, the development of financial institutions, public policy and other economic forces influence the amount, form and timing of intergenerational transfers.
Reviews / Votes
All of the essays in this book are informative, they hang together well, and the editors' introduction provides a valuable synthesis * Population and Development Review, Vol.27, No.4 *More details
Series
Language
English
Place of publication
Oxford
United Kingdom
Target group
Professional and scholarly
Illustrations
figures and tables
Dimensions
Height: 240 mm
Width: 161 mm
Thickness: 27 mm
Weight
804 gr
ISBN-13
978-0-19-829620-1 (9780198296201)
Copyright in bibliographic data and cover images is held by Nielsen Book Services Limited or by the publishers or by their respective licensors: all rights reserved.
Schweitzer Classification
Persons
Andrew Mason is Professor of Economics at the University of Hawaii at Manoa and Senior Fellow and former Director of the Program on Population at the East-West Center. He has served on advisory committees and as a consultant to the World Bank, the Asian Development Bank, the US National Academy of Sciences, the US Agency for International Development, and the United Nations.
Georges Tapinos is Professor of Economics at the Institut d'Etudes Politiques, Paris, and a former General Secretary of IUSSP.
Georges Tapinos is Professor of Economics at the Institut d'Etudes Politiques, Paris, and a former General Secretary of IUSSP.
Content
1. Introduction ; PART I: INTERGENERATIONAL ACCOUNTING ; 2. Intergenerational Transfers and the Economic Life Cycle: A Cross-cultural Perspective ; 3. Dynasties, Intergenerational Transfers, and Life-cycle Income: A Case Study of Taiwan ; 4. Demographic Change, Generational Accounts, and National Saving in the United States ; PART II: GOVERNMENT-FUNDED PENSION PROGRAMMES ; 5. On the Rate of Return of Unfunded Pension Systems ; 6. Moving Social Security towards Fully Funded Schemes: Who Pays the Cost? ; 7. The Political Economy of Two Chilean Pension Systems ; 8. Pensions and Generational Histories in a Simple Demo-economic Model: The Case of France ; 9. Demographic Uncertainty and the OASDI Trust Funds of the United States ; PART III: THE FAMILY AND INTERGENERATIONAL TRANSFERS ; 10. Financial Intermediation, Transfers, and Commitment: Do Banks Crowd Out Private Insurance Arrangements in Low-Income Rural Areas ; 11. Self-enforcing Family Constitutions: Implications for Saving, Fertility, and Social Security ; 12. Wealth Accumulation, Fertility, and Transfers to Elderly Household Heads in Peru ; 13. Support between Rural Parents and Migrant Children in a Rapidly Industrializing Society: South Korea ; 14. The Effects of Income and Wealth on Time and Money Transfers between Parents and Children ; 15. Housing Inheritance: An Empirical Analysis of French Data