Intergenerational Transfer Schemes as Incomplete Social Contracts
Author
Abstract
Suggested Citation
DOI: 10.1023/A:1020858920044
Download full text from publisher
As the access to this document is restricted, you may want to search for a different version of it.
References listed on IDEAS
- Hart, Oliver D & Moore, John, 1988.
"Incomplete Contracts and Renegotiation,"
Econometrica, Econometric Society, vol. 56(4), pages 755-785, July.
- Hardman Moore, John & Hart, Oliver, 1985. "Incomplete Contracts and Renegotiation," CEPR Discussion Papers 60, C.E.P.R. Discussion Papers.
- Oliver Hart & John Moore, 1985. "Incomplete Contracts and Renegotiation," Working papers 367, Massachusetts Institute of Technology (MIT), Department of Economics.
- Rubinstein, Ariel & Wolinsky, Asher, 1992.
"Renegotiation-Proof Implementation and Time Preferences,"
American Economic Review, American Economic Association, vol. 82(3), pages 600-614, June.
- Ariel Rubinstein & Asher Wolinsky, 1989. "Renegotiation-Proof Implementation and Time Preferences," Discussion Papers 850, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
- Ariel Rubinstein & Asher Wolinsky, 1990. "Renegotiation-Proof Implementation and Time Preferences," STICERD - Theoretical Economics Paper Series 215, Suntory and Toyota International Centres for Economics and Related Disciplines, LSE.
- Michihiro Kandori, 1992. "Repeated Games Played by Overlapping Generations of Players," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 59(1), pages 81-92.
- Torsten Persson & Gérard Roland & Guido Tabellini, 1997.
"Separation of Powers and Political Accountability,"
The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 112(4), pages 1163-1202.
- Torsten Persson & Gerard Roland & Guido Tabellini, "undated". "Separation of Powers and Political Accountability," Working Papers 100, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University.
- Torsten Persson & Gerard Roland & Guido Tabellini, 1997. "Separation of Powers and Political Accountability," CESifo Working Paper Series 136, CESifo.
- Howarth, Richard B., 1991. "Intergenerational competitive equilibria under technological uncertainty and an exhaustible resource constraint," Journal of Environmental Economics and Management, Elsevier, vol. 21(3), pages 225-243, November.
- Tirole, Jean, 1994.
"The Internal Organization of Government,"
Oxford Economic Papers, Oxford University Press, vol. 46(1), pages 1-29, January.
- Tirole, J., 1993. "The Internal Organization of Government," Working papers 93-11, Massachusetts Institute of Technology (MIT), Department of Economics.
- Tabellini, Guido, 1991.
"The Politics of Intergenerational Redistribution,"
Journal of Political Economy, University of Chicago Press, vol. 99(2), pages 335-357, April.
- Guido Tabellini, 1989. "The Politics of Intergenerational Redistribution," NBER Working Papers 3058, National Bureau of Economic Research, Inc.
- Antonio Rangel, 1999.
"Forward and Backward Intergenerational Goods: A Theory of Intergenerational Exchange,"
Working Papers
00001, Stanford University, Department of Economics.
- Antonio Rangel, 2000. "Forward and Backward Intergenerational Goods: A Theory of Intergenerational Exchange," NBER Working Papers 7518, National Bureau of Economic Research, Inc.
- Nishimura, Kazuo & Zhang, Junsen, 1992.
"Pay-as-you-go public pensions with endogenous fertility,"
Journal of Public Economics, Elsevier, vol. 48(2), pages 239-258, July.
- Nishimura, K. & Zhang, J., 1990. "Pay-As-You-Go Public Pensions With Endogenous Fertility," Papers 202, Australian National University - Department of Economics.
- Paul A. Samuelson, 1958. "An Exact Consumption-Loan Model of Interest with or without the Social Contrivance of Money," Journal of Political Economy, University of Chicago Press, vol. 66(6), pages 467-467.
- Jacobus A. Doeleman & Todd Sandler, 1998.
"The Intergenerational Case of Missing Markets and Missing Voters,"
Land Economics, University of Wisconsin Press, vol. 74(1), pages 1-15.
- Sandler, Todd & Doeleman, Jacobus A., 1998. "The Intergenerational Case of Missing Markets and Missing Voters," Staff General Research Papers Archive 1217, Iowa State University, Department of Economics.
- Altonji, Joseph G & Hayashi, Fumio & Kotlikoff, Laurence J, 1997.
"Parental Altruism and Inter Vivos Transfers: Theory and Evidence,"
Journal of Political Economy, University of Chicago Press, vol. 105(6), pages 1121-1166, December.
- Joseph G. Altonji & Fumio Hayashi & Laurence Kotlikoff, "undated". "Parental Altruism and Inter Vivos Transfers: Theory and Evidence," IPR working papers 95-22, Institute for Policy Resarch at Northwestern University.
- Joseph G. Altonji & Fumio Hayashi & Laurence Kotlikoff, 1995. "Parental Altruism and Inter Vivos Transfers: Theory and Evidence," NBER Working Papers 5378, National Bureau of Economic Research, Inc.
- Joseph G. Altonji & Fumio Hayashi & Laurence J. Kotlikoff, 1995. "Parental Altruism and Inter Vivos Transfers: Theory and Evidence," Boston University - Institute for Economic Development 65, Boston University, Institute for Economic Development.
- Tai-Yeong Chung, 1991. "Incomplete Contracts, Specific Investments, and Risk Sharing," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 58(5), pages 1031-1042.
- Hansson, Ingemar & Stuart, Charles, 1989. "Social Security as Trade among Living Generations," American Economic Review, American Economic Association, vol. 79(5), pages 1182-1195, December.
- Costas Azariadis & Vincenzo Galasso, 1998. "Constitutional “Rules” and Intergenerational Fiscal Policy," Constitutional Political Economy, Springer, vol. 9(1), pages 67-74, March.
- Altonji, Joseph G & Hayashi, Fumio & Kotlikoff, Laurence J, 1992.
"Is the Extended Family Altruistically Linked? Direct Tests Using Micro Data,"
American Economic Review, American Economic Association, vol. 82(5), pages 1177-1198, December.
- Joseph G. Altonji & Fumio Hayashi & Laurence J. Kotlikoff, 1989. "Is the Extended Family Altruistically Linked? Direct Tests Using Micro Data," NBER Working Papers 3046, National Bureau of Economic Research, Inc.
- Verbon, H. A. A., 1988. "Explaining pay-as-you-go financed public pension systems," Economics Letters, Elsevier, vol. 28(2), pages 181-187.
- Esteban Joan Maria & Sakovics Jozsef, 1993.
"Intertemporal Transfer Institutions,"
Journal of Economic Theory, Elsevier, vol. 61(2), pages 189-205, December.
- Esteban, J.M. & sakovics, J., 1992. "Intertemp[oral Transfer Institutions," UFAE and IAE Working Papers 172.92, Unitat de Fonaments de l'Anàlisi Econòmica (UAB) and Institut d'Anàlisi Econòmica (CSIC).
- Browning, Edgar K, 1975. "Why the Social Insurance Budget Is Too Large in a Democracy," Economic Inquiry, Western Economic Association International, vol. 13(3), pages 373-388, September.
- Cigno, Alessandro, 1993. "Intergenerational transfers without altruism : Family, market and state," European Journal of Political Economy, Elsevier, vol. 9(4), pages 505-518, November.
- Eric Maskin & Jean Tirole, 1999. "Unforeseen Contingencies and Incomplete Contracts," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 66(1), pages 83-114.
- Diamond, P. A., 1977. "A framework for social security analysis," Journal of Public Economics, Elsevier, vol. 8(3), pages 275-298, December.
- Hart, Oliver, 1995. "Firms, Contracts, and Financial Structure," OUP Catalogue, Oxford University Press, number 9780198288817.
- Becker, Gary S & Murphy, Kevin M, 1988.
"The Family and the State,"
Journal of Law and Economics, University of Chicago Press, vol. 31(1), pages 1-18, April.
- Gary S. Becker & Kevin M. Murphy, "undated". "The Family and the State," University of Chicago - Population Research Center 87-15, Chicago - Population Research Center.
- Nöldeke, Georg & Schmidt, Klaus M., 1995. "Option contracts and renegotiation," Munich Reprints in Economics 19329, University of Munich, Department of Economics.
- 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.
- Salant, David J., 1991. "A repeated game with finitely lived overlapping generations of players," Games and Economic Behavior, Elsevier, vol. 3(2), pages 244-259, May.
- Kreps, David M & Porteus, Evan L, 1978.
"Temporal Resolution of Uncertainty and Dynamic Choice Theory,"
Econometrica, Econometric Society, vol. 46(1), pages 185-200, January.
- David M Kreps & Evan L Porteus, 1978. "Temporal Resolution of Uncertainty and Dynamic Choice Theory," Levine's Working Paper Archive 625018000000000009, David K. Levine.
- Veall, Michael R., 1986. "Public pensions as optimal social contracts," Journal of Public Economics, Elsevier, vol. 31(2), pages 237-251, November.
- Michele Boldrin & Aldo Rustichini, 2000. "Political Equilibria with Social Security," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 3(1), pages 41-78, January.
- Edlin, Aaron S & Reichelstein, Stefan, 1996.
"Holdups, Standard Breach Remedies, and Optimal Investment,"
American Economic Review, American Economic Association, vol. 86(3), pages 478-501, June.
- Aaron S. Edlin & Stefan Reichelstein, 1995. "Holdups, Standard Breach Remedies, and Optimal Investment," NBER Working Papers 5007, National Bureau of Economic Research, Inc.
- Kotlikoff, Laurence J & Persson, Torsten & Svensson, Lars E O, 1988. "Social Contracts as Assets: A Possible Solution to the Time-Consistency Problem," American Economic Review, American Economic Association, vol. 78(4), pages 662-677, September.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Ivo Bischoff & Nataliya Kusa, 2015. "Policy preferences for inheritance taxation," MAGKS Papers on Economics 201531, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung).
- Gersbach Hans, 2012.
"Contractual Democracy,"
Review of Law & Economics, De Gruyter, vol. 8(3), pages 823-851, December.
- Gersbach, Hans, 2008. "Contractual Democracy," CEPR Discussion Papers 6763, C.E.P.R. Discussion Papers.
- Ivo Bischoff & Nataliya Kusa, 2016. "Should wealth transfers be taxed? Citizens’ view on a fundamental question," MAGKS Papers on Economics 201636, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung).
- Gersbach, Hans & Kleinschmidt, Tobias, 2009. "Power to youth: Designing democracy for long-term well-being," Mathematical Social Sciences, Elsevier, vol. 58(2), pages 158-172, September.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Grégory De Walque, 2005.
"Voting on Pensions: A Survey,"
Journal of Economic Surveys, Wiley Blackwell, vol. 19(2), pages 181-209, April.
- Grégory de Walque, 2004. "Voting on pensions: a survey," Working Paper Research 62, National Bank of Belgium.
- Cigno, A., 2016.
"Conflict and Cooperation Within the Family, and Between the State and the Family, in the Provision of Old-Age Security,"
Handbook of the Economics of Population Aging, in: Piggott, John & Woodland, Alan (ed.), Handbook of the Economics of Population Aging, edition 1, volume 1, chapter 0, pages 609-660,
Elsevier.
- Alessandro Cigno, 2014. "Conflict and Cooperation within the Family, and between the State and the Family, in the Provision of Old-Age Security," CHILD Working Papers Series 22, Centre for Household, Income, Labour and Demographic Economics (CHILD) - CCA.
- Ilya Segal & Michael D.Whinston, 2012. "Property Rights [The Handbook of Organizational Economics]," Introductory Chapters,, Princeton University Press.
- Lakshmi K. Raut, 1996. "Subgame perfect manipulation of children by overlapping generations of agents with two-sided altruism and endogenous fertility," Labor and Demography 9604003, University Library of Munich, Germany.
- Galasso, Vincenzo & Profeta, Paola, 2002. "The political economy of social security: a survey," European Journal of Political Economy, Elsevier, vol. 18(1), pages 1-29, March.
- Robert Gibbons & John Roberts, 2012. "The Handbook of Organizational Economics," Economics Books, Princeton University Press, edition 1, volume 1, number 9889.
- Chongwoo Choe, 2006. "Optimal CEO Compensation: Some Equivalence Results," Journal of Labor Economics, University of Chicago Press, vol. 24(1), pages 171-201, January.
- Rizzo, Giuseppe, 2009. "Fertility and pension systems," MPRA Paper 12998, University Library of Munich, Germany.
- Lakshmi K Raut, 1997.
"Learning to Perfect Manipulation: Implications for Fertility, Savings, and Old-Age Social Security,"
Working Papers
199704, University of Hawaii at Manoa, Department of Economics.
- Lakshmi K. Raut, 1997. "Learning to Perfect Manipulation: Implications for Fertility, Savings, and Old-Age Social Security," Labor and Demography 9705003, University Library of Munich, Germany.
- Lakshmi K Raut, 1997. "Learning to Perfect Manipulation: Implications for Fertility, Savings, and Old-Age Social Security," Levine's Working Paper Archive 597, David K. Levine.
- Patrick W. Schmitz, 2005.
"Should Contractual Clauses that Forbid Renegotiation Always be Enforced?,"
The Journal of Law, Economics, and Organization, Oxford University Press, vol. 21(2), pages 315-329, October.
- Schmitz, Patrick W., 2005. "Should Contractual Clauses that Forbid Renegotiation Always be Enforced?," CEPR Discussion Papers 5292, C.E.P.R. Discussion Papers.
- Schmitz, Patrick W., 2005. "Should Contractual Clauses that Forbid Renegotiation Always be Enforced?," Bonn Econ Discussion Papers 26/2005, University of Bonn, Bonn Graduate School of Economics (BGSE).
- repec:eee:labchp:v:3:y:1999:i:pb:p:2291-2372 is not listed on IDEAS
- Schmitz, Patrick W, 2001.
"The Hold-up Problem and Incomplete Contracts: A Survey of Recent Topics in Contract Theory,"
Bulletin of Economic Research, Wiley Blackwell, vol. 53(1), pages 1-17, January.
- Schmitz, Patrick W., 2001. "The Hold-Up Problem and Incomplete Contracts: A Survey of Recent Topics in Contract Theory," MPRA Paper 12562, University Library of Munich, Germany.
- Michele Boldrin & Aldo Rustichini, 2000. "Political Equilibria with Social Security," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 3(1), pages 41-78, January.
- Antonio Rangel, 1999.
"Forward and Backward Intergenerational Goods: A Theory of Intergenerational Exchange,"
Working Papers
00001, Stanford University, Department of Economics.
- Antonio Rangel, 2000. "Forward and Backward Intergenerational Goods: A Theory of Intergenerational Exchange," NBER Working Papers 7518, National Bureau of Economic Research, Inc.
- Yeon-Koo Che & Jozsef Sakovics, 2006. "The Hold-up Problem," Edinburgh School of Economics Discussion Paper Series 142, Edinburgh School of Economics, University of Edinburgh.
- Hoppe, Eva I. & Schmitz, Patrick W., 2011.
"Can contracts solve the hold-up problem? Experimental evidence,"
Games and Economic Behavior, Elsevier, vol. 73(1), pages 186-199, September.
- Schmitz, Patrick W. & Hoppe-Fischer, Eva, 2009. "Can Contracts Solve the Hold-Up Problem? Experimental Evidence," CEPR Discussion Papers 7205, C.E.P.R. Discussion Papers.
- Schmitz, Patrick W., 2002.
"Simple contracts, renegotiation under asymmetric information, and the hold-up problem,"
European Economic Review, Elsevier, vol. 46(1), pages 169-188, January.
- Schmitz, Patrick W., 2002. "On simple contracts, renegotiation under asymmetric information, and the hold-up problem," MPRA Paper 12530, University Library of Munich, Germany.
- Persson, Torsten & Tabellini, Guido, 2002.
"Political economics and public finance,"
Handbook of Public Economics, in: A. J. Auerbach & M. Feldstein (ed.), Handbook of Public Economics, edition 1, volume 3, chapter 24, pages 1549-1659,
Elsevier.
- Torsten Persson & Guido Tabellini, "undated". "Political Economics and Public Finance," Working Papers 149, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University.
- Torsten Persson & Guido Tabellini, 1999. "Political Economics and Public Finance," NBER Working Papers 7097, National Bureau of Economic Research, Inc.
- Persson, Torsten & Tabellini, Guido, 1999. "Political Economics and Public Finance," CEPR Discussion Papers 2235, C.E.P.R. Discussion Papers.
- Stephanie Rosenkranz & Patrick W. Schmitz, 2007.
"Can Coasean Bargaining Justify Pigouvian Taxation?,"
Economica, London School of Economics and Political Science, vol. 74(296), pages 573-585, November.
- Rosenkranz, Stephanie & Schmitz, Patrick W., 2004. "Can Coasean Bargaining Justify Pigouvian Taxation?," CEPR Discussion Papers 4263, C.E.P.R. Discussion Papers.
- Rosenkranz, Stephanie & Schmitz, Patrick W., 2006. "Can Coasean bargaining justify Pigouvian taxation?," Bonn Econ Discussion Papers 7/2006, University of Bonn, Bonn Graduate School of Economics (BGSE).
- Surajeet Chakravarty & W. Bentley MacLeod, 2006.
"Construction Contracts (or “How to Get the Right Building at the Right Price?”),"
CESifo Working Paper Series
1714, CESifo.
- Chakravarty, Surajeet & MacLeod, W. Bentley, 2006. "Construction Contracts (or: "How to Get the Right Building at the Right Price?")," IZA Discussion Papers 2125, Institute of Labor Economics (IZA).
- Panu Poutvaara, 2006.
"On the political economy of social security and public education,"
Journal of Population Economics, Springer;European Society for Population Economics, vol. 19(2), pages 345-365, June.
- Panu Poutvaara, 2001. "On the Political Economy of Social Security and Public Education," CESifo Working Paper Series 424, CESifo.
- Poutvaara, Panu, 2004. "On the Political Economy of Social Security and Public Education," IZA Discussion Papers 1408, Institute of Labor Economics (IZA).
- Poutvaara, Panu, 2006. "On the political economy of social security and public education," Munich Reprints in Economics 19551, University of Munich, Department of Economics.
- Panu Poutvaara, 2003. "On the Political Economy of Social Security and Public Education," Public Economics 0303001, University Library of Munich, Germany.
More about this item
Keywords
intergenerational transfers; incomplete contracts; social contracts;All these keywords.
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:kap:copoec:v:13:y:2002:i:4:p:337-359. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.