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The Political Economy of Intergenerational Cooperation

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  • Alessandro Cigno

Abstract

1. Introduction - 2. A normative benchmark. 2.1 Consumption and fertility in the spirit of J.S. Mill. 2.2. Consumption and fertility in the spirit of J. Bentham. 2.3. Normative implications of altruism - 3. The market. 3.1. A life-cycle model. 3.2 A dynastic model .- 4. The family. 4.1 Political economy of the family. 4.1.1. Family constitutions. 4.1.2 Picking a constitution. 4.2. Altruism within the family. 4.3 Heterogeneity, uncertainty, and the demand for attention - 5. Public transfers and population policy. 5.1. The state and the market. 5.2. The state, the market and the family - 6. Education. 6.1. Market equilibrium and education policy. 6.2 Families again - 7. Uncertainty and hidden actions. 7.1. Parents as government agents. 7.2. The government as principal. 7.3. Child bene…ts, scholarships and pensions. - 8 Political acceptability. 8.1. A social compact? 8.2. Direct democracy. 8.2.1. Voting over pensions. 8.2.2. Voting over the public debt. 8.3. Representative democracy. 8.3.1. Lobbying for pensions. 8.3.2. Lobbying for pensions and education.subsidies - 9. Conclusion - References.

Suggested Citation

  • Alessandro Cigno, 2003. "The Political Economy of Intergenerational Cooperation," CHILD Working Papers wp05_03, CHILD - Centre for Household, Income, Labour and Demographic economics - ITALY.
    • Handle: RePEc:wpc:wplist:wp05_03
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    Cited by:

    1. Jellal, Mohamed, 2009. "Family Institution and Filial Attention Contract," MPRA Paper 17713, University Library of Munich, Germany.
    2. J. Ignacio Conde-Ruiz & Eduardo L. Giménez & Mikel Pérez-Nievas, 2010. "Millian Efficiency with Endogenous Fertility," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 77(1), pages 154-187.
    3. Yang-Ming Chang, 2012. "Strategic transfers, redistributive fiscal policies, and family bonds: a micro-economic analysis," Journal of Population Economics, Springer;European Society for Population Economics, vol. 25(4), pages 1481-1502, October.
    4. Alessandro Cigno & Annalisa Luporini, 2011. "Optimal Family Policy in the Presence of Moral Hazard when the Quantity and Quality of Children are Stochastic," CESifo Economic Studies, CESifo Group, vol. 57(2), pages 349-364, June.
    5. Michele Boldrin & Ana Montes, 2009. "Assessing the efficiency of public education and pensions," Journal of Population Economics, Springer;European Society for Population Economics, vol. 22(2), pages 285-309, April.
    6. Birchenall, Javier A. & Soares, Rodrigo R., 2009. "Altruism, fertility, and the value of children: Health policy evaluation and intergenerational welfare," Journal of Public Economics, Elsevier, vol. 93(1-2), pages 280-295, February.
    7. Ana Fernandes, 2011. "Altruism, labor supply and redistributive neutrality," Journal of Population Economics, Springer;European Society for Population Economics, vol. 24(4), pages 1443-1469, October.
    8. Richard C. Barnett & Joydeep Bhattacharya & Mikko Puhakka, 2018. "Private versus public old-age security," Journal of Population Economics, Springer;European Society for Population Economics, vol. 31(3), pages 703-746, July.
    9. Ermisch, John, 2006. "Fairness in the family: implications for parent-adult child interactions," ISER Working Paper Series 2006-13, Institute for Social and Economic Research.
    10. 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.
    11. Cellarier, Laurent L., 2021. "Is landownership a ladder out of poverty?," World Development, Elsevier, vol. 146(C).
    12. Gil Epstein, 2006. "The political economy of population economics," Journal of Population Economics, Springer;European Society for Population Economics, vol. 19(2), pages 255-257, June.
    13. Alessandro Cigno & Annalisa Luporini, 2006. "Optimal Policy Towards Families with Different Amounts of Social Capital, in the Presence of Asymmetric Information and Stochastic Fertility," CESifo Working Paper Series 1664, CESifo.
    14. Wolff, François-Charles, 2006. "Les transferts ascendants au Bangladesh, une décision familiale?," L'Actualité Economique, Société Canadienne de Science Economique, vol. 82(1), pages 271-316, mars-juin.

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    More about this item

    Keywords

    Intergenerational Cooperation; Political Economy; Family; Pensions;
    All these keywords.

    JEL classification:

    • C10 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - General
    • D10 - Microeconomics - - Household Behavior - - - General
    • J10 - Labor and Demographic Economics - - Demographic Economics - - - General

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