Does Social Security Crowd Out Private Savings? The Case of Bismarck’s System of Social Insurance
Author
Abstract
Suggested Citation
DOI: 10.18452/5502
Download full text from publisher
References listed on IDEAS
- Guinnane, Timothy W. & Streb, Jochen, 2015. "Incentives That (Could Have) Saved Lives: Government Regulation of Accident Insurance Associations in Germany, 1884–1914," The Journal of Economic History, Cambridge University Press, vol. 75(4), pages 1196-1227, December.
- Jopp, Tobias Alexander, 2012. "Insurance, size and exposure to actuarial risk: empirical evidence from nineteenth- and early twentieth-century German Knappschaften1," Financial History Review, Cambridge University Press, vol. 19(1), pages 75-116, April.
- Guinnane, Timothy W. & Streb, Jochen, 2011.
"Moral Hazard in a Mutual Health Insurance System: German Knappschaften, 1867–1914,"
The Journal of Economic History, Cambridge University Press, vol. 71(1), pages 70-104, March.
- Timothy W. Guinnane & Jochen Streb, 2009. "Moral hazard in a mutual health-insurance system: German Knappschaften, 1867-1914," Working Papers 978, Economic Growth Center, Yale University.
- Guinnane, Timothy W. & Streb, Jochen, 2010. "Moral Hazard in a Mutual Health-Insurance System: German Knappschaften, 1867–1914," Ruhr Economic Papers 163, RWI - Leibniz-Institut für Wirtschaftsforschung, Ruhr-University Bochum, TU Dortmund University, University of Duisburg-Essen.
- Guinnane, Timothy W. & Streb, Jochen, 2009. "Moral Hazard in a Mutual Health-Insurance System: German Knappschaften, 1867-1914," Center Discussion Papers 54533, Yale University, Economic Growth Center.
- Guinnane, Timothy & Streb, Jochen, 2009. "Moral Hazard in a Mutual Health-Insurance System: German Knappschaften, 1867-1914," Working Papers 70, Yale University, Department of Economics.
- Philip Cagan, 1965. "The Effect of Pension Plans on Aggregate Saving: Evidence from a Sample Survey," NBER Books, National Bureau of Economic Research, Inc, number caga65-2, February.
- Feldstein, Martin S, 1974. "Social Security, Induced Retirement, and Aggregate Capital Accumulation," Journal of Political Economy, University of Chicago Press, vol. 82(5), pages 905-926, Sept./Oct.
- Tobias A. Jopp, 2016. "After us, the deluge: German miners’ experience with pay-as-you-go pensions and the intergenerational contract before the great inflation," Economic History Review, Economic History Society, vol. 69(3), pages 972-998, August.
- David M. Cutler & Jonathan Gruber, 1996. "Does Public Insurance Crowd out Private Insurance?," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 111(2), pages 391-430.
- Sascha O. Becker & Francesco Cinnirella & Erik Hornung & Ludger Woessmann, 2014.
"iPEHD--The ifo Prussian Economic History Database,"
Historical Methods: A Journal of Quantitative and Interdisciplinary History, Taylor & Francis Journals, vol. 47(2), pages 57-66, June.
- Becker, Sascha & Cinnirella, Francesco & Hornung, Eric & Woessmann, Ludger, 2012. "iPEHD - The ifo Prussian Economic History Database," CAGE Online Working Paper Series 96, Competitive Advantage in the Global Economy (CAGE).
- Woessmann, Ludger & Becker, Sascha O. & Cinnirella, Francesco & Hornung, Erik, 2012. "iPEHD ? The ifo Prussian Economic History Database," CEPR Discussion Papers 9128, C.E.P.R. Discussion Papers.
- Becker, Sascha O. & Cinnirella, Francesco & Hornung, Erik & Woessmann, Ludger, 2012. "iPEHD: The ifo Prussian Economic History Database," IZA Discussion Papers 6829, Institute of Labor Economics (IZA).
- Sascha Becker & Francesco Cinnirella & Erik Hornung & Ludger Woessmann & Sascha O. Becker, 2012. "iPEHD - The ifo Prussian Economic History Database," CESifo Working Paper Series 3904, CESifo.
- A. J. Auerbach & M. Feldstein (ed.), 2002. "Handbook of Public Economics," Handbook of Public Economics, Elsevier, edition 1, volume 4, number 4.
- Lars-Fredrik Andersson & Liselotte Eriksson, 2015. "The compulsory public pension and the demand for life insurance: the case of Sweden, 1884–1914," Economic History Review, Economic History Society, vol. 68(1), pages 244-263, February.
- Selgert Felix, 2013. "Civil Servants’ Living Standards in the Grand-Duchy of Baden, 1780–1913," Jahrbuch für Wirtschaftsgeschichte / Economic History Yearbook, De Gruyter, vol. 54(1), pages 153-179, June.
- A. J. Auerbach & M. Feldstein (ed.), 2002. "Handbook of Public Economics," Handbook of Public Economics, Elsevier, edition 1, volume 3, number 3.
- Johnson, Paul, 1984. "Self-help versus state help: Old age pensions and personal savings in Great Britain, 1906-1937," Explorations in Economic History, Elsevier, vol. 21(4), pages 329-350, October.
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.- Lehmann-Hasemeyer, Sibylle & Streb, Jochen, 2017. "Does Social Security crowd out Private Savings? The Case of Bismarck’s System of Social Insurance," IBF Paper Series 06-17, IBF – Institut für Bank- und Finanzgeschichte / Institute for Banking and Financial History, Frankfurt am Main.
- Guinnane, Timothy & Streb, Jochen, 2019. "Bismarck to no Effect: Fertility Decline and the Introduction of Social Insurance in Prussia," Working Papers 13, German Research Foundation's Priority Programme 1859 "Experience and Expectation. Historical Foundations of Economic Behaviour", Humboldt University Berlin.
- Nikolov, Plamen & Adelman, Alan, 2019.
"Do private household transfers to the elderly respond to public pension benefits? Evidence from rural China,"
The Journal of the Economics of Ageing, Elsevier, vol. 14(C).
- Nikolov, Plamen & Adelman, Alan, 2019. "Do Private Household Transfers to the Elderly Respond to Public Pension Benefits? Evidence from Rural China," GLO Discussion Paper Series 357, Global Labor Organization (GLO).
- Nikolov, Plamen & Adelman, Alan, 2019. "Do Private Household Transfers to the Elderly Respond to Public Pension Benefits? Evidence from Rural China," IZA Discussion Papers 12532, Institute of Labor Economics (IZA).
- Plamen Nikolov & Alan Adelman, 2020. "Do Private Household Transfers to the Elderly Respond to Public Pension Benefits? Evidence from Rural China," Papers 2006.01185, arXiv.org, revised Jun 2020.
- Nikolov, Plamen & Adelman, Alan, 2019. "Do Private Household Transfers to the Elderly Respond to Public Pension Benefits? Evidence from Rural China," MPRA Paper 94646, University Library of Munich, Germany.
- Plamen Nikolov & Alan Adelman, 2019. "Do Private Household Transfers to the Elderly Respond to Public Pension Benefits? Evidence from Rural China," Working Papers 2019-053, Human Capital and Economic Opportunity Working Group.
- Alessie, Rob & Angelini, Viola & van Santen, Peter, 2013.
"Pension wealth and household savings in Europe: Evidence from SHARELIFE,"
European Economic Review, Elsevier, vol. 63(C), pages 308-328.
- Alessie, Rob & Angelini, Viola & van Santen, Peter, 2013. "Pension Wealth and Household Savings in Europe: Evidence from SHARELIFE," Working Paper Series 265, Sveriges Riksbank (Central Bank of Sweden).
- Raj Chetty & Amy Finkelstein, 2012.
"Social Insurance: Connecting Theory to Data,"
NBER Working Papers
18433, National Bureau of Economic Research, Inc.
- Chetty, Nadarajan & Finkelstein, Amy Nadya, 2013. "Social Insurance: Connecting Theory to Data," Scholarly Articles 34330197, Harvard University Department of Economics.
- Klaus Kaier & Christoph Müller, 2015. "New figures on unfunded public pension entitlements across Europe: concept, results and applications," Empirica, Springer;Austrian Institute for Economic Research;Austrian Economic Association, vol. 42(4), pages 865-895, November.
- Fabbri, Daniele & Monfardini, Chiara, 2009.
"Rationing the public provision of healthcare in the presence of private supplements: Evidence from the Italian NHS,"
Journal of Health Economics, Elsevier, vol. 28(2), pages 290-304, March.
- Daniele Fabbri & Chiara Monfardini, 2006. "Rationing the Public Provision of Health Care in the Presence of Private Supplements: Evidence from the Italian NHS," Health, Econometrics and Data Group (HEDG) Working Papers 06/14, HEDG, c/o Department of Economics, University of York.
- Daniele Fabbri & Chiara Monfardini, 2006. "Rationing The Public Provision Of Healthcare In The Presence Of Private Supplements: Evidence From The Italian Nhs," CHILD Working Papers wp21_06, CHILD - Centre for Household, Income, Labour and Demographic economics - ITALY.
- repec:dpr:wpaper:0905 is not listed on IDEAS
- Walter Fisher & Christian Keuschnigg, 2010.
"Pension reform and labor market incentives,"
Journal of Population Economics, Springer;European Society for Population Economics, vol. 23(2), pages 769-803, March.
- Fisher, Walter H. & Keuschnigg, Christian, 2007. "Pension Reform and Labor Market Incentives," Economics Series 208, Institute for Advanced Studies.
- Walter H. Fisher & Christian Keuschnigg, 2007. "Pension Reform and Labor Market Incentives," CESifo Working Paper Series 2057, CESifo.
- Walter H. Fisher & Christian Keuschnigg, 2007. "Pension Reform and Labor Market Incentives," University of St. Gallen Department of Economics working paper series 2007 2007-13, Department of Economics, University of St. Gallen.
- Andreas Thiemann, 2016. "How Does Maternal Pension Wealth Affect Family Old-Age Savings in Germany?," Discussion Papers of DIW Berlin 1560, DIW Berlin, German Institute for Economic Research.
- Miriam Koomen & Laurence Wicht, 2020. "Demographics, pension systems, and the current account: an empirical assessment using the IMF current account model," Working Papers 2020-23, Swiss National Bank.
- Turner, Nick, 2010. "Who Benefits From Student Aid? The Economic Incidence of Tax-Based Federal Student Aid," University of California at San Diego, Economics Working Paper Series qt7g0888mj, Department of Economics, UC San Diego.
- Anna d’Addio & Muriel Roger & Frédérique Savignac, 2019.
"Pensions and Household Savings: Cross-Country Heterogeneity in Europe,"
Working papers
738, Banque de France.
- Roger, Muriel & Savignac, Frédérique & d’Addio, Anna, 2020. "Pensions and household savings: cross-country heterogeneity in Europe," Working Paper Series 2372, European Central Bank.
- Charles Yuji Horioka, 2014.
"The Life and Work Of Martin Stuart (“Marty”) Feldstein,"
UP School of Economics Discussion Papers
201410, University of the Philippines School of Economics.
- Charles Yuji Horioka, 2014. "The Life and Work of Martin Stuart ("Marty") Feldstein," ISER Discussion Paper 0905r, Institute of Social and Economic Research, Osaka University, revised Mar 2015.
- Horioka, Charles Yuji, 2015. "The Life And Work Of Martin Stuart ("Marty") Feldstein," AGI Working Paper Series 2015-03, Asian Growth Research Institute.
- Koomen, Miriam & Wicht, Laurence, 2022. "Pension systems and the current account: An empirical exploration," Journal of International Money and Finance, Elsevier, vol. 120(C).
- Alessie, R.J.M. & Angelini, V. & van Santen, P.C., 2012. "Pension wealth and household savings in Europe," Research Report 12012-EEF, University of Groningen, Research Institute SOM (Systems, Organisations and Management).
- repec:dgr:rugsom:12012-eef is not listed on IDEAS
- Kaschützke, B. & Maurer, R., 2016. "Investing and Portfolio Allocation for Retirement," 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 567-608, Elsevier.
- Anne-Marie Brook, 2014. "Options to Narrow New Zealand’s Saving – Investment Imbalance," Treasury Working Paper Series 14/17, New Zealand Treasury.
- Axel Börsch-Supan & Tabea Bucher-Koenen & Michela Coppola & Bettina Lamla, 2015.
"Savings In Times Of Demographic Change: Lessons From The German Experience,"
Journal of Economic Surveys, Wiley Blackwell, vol. 29(4), pages 807-829, September.
- Börsch-Supan, Axel & Bucher-Koenen, Tabea & Coppola, Michela & Lamla, Bettina, 2014. "Savings in Times of Demographic Change: Lessons from the German Experience," MEA discussion paper series 201418, Munich Center for the Economics of Aging (MEA) at the Max Planck Institute for Social Law and Social Policy.
- Keuschnigg, Christian & Fisher, Walter, 2011.
"Life-Cycle Unemployment, Retirement and Parametric Pension Reform,"
Economics Working Paper Series
1119, University of St. Gallen, School of Economics and Political Science.
- Fisher, Walter H. & Keuschnigg, Christian, 2011. "Life-Cycle Unemployment, Retirement, and Parametric Pension Reform," Economics Series 267, Institute for Advanced Studies.
- Jonathan Gruber & Aaron Yelowitz, 1999.
"Public Health Insurance and Private Savings,"
Journal of Political Economy, University of Chicago Press, vol. 107(6), pages 1249-1274, December.
- J. Gruber & A. Yelowitz, "undated". "Public Health Insurance and Private Savings," Institute for Research on Poverty Discussion Papers 1135-97, University of Wisconsin Institute for Research on Poverty.
- Jonathan Gruber & Aaron S. Yelowitz, 1998. "Public Health Insurance and Private Savings," JCPR Working Papers 42, Northwestern University/University of Chicago Joint Center for Poverty Research.
- Jonathan Gruber & Aaron Yelowitz, 1997. "Public Health Insurance and Private Savings," NBER Working Papers 6041, National Bureau of Economic Research, Inc.
- Jonathan Gruber & Aaron Yelowitz, 1997. "Public Health Insurance and Private Savings," UCLA Economics Working Papers 772, UCLA Department of Economics.
More about this item
JEL classification:
- D14 - Microeconomics - - Household Behavior - - - Household Saving; Personal Finance
- E21 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Consumption; Saving; Wealth
- H55 - Public Economics - - National Government Expenditures and Related Policies - - - Social Security and Public Pensions
- N33 - Economic History - - Labor and Consumers, Demography, Education, Health, Welfare, Income, Wealth, Religion, and Philanthropy - - - Europe: Pre-1913
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:zbw:pp1859:1. 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: ZBW - Leibniz Information Centre for Economics (email available below). General contact details of provider: https://www.experience-expectation.de/ .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.