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Sharing the Wealth : Demographic Change and Economic Transfers between Generations - Andrew Mason

Sharing the Wealth

Demographic Change and Economic Transfers between Generations

By: Andrew Mason (Editor), Georges Tapinos (Editor)

Hardcover Published: 1st March 2000
ISBN: 9780198296201
Number Of Pages: 424

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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.

Industry Reviews

`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

1: Andrew Mason and George Tapinos: Introduction Part I: Intergenerational Accounting 2: Ronald D. Lee: Intergenerational Transfers and the Economic Life Cycle: A Cross-cultural Perspective 3: Andrew Mason and Tim Miller: Dynasties, Intergenerational Transfers, and Life-cycle Income: A Case Study of Taiwan 4: Jagadeesh Gokhale: Demographic Change, Generational Accounts, and National Saving in the United States Part II: Government-funded Pension Programmes 5: Jorge Bravo: On the Rate of Return of Unfunded Pension Systems 6: Rafael P. Rofman: Moving Social Security towards Fully Funded Schemes: Who Pays the Cost? 7: Salvador Valdés-Prieto: The Political Economy of Two Chilean Pension Systems 8: Didier Blanchet and Jean-Alain Montford: Pensions and Generational Histories in a Simple Demo-economic Model: The Case of France 9: Shripad Tuljapurkar and Ronald D. Lee: Demographic Uncertainty and the OASDI Trust Funds of the United States Part III: The Family and Intergenerational Transfers 10: Andrew D. Foster and Mark R. Rosenzweig: Financial Intermediation, Transfers, and Commitment: Do Banks Crowd Out Private Insurance Arrangements in Low-Income Rural Areas 11: Alessandro Cigno: Self-enforcing Family Constitutions: Implications for Saving, Fertility, and Social Security 12: Sumon Kumar Bhaumik and Jeffrey B. Nugent: Wealth Accumulation, Fertility, and Transfers to Elderly Household Heads in Peru 13: Yean-Ju Lee: Support between Rural Parents and Migrant Children in a Rapidly Industrializing Society: South Korea 14: Joseph G. Altonji, Fumio Hayashi, and Laurence Kotlikoff: The Effects of Income and Wealth on Time and Money Transfers between Parents and Children 15: Anne Laferrère: Housing Inheritance: An Empirical Analysis of French Data

ISBN: 9780198296201
ISBN-10: 0198296207
Series: International Studies in Demography
Audience: Professional
Format: Hardcover
Language: English
Number Of Pages: 424
Published: 1st March 2000
Country of Publication: GB
Dimensions (cm): 23.52 x 16.66  x 3.28
Weight (kg): 0.75