The political intergenerational welfare state

The Intergenerational Welfare State

demography is a realm of private decisions with public effects. in both highand low-fertility regimes, families make decisions that significantly influence the well-being of others. excessively rapid population growth can threaten economic and ecological viability. Population decline can threaten cultural continuity and fiscal sustainability. as Paul demeny has warned us, there is no invisible ...

Political Theories of the Welfare State

We review the main theoretical conclusions from a quarter century of comparative studies of welfare states in the affluent democracies. We contrast early debates over the relative importance of industrialization, economic growth, and social classes for explaining welfare state differences with contemporary claims about the role of globalization, postindustrialism, and gender relations in shapin...

Welfare state reform and political allegiance

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on Political Economy of the Welfare State THEORIES OF THE WELFARE STATE : A CRITIQUE

The Political Economy of Intergenerational

This paper analyses the political constraints of intergenerational risk sharing. The …rst result is that the political process generally does not lead to ex ante optimal insurance. The second result is that in a second best political setting PAYG still contributes to intergenerational risk sharing. The third result is that aging increases the discrepancy between …rst-best and second-best transf...