In this paper we analyze the possibilities of intergenerational risk sharing in a generational DB pension fund. Each generation is subject to discretionary investment, indexation and contribution policies, thereby losing intergenerational diversification gains. Intergenerational risk sharing is repaired by introducing contingent claims on the generational surplus or deficit. We find that in som...

Because the establishment of private enterprises has been allowed by Chinese government since 1980s, management successions have occurred in a large number family firms recent years. Grounded upper echelons theory and considering generational differences between founders successors, it is expected that initiation within-family succession will lead to significant changes firms’ CSR strategies. A...

We use data from pooled 2000-2004 Current Population Surveys to examine generational differences in cohabitation and marriage among men and women ages 20-34 in the U.S. Consistent with our expectation and in line with assimilation theory, levels of cohabitation rise across succeeding generations. In contrast, generational differences in marriage follow a curvilinear pattern such that those in t...

This paper examines the determinants of the demand for private health insurance in the UK from 1978 to 1996. The focus is the impact of public and private sector quality on demand. Use of a pseudo-cohort panel allows examination of generational change and the investigation of dynamics. The results indicate that there has been generational change. Further, changes in the contractual status of se...

The authors examined, through an analysis of self-construals and beliefs about social interaction, the traditional and modern orientations of younger and older generations of Taiwanese people. The authors surveyed 169 pairs of parent-child dyads with a battery of structured questionnaires. Within-subjects analyses revealed high generational correlations as well as discrepancies in both traditio...

Synopsis This essay explores the representation of Italian terrorists in recent generational films set in the 1960s and 1970s. While they foreground the protagonists’ youth and celebrate it as a historically new condition, these coming-of-age narratives typically present radicalism either in terms of youthful idealism or youthful error, with corresponding nostalgic or revisionist approaches tha...