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?:abstract
  • Nearly all modern public pension programs involve a substantial transfer of wealth from workers to retirees. If parents love their children, why are these intergenerational transfers politically sustainable? This paper develops a cross-national overlapping generations model to explore the impact of income mobility on the way workers and retirees calculate the long-term value of these programs to their children. Mobility affects their evaluations because these programs also redistribute intragenerationally. The analysis shows why a majority of rational voters who care about their descendants can insist on the preservation of current public pension benefits for themselves but accept a future reduction. Implications of this explanation are tested using comparative intergenerational mobility data and a 2001 Eurobarometer survey on pensions. (xsd:string)
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  • First published online: August 13, 2014, http://dx.doi.org/10.1177/0951629814543861. (Eurobarometer) (xsd:string)
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  • Eurobarometer-Bibliography (xsd:string)
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  • 2015 (xsd:gyear)
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  • 2015 (xsd:gyear)
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  • 10.1177/0951629814543861 ()
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  • 457 (xsd:string)
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  • 3 (xsd:string)
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  • Public pensions and the intergenerational politics of aging societies (xsd:string)
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  • article (xsd:string)
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  • Bibsonomy (xsd:string)
  • In Journal of Theoretical Politics, 27(3), 457-484, 2015 (xsd:string)
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  • EB - Standard and Special Eurobarometer (xsd:string)
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  • 2015 (xsd:string)
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  • Eurobarometer (xsd:string)
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  • 484 (xsd:string)
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  • 27 (xsd:string)