Download Ages, Generations and the Social Contract: The Demographic by Jacques Véron, Sophie Pennec, Jacques Légaré PDF

By Jacques Véron, Sophie Pennec, Jacques Légaré

Our societies are growing old. The relations is altering. Labour strength behaviour is evolving. How is the employer of relatives and collective cohesion adapting during this context of longer existence spans, low fertility, and paintings that's at the same time scarce and abundant?

The welfare states are at the moment dealing with 3 major demanding situations: be sure passable dwelling stipulations for the aged with out expanding the fee burden at the lively inhabitants, decrease social inequality, and continue fairness among successive generations. during this ebook, researchers from diverse international locations evaluate their reports and supply contrasting perspectives at the way forward for social security. they think about the theoretical elements of the intergenerational debate, relatives among generations in the kinfolk, the dwelling criteria of aged humans, and the query of social time.

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Extra resources for Ages, Generations and the Social Contract: The Demographic Challenges Facing the Welfare State

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There are additional changes in eligibility and employment rates. It remains to be seen whether it will actually be politically possible to implement these changes. ; the others are early retirement programs, health care, long-term care, child and family benefits and education. 8. , 2001, Table 5, p. 26). 4% of that total. The other large programs are health care and education. In total, expenditures on these age-related programs are expected to rise by 7% of GDP over the next 50 years, after taking into account program reforms that have already been legislated as discussed earlier for pensions.

But Samuelson’s world doesn’t only lack capital, it also lacks children. Workers can save for their retirement, but they also must provide food and shelter for their children. In the later nineteenth and twentieth centuries, as developing economies began to need and reward an educated workforce, children began to need costly education. Becker and Murphy (1988) havedeveloped an interesting theory linking parental transfer decisions to the development of the welfare state. Ideally, parents would invest in the education of their children up to the point where the rate of return to an additional year of education would equal the rate of return on an additional unit of capital.

But Samuelson’s world doesn’t only lack capital, it also lacks children. Workers can save for their retirement, but they also must provide food and shelter for their children. In the later nineteenth and twentieth centuries, as developing economies began to need and reward an educated workforce, children began to need costly education. Becker and Murphy (1988) havedeveloped an interesting theory linking parental transfer decisions to the development of the welfare state. Ideally, parents would invest in the education of their children up to the point where the rate of return to an additional year of education would equal the rate of return on an additional unit of capital.

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