When the State Mirrors the Family: The Design of Pension Systems

A-Tier
Journal: Journal of the European Economic Association
Year: 2018
Volume: 16
Issue: 6
Pages: 1712-1763

Score contribution per author:

2.011 = (α=2.01 / 2 authors) × 2.0x A-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

We study how family culture has affected the adoption and generosity of public pension systems. Our theoretical framework suggests that inheritance rules shape filial obligations to parents, and thus the within-family intergenerational transmission of resources. In countries with egalitarian inheritance rules, inheriting children represent a large share of the population, and support generous pension systems; in countries with nonegalitarian inheritance rules, a majority of noninheriting individuals prefer basic pension systems. An empirical cross-country analyses using historical data on inheritance rules support these predictions. These results are robust to controlling for alternative legal, religious, demographic, economic, and political explanations. Evidence from individual (General Social Survey) data confirms our findings: US citizens whose ancestors came from countries featuring egalitarian inheritance rules rely more on the government as a provider of old age security income.

Technical Details

RePEc Handle
repec:oup:jeurec:v:16:y:2018:i:6:p:1712-1763.
Journal Field
General
Author Count
2
Added to Database
2026-01-25