Workers Versus Pensioners: Intergenerational Justice in an Ageing WorldPaul A. Johnson, Christoph Conrad, David Thomson Articles from a conference organised by the Centre for Economic Policy Research and held at St. Johns College, Cambridge in July 1988. |
Contents
Demographic Change and Intergenerational Transfers | 18 |
Demographic change and transfers through the welfare state | 24 |
Conclusions | 32 |
Justice and Transfers Between Generations | 57 |
But Why Is There Social Security? | 80 |
Public Pensions as Intergenerational Transfers in the United States | 113 |
The significance of the 1939 amendments | 119 |
The crisis in US social security | 126 |
Labour Force Participation and Social Pension Systems | 139 |
Crosssectional earnings structure and earnings development over the life cycle | 150 |
Consequences for a taxfinanced flatrate pension scheme | 156 |
The Trend Towards Early Labour Force Withdrawal and | 164 |
| 202 | |
Common terms and phrases
active age groups age-group problem American baby boom bargaining behaviour benefit ratios birth cohorts Britain changes consumption Cribier cycle David Thomson decline definitive withdrawal deinstitutionalised demographic Denis Kessler dependency disability insurance early retirement early withdrawal earnings economic effect elderly eligibility requirements employees employment equity expected expenditure favour financing force participation rates France funds future growth households income income redistribution increase individuals industrial industrialised countries inequalities institutional arrangements intergenerational transfers justice labour force participation labour market LFPR lifespan lifetime living long-term National Netherlands newly retired OECD old-age pension older cohort organisation parents paygo pension payments pension schemes pension system political population ageing poverty pre-retirement production programme proportion redistribution retired persons retirement age retirement system social insurance society Sweden third age threefold model trend unemployed unemployment compensation union wage West Germany women younger cohort Zealand