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Some Questions of Intergenerational Economics

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Abstract

This chapter brings together some developments in intergenerational economics and policy. Topics include intergenerational transfers and mobility, equity, solidarity, conflict and ambivalence, and the discussions around justice between generations. The chapter closes with a presentation of indices of intergenerational fairness.

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Notes

  1. 1.

    See, for example, Beckett (2011), Howker and Malik (2010), and Willets (2010).

  2. 2.

    A Spanish version of the same saying replaces ‘gives’ with ‘helps’.

  3. 3.

    To circumvent some data limitations, a technique known as the two-sample two-stage least squares (TSTSLS) estimator is frequently used. See Jerrim et al. (2016).

  4. 4.

    I follow the notation in Xie and Killewald (2013).

  5. 5.

    The assumption of additive separability.

  6. 6.

    For a detailed description of this and other measures of mobility, see Jäntti and Jenkins (2015).

  7. 7.

    See Roemer (1998a), who uses the levelling metaphor, although he does not cover meritocracy.

  8. 8.

    Segall (2013).

  9. 9.

    Source: National Life Tables, England, 1980–1982 to 2015–2017. Period expectation of life based on data for the years 2015–2017. Office for National Statistics. London: United Kingdom.

  10. 10.

    Which Daniels points out it was not obvious when he first proposed this approach—see Daniels (2008, p. 478).

  11. 11.

    For critical expositions of the prudential lifespan account approach, see Lazenby (2011) and McKerlie (2006, ch. 3).

  12. 12.

    This example is a modified version of Daniels (2008, p. 481).

  13. 13.

    See also Gamson (1988).

  14. 14.

    See Chap. 1, Volume III.

  15. 15.

    Moreover, the probability of receiving or giving varies significantly across countries (Roll and Litwin 2013).

  16. 16.

    See also the special issue of the Journal of Marriage and Family on ambivalence in intergenerational relationships (Volume 64, Issue 3, August 2002).

  17. 17.

    A configuration used in Masson (1999).

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Iparraguirre, J.L. (2019). Some Questions of Intergenerational Economics. In: Economics and Ageing . Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-030-29013-9_6

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  • DOI: https://doi.org/10.1007/978-3-030-29013-9_6

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