Political economy of social security with endogenous preferences
Pascal Belan () and
Bertrand Wigniolle
Post-Print from HAL
Abstract:
In this paper we study the interaction between economic policy and preferences when both are endogenous. Economic policy results from a vote, whereas individual preferences are influenced by specific investment in training and education. The paper focuses on a particular economic policy: the financing of the social security system. Moreover, it considers a specific education investment: parents expect a gift from their children when old and devote resources in order to arouse the altruism of their children. Therefore, preferences of the children are trained in relation to the size of the social security system, which in turn results from the preferences of the median voter. The politico-equilibrium of this economy is compared to the social optimum.
Keywords: social security; endogenous altruism.; endogenous altruism (search for similar items in EconPapers)
Date: 2007-07
Note: View the original document on HAL open archive server: https://shs.hal.science/halshs-00185268v1
References: View references in EconPapers View complete reference list from CitEc
Citations:
Published in Public Economic Theory, Jul 2007, Nashville, United States
Downloads: (external link)
https://shs.hal.science/halshs-00185268v1/document (application/pdf)
Related works:
Working Paper: Political economy of social security with endogenous preferences (2007) 
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:halshs-00185268
Access Statistics for this paper
More papers in Post-Print from HAL
Bibliographic data for series maintained by CCSD ().