Journal of Population Economics

, Volume 21, Issue 2, pp 331–338 | Cite as

Social security and conflict within the family

OriginalPaper

Abstract

A husband and wife, though benefitting from marriage, may yet misappropriate some of the spouse's assets rather than let all be saved. In a Nash equilibrium, family savings may therefore be lower than what each spouse would prefer. Social Security, which is a form of forced, secure saving, can therefore increase welfare.

Keywords

Social security Savings Bargaining 

JEL Classification

H55 D13 D91 

Preview

Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.

References

  1. Alessie R, Kapteyn A, Klijn F (1997) Mandatory pensions and personal savings in the Netherlands. De Economist 145(3):291–324CrossRefGoogle Scholar
  2. Amato PR, Rogers ST (1997) A longitudinal study of marital problems and subsequent divorce. J Marriage Fam 59(3):612–624CrossRefGoogle Scholar
  3. Becker GS (1981) A treatise on the family. Harvard University Press, CambridgeGoogle Scholar
  4. Bernheim D, Skinner J, Weinberg S (1997) What accounts for the variation in retirement wealth among U.S. households? Working Paper No. 6227, National Bureau of Economic ResearchGoogle Scholar
  5. Bolin K, Pålsson AM (2000) Male and female wealth: the importance of the family structure. Working paper, Department of Economics, Lund UniversityGoogle Scholar
  6. Browning M (2000) The saving behaviour of a two-person household. Scand J Econ 102(2):235–251CrossRefGoogle Scholar
  7. Diamond PA (1977) A framework for social security analysis. J Public Econ 8(3):275–298CrossRefGoogle Scholar
  8. Diamond PA, Hausman J (1984) Individual retirement and savings behavior. J Public Econ 23(1–2):81–114CrossRefGoogle Scholar
  9. Dicks-Mireaux L, King M (1984) Pension wealth and household savings: tests of robustness. J Public Econ 23(1–2):115–139CrossRefGoogle Scholar
  10. Feldstein M (1974) Social security, induced retirement, and aggregate capital accumulation. J Polit Econ 82(5):905–926CrossRefGoogle Scholar
  11. Galasso V, Profeta P (2002) The political economy of social security: a survey. Eur J Polit Econ 18(1):1–29CrossRefGoogle Scholar
  12. Konrad KA, Lommerud KE (2000) The bargaining family revisited. Can J Econ 33(2):471–487CrossRefGoogle Scholar
  13. Konrad KA, Olsen T, Schöb R (1994) Resource extraction and the threat of possible expropriation: the role of Swiss Bank accounts. J Environ Econ Manage 26(2):149–162CrossRefGoogle Scholar
  14. Kreps DM, Milgrom P, Roberts J, Wilson R (1982) Rational cooperation in the finitely repeated prisoners’ dilemma. J Econ Theory 27(2):245–252CrossRefGoogle Scholar
  15. Laibson DI (1997) Golden eggs and hyperbolic discounting. Q J Econ 112(2):443–477CrossRefGoogle Scholar
  16. Laitner J (1988) Bequests, gifts, and social security. Rev Econ Stud 55(2):275–299CrossRefGoogle Scholar
  17. Lundberg S, Pollak RA (2001) Efficiency in marriage. Rev Econ Househ 1(3):153–167CrossRefGoogle Scholar
  18. Lundberg S, Ward-Batts J (2002) Saving for retirement: household bargaining and household net worth. Michigan Retirement Research Center Working Paper 00–04Google Scholar
  19. Lundberg S, Startz R, Stillman S (2003) The retirement-consumption puzzle: a marital bargaining approach. J Public Econ 87(5–6):1199–1218CrossRefGoogle Scholar
  20. Mulligan CB, Sala-i-Martin X (1999a) Social security in theory and practice (I): facts and political theories. Working Paper No. 7118, National Bureau of Economic ResearchGoogle Scholar
  21. Mulligan CB, Xavier Sala-i-Martin X (1999b) Social security in theory and practice (II): efficiency theories, narrative theories, and implications for reform. Working Paper No. 7119, National Bureau of Economic ResearchGoogle Scholar
  22. Neyman A (1985) Bounded complexity justifies cooperation in the finitely repeated prisoner’s dilemma. Econ Lett 19(3):227–229CrossRefGoogle Scholar
  23. Venti SF, Wise DA (2000) Choice, chance and wealth dispersion at retirement. Working Paper No. 7521, National Bureau of Economic ResearchGoogle Scholar

Copyright information

© Springer-Verlag 2006

Authors and Affiliations

  1. 1.Department of EconomicsUniversity of California, IrvineIrvineUSA

Personalised recommendations