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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w12854 |
来源ID | Working Paper 12854 |
The Farm, the City, and the Emergence of Social Security | |
Elizabeth M. Caucutt; Thomas F. Cooley; Nezih Guner | |
发表日期 | 2007-01-23 |
出版年 | 2007 |
语种 | 英语 |
摘要 | During the period from 1880 to 1950, publicly managed retirement security programs became an important part of the social fabric in most advanced economies. In this paper we study the social, demographic and economic origins of social security. We describe a model economy in which demographics, technology, and social security are linked together. We study an economy with two locations (sectors), the farm (agricultural) and the city (industrial). The decision to migrate from rural to urban locations is endogenous and linked to productivity differences between the two locations and survival probabilities. Furthermore, the level of social security is determined by majority voting. We show that a calibrated version of this economy is consistent with the historical transformation in the United States. Initially a majority of voters live on the farm and do not want to implement social security. Once a majority of the voters move to the city, the median voter prefers a positive social security tax, and social security emerges. |
主题 | Macroeconomics ; Fiscal Policy ; Public Economics ; Taxation ; National Fiscal Issues |
URL | https://www.nber.org/papers/w12854 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/570520 |
推荐引用方式 GB/T 7714 | Elizabeth M. Caucutt,Thomas F. Cooley,Nezih Guner. The Farm, the City, and the Emergence of Social Security. 2007. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w12854.pdf(259KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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