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Welfare within Families beyond Households: Intergenerational Exchanges of Practical and Financial Support in the UK 家庭之外的家庭福利:英国代际实践和财政支持交流
Pub Date : 2021-09-06 DOI: 10.31389/lseppr.41
T. Burchardt, F. Steele, E. Grundy, E. Karagiannaki, J. Kuha, I. Moustaki, C. Skinner, Nina Zhang, Siliang Zhang
Families extend well beyond households. In particular, connections between parents and their adult offspring are often close and sustained, and transfers may include financial assistance, practical support, or both, provided by either generation to the other. Yet this major engine of welfare production, distribution, and redistribution has only recently become the focus of research. Who are the beneficiaries and to what extent are the patterns of exchange socially stratified? This article discusses findings from a programme of research analysing data from two nationally representative longitudinal studies, the British Household Panel Study and its successor Understanding Society, which record help given by, and received by, respondents through exchanges with their non-coresident parents and offspring in the UK. Some families exhibit a high tendency to provide mutual support between generations; these tendencies persist over time. Financial and practical support are generally complementary rather than substitutes. Longer travel time between parents and their offspring makes the provision of practical help less likely, whilst social class, social mobility, and ethnicity exhibit complex patterns of association with intergenerational exchanges. The resulting conclusion is that exchanges within families are an important complement to formal welfare institutions in the UK and that social policies should be designed to work with the grain of existing patterns of exchange, enabling family members to continue to provide help to one another, but ensuring that those who are less well supported by intergenerational assistance can access effective social protection. JEL Codes: D15, I3
家庭远远超出家庭。特别是,父母与其成年子女之间的联系往往是密切和持续的,转移可能包括经济援助、实际支持,或两者兼而有之,由任何一代向另一代提供。然而,这个福利生产、分配和再分配的主要引擎直到最近才成为研究的焦点。谁是受益者,交换模式在多大程度上是社会分层的?本文讨论了一项研究计划的结果,该研究分析了两项具有全国代表性的纵向研究的数据,即英国家庭小组研究及其后续的理解协会,该研究记录了受访者通过与英国非共同父母和后代交流而给予和接受的帮助。一些家庭表现出在代际之间提供相互支持的高度倾向;这些趋势会随着时间的推移而持续。财政和实际支助通常是相辅相成的,而不是替代的。父母和子女之间的旅行时间越长,提供实际帮助的可能性就越小,而社会阶层、社会流动性和种族则表现出与代际交流相关的复杂模式。由此得出的结论是,家庭内部的交流是对英国正式福利机构的重要补充,社会政策的设计应与现有的交流模式相结合,使家庭成员能够继续相互帮助,但要确保那些得不到代际援助的人能够获得有效的社会保护。JEL代码:D15、I3
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引用次数: 0
Reciprocity and the State 互惠与国家
Pub Date : 2021-09-06 DOI: 10.31389/lseppr.39
Timothy Besley
This paper outlines how norms of reciprocity play a role in building strong and effective states. This considers the state as a natural extension of norms that have evolved in families and communities. It surveys the main ideas in a range of different branches of the social sciences and discusses how they apply in two concrete policy settings: collection of taxes and the design of social security. It emphasises the value of considering policy reforms in terms of an evolving reciprocal social contract between the state and the citizen.
本文概述了互惠准则如何在建立强大有效的国家方面发挥作用。这将国家视为家庭和社区中形成的规范的自然延伸。它调查了社会科学一系列不同分支的主要思想,并讨论了它们如何在两个具体的政策环境中应用:税收和社会保障的设计。它强调了从国家和公民之间不断发展的互惠社会契约的角度考虑政策改革的价值。
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引用次数: 1
Does the Universities Superannuation Scheme Provide a Model of Reciprocity Between Generations? 大学退休金计划提供了代际互惠模式吗?
Pub Date : 2021-09-06 DOI: 10.31389/lseppr.42
M. Otsuka
This article makes the case that, as an open, ongoing defined benefit (DB) pension scheme, the Universities Superannuation Scheme (USS) once provided a model of reciprocity between generations but no longer does. It begins with an account of the defined contribution (DC) scheme which preceded USS and its investment risk and relatively low pension income that USS was created to rectify. It shows how the funding, investment, and valuation of USS during its first two decades provided a simple and sustainable model of reciprocity, involving the pooling among generations of the investment risk of growth assets. USS’s subsequent shift, however, out of growth assets and into bonds, and the rise in contributions to pay for this shift, have led to an unfair imposition of the cost of securing past pension promises upon current and future generations. This has occurred even though such a shift has been advocated on grounds of intergenerational fairness. A closure of DB and a move back to 100% DC would exacerbate the inequality between generations. JEL codes: D63, G22, J14, J32
作为一个开放的、持续的固定收益(DB)养老金计划,大学退休金计划(USS)曾经提供了代际互惠的模式,但现在不再提供了。它首先说明了在USS之前的固定缴款(DC)计划及其投资风险和相对较低的养老金收入,USS是为了纠正这一点而创建的。它展示了在最初的二十年中,美国航空公司的融资、投资和估值如何提供了一个简单而可持续的互惠模型,涉及到几代人之间的成长型资产投资风险的汇集。然而,美国随后从成长型资产转向债券,以及为实现这一转变而增加的缴款,导致了一种不公平的做法,将确保过去养老金承诺的成本强加给了当代人和子孙后代。尽管以代际公平为理由提倡这种转变,但这种情况还是发生了。关闭DB并回到100% DC将加剧代际之间的不平等。JEL代码:D63、G22、J14、J32
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引用次数: 0
The Ties that Bind Us 束缚我们的纽带
Pub Date : 2021-09-06 DOI: 10.31389/lseppr.35
Michael Muthukrishna
This paper reviews the evolutionary literature on cooperation and the mechanisms proposed to explain the differences we see in the scale, breadth, and intensity of cooperation across societies, over history, and among behavioural domains. The most well-studied mechanisms that help societies sustain cooperation include kinship, reciprocity, reputation, signalling, norms, informal and formal institutions, and the competition between stable equilibria sustained by these mechanisms. I apply each of these mechanisms to the problem of reciprocity across the lifecycle. I then discuss how these same ties also tear us apart and what policies might help tie us back together. JEL Codes: A12, A13, C71, J14, J18, Z1
本文回顾了关于合作的进化文献,以及提出的机制,以解释我们在跨社会、历史和行为领域的合作的规模、广度和强度方面所看到的差异。帮助社会维持合作的最充分的研究机制包括亲属关系、互惠、声誉、信号、规范、非正式和正式制度,以及由这些机制维持的稳定平衡之间的竞争。我将这些机制中的每一个应用于整个生命周期的互惠问题。然后,我将讨论这些联系是如何撕裂我们的,以及哪些政策可以帮助我们重新团结起来。JEL代码:A12、A13、C71、J14、J18、Z1
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引用次数: 1
Pension Design and the Failed Economics of Squirrels 养老金设计和松鼠失败的经济学
Pub Date : 2021-09-06 DOI: 10.31389/lseppr.40
N. Barr
This paper explores the nature of reciprocity between workers and pensioners, starting from the observation that what pensioners consume has mostly to be produced by younger workers, and therefore reciprocity in some form is inherent. The opening section argues that a worker can try to arrange consumption in retirement by (a) storing current production or (b) building claims on future production. However, storing current production (the squirrels model) does not work well, so that the main vehicle is building claims on future production. There are two approaches to doing so – through promises (which lie at the core of Pay-As-You-Go (PAYG) plans), or by accumulating financial assets which can be exchanged for goods and services (the basis of funded plans). The second part of the paper establishes that a central element in assessing pension arrangements is the extent to which investment is in productive assets. The third part considers the durability of different pension regimes. The paper’s central conclusions are (a) that reciprocity is inherent in pension plans, (b) that the specifics of pension design are in many ways secondary, and (c) that what really matters are economic growth (increasing what is available to share between workers and pensioners) and good government (which will manage PAYG pensions responsibly and/or sustain the economic stability and regulatory capacity that underpin funded pensions). JEL codes: D63, E21, E22, E24, J14, J18
本文探讨了工人和养老金领取者之间互惠的本质,从观察养老金领取者消费的东西主要由年轻工人生产开始,因此某种形式的互惠是固有的。开篇部分认为,工人可以尝试通过以下方式安排退休后的消费:(a)储存当前的产量或(b)建立对未来产量的索赔权。然而,存储当前的生产(松鼠模型)并不能很好地工作,所以主要车辆是建立对未来生产的索赔。有两种方法可以做到这一点——通过承诺(这是现收现付(PAYG)计划的核心),或者通过积累可以交换商品和服务的金融资产(基金计划的基础)。本文第二部分确定,评估养恤金安排的一个核心要素是投资于生产性资产的程度。第三部分考虑了不同养老金制度的持久性。本文的核心结论是:(a)互惠是养老金计划固有的,(b)养老金设计的细节在很多方面是次要的,以及(c)真正重要的是经济增长(增加工人和养老金领取者之间可分享的东西)和良好的政府(负责管理现收现付养老金和/或维持支撑基金养老金的经济稳定和监管能力)。JEL代码:D63、E21、E22、E24、J14、J18
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引用次数: 2
A Little Give and Take 给予和接受
Pub Date : 2021-09-06 DOI: 10.31389/lseppr.36
A. Oliver
In this article, I contend that the behavioural affects that tend to be labelled as errors by most behavioural economists, and as such have served as the justification for a paternalistic direction in behavioural public policy (i.e., policy intervention that aims to protect people from imposing harms on themselves), are in an ecological sense not errors at all. While acknowledging that modern societies are very different from the types of societies in which these affects evolved, I argue that we still cannot conclude that attempts to modify people’s choices in accordance with these so-called errors will improve the lives of those targeted for behaviour change, particularly given the varied and multifarious private objectives and desires that people pursue. Where people are imposing no substantive harms on others, I maintain that policy makers should restrict themselves to protecting and fostering the fundamental motivational force of reciprocity, which serves to benefit the group (which could be the whole society) and, by extension, most of the people who comprise the group, irrespective of their own personal desires in life. However, when one party to any particular exchange actively uses the behavioural affects to benefit themselves and imposes harms on the other party to the exchange, the concept of a free and fair reciprocal exchange has been violated. In these circumstances, there is an intellectual justification to introduce behavioural-informed regulations—a form of negative reciprocity—against activities that impose unacceptable harms on others. My arguments thus call for behavioural public policy to preserve individual autonomy within an overarching policy framework that nurtures reciprocity whilst at the same time regulates against behavioural-informed practices that impose substantive harms on others, rather than focusing on reducing the harms that people supposedly impose on themselves. This would be a major switch in emphasis for one of the most important developments in public policy in modern times. JEL Codes: D91, Z18
在这篇文章中,我认为,大多数行为经济学家倾向于将行为影响称为错误,并因此成为行为公共政策中家长式指导的理由(即旨在保护人们免受伤害的政策干预),从生态学意义上讲,这些行为影响根本不是错误。虽然我承认现代社会与这些影响进化的社会类型有很大不同,但我认为,我们仍然不能得出这样的结论,即根据这些所谓的错误来改变人们的选择的尝试将改善那些行为改变目标的人的生活,特别是考虑到人们追求的各种各样的私人目标和欲望。在人们没有对他人造成实质性伤害的情况下,我认为政策制定者应该限制自己保护和培养互惠的基本动机,这有利于群体(可能是整个社会),进而有利于构成群体的大多数人,而不管他们个人的生活欲望如何。然而,当任何特定交易所的一方积极利用行为影响为自己谋利,并对交易所的另一方造成伤害时,就违反了自由和公平的互惠交易所的概念。在这种情况下,引入行为知情条例(一种消极互惠的形式)是有理智的理由的,反对对他人造成不可接受伤害的活动。因此,我的论点呼吁行为公共政策在促进互惠的总体政策框架内保持个人自主性,同时规范对他人造成实质性伤害的行为知情做法,而不是专注于减少人们对自己造成的伤害。这将是现代公共政策最重要发展之一的重点重大转变。JEL代码:D91、Z18
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引用次数: 1
Credit, Employment, and the COVID Crisis 信贷、就业和COVID危机
Pub Date : 2021-05-03 DOI: 10.31389/LSEPPR.28
L. Céspedes, Roberto Chang, A. Velasco
Pandemic-motivated lockdowns can expose firms to a vicious cycle: they cannot borrow enough to keep paying wages and are forced to dismiss workers; the dismissal of workers in turn reduces future productivity, sales, and profits; and those bleak prospects are precisely what keeps firms from being able to borrow in the first place. To prevent this cycle, a robust policy intervention is called for. In response to COVID-19, debt finance —including subsidized credit programs, debt relief and credit guarantees— has accounted for a sizeable share of the relief measures aimed at firms. Preliminary macro evidence suggests that these programmes are having an impact: the size of liquidity support policies is positively correlated with the extent of credit expansion, firm value, employment and GDP. Micro-economic data for a number of countries points in the same direction: financial support programs for firms can be effective at preventing job losses during and after a pandemic.
大流行引发的封锁会使企业陷入恶性循环:它们无法借到足够的钱来支付工资,被迫解雇工人;解雇工人反过来会降低未来的生产率、销售额和利润;而这些黯淡的前景恰恰是企业无法从一开始就借款的原因。为了防止这种循环,需要强有力的政策干预。为应对2019冠状病毒病,债务融资——包括补贴信贷计划、债务减免和信贷担保——在针对企业的减免措施中占相当大的份额。初步的宏观证据表明,这些计划正在产生影响:流动性支持政策的规模与信贷扩张、企业价值、就业和GDP的程度呈正相关。许多国家的微观经济数据也指向同一个方向:在大流行期间和之后,为企业提供财政支持的方案可以有效防止失业。
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引用次数: 2
Us and Them: On the Motivational Force of Formal and Informal Lockdown Rules 我们和他们:论正式和非正式封锁规则的动力
Pub Date : 2021-05-03 DOI: 10.31389/LSEPPR.24
Jonathan Jackson, B. Bradford
How do social norms and legal requirements combine to shape collective behaviour? A multi-wave ten-city panel study set during the first UK lockdown finds that compliance was a powerful in-group signalling device, driven by the expressive and coordinating power of formal and informal rules. COVID-19 pandemic laws allowed the Government to operate as an expressive agent, telling people what needed to be done and why. Acting upon mutual expectations for the common good then helped people to coordinate against the virus with a sense of a shared fate and identity. Widespread collective compliance allowed the police to continue to privilege engagement, explanation and encouragement over heavy-handed enforcement tactics that damage their popular legitimacy.
社会规范和法律要求如何结合起来塑造集体行为?在英国第一次封锁期间进行的一项多波10个城市的小组研究发现,合规性是一种强大的群体内信号装置,由正式和非正式规则的表达和协调能力驱动。COVID-19大流行法律允许政府作为一个表达者,告诉人们需要做什么以及为什么要做。本着共同利益的共同期望行事,帮助人们以共同的命运和身份感协调抗击病毒。广泛的集体服从使得警方能够继续对参与、解释和鼓励给予特权,而不是严厉的执法策略,这损害了他们在民众中的合法性。
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引用次数: 6
COVID-19 and Ethnic Inequalities in England 新冠肺炎与英国民族不平等
Pub Date : 2021-05-03 DOI: 10.31389/LSEPPR.33
L. Platt
Ethnic minorities have been particularly hard-hit by the COVID-19 pandemic, in terms of both mortality risks and economic impacts. This has been widely recognised in the UK and elsewhere, and there has been extensive analysis of mortality risks and a burgeoning number of reports reflecting on the wider inequalities associated with them. Yet, despite occupation being flagged as a key differentiator in the experience of ethnic minority groups, there has been little systematic investigation of how far the occupations of both immigrants and British-born ethnic minorities are linked to the negative consequences of the pandemic. In addition, most analysis has focused on the consequences of lockdowns and mortality risks for individuals, rather than considering the implications for the wider household and family. In this paper, I argue that, while not the only factors shaping vulnerability to COVID-19, we can shed further light on ethnic inequalities in the experience of COVID-19 if we pay greater attention to employment patterns and occupational distributions across ethnic groups and within families. It is also relevant to ascertain the extent to which these patterns do or do not dissipate across generations to identify enduring cleavages within the population and the longer, as well as the shorter, term implications of the pandemic for ethnic inequalities.
就死亡风险和经济影响而言,新冠肺炎疫情对少数民族的打击尤为严重。这一点在英国和其他地方得到了广泛的认可,对死亡风险进行了广泛的分析,并有越来越多的报告反映了与之相关的更广泛的不平等。然而,尽管职业被标记为少数族裔群体经历中的一个关键区别,但很少有系统的调查表明移民和英国出生的少数族裔的职业与疫情的负面后果有多大联系。此外,大多数分析都集中在封锁的后果和个人的死亡风险上,而不是考虑对更广泛的家庭和家庭的影响。在这篇论文中,我认为,虽然不是形成新冠肺炎脆弱性的唯一因素,但如果我们更多地关注就业模式和种族群体之间以及家庭内部的职业分布,我们可以进一步阐明新冠肺炎经历中的种族不平等。同样重要的是,要确定这些模式在多大程度上会或不会在几代人之间消散,以确定人口内部的持久分歧,以及疫情对种族不平等的长期和短期影响。
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引用次数: 8
The Accelerated Value of Social Skills in Knowledge Work and the COVID-19 Pandemic 社交技能在知识工作中的加速价值与COVID-19大流行
Pub Date : 2021-05-03 DOI: 10.31389/LSEPPR.31
C. Josten, Grace Lordan
The COVID-19 pandemic has brought with it a debate around which skills will be the most valuable in its aftermath. This study discusses the relevance of social skills in this debate and presents new evidence that shows its necessity. Specifically, we focus on knowledge workers and highlight that the importance of social skills was increasing pre-COVID-19 for these workers and that this importance has increased further during the pandemic, particularly for those in management roles. This study has also emphasised that we are at the beginning of the learning curve in understanding how social skills can be taught effectively to adults, and in particular knowledge workers. Establishing this evidence base is particularly important as governments around the world reconsider their skills agenda as a way to build up their economies post COVID-19.
新冠肺炎大流行引发了一场关于哪些技能在其后果中最有价值的辩论。这项研究讨论了社会技能在这场辩论中的相关性,并提供了新的证据来证明其必要性。具体而言,我们将重点放在知识工作者身上,并强调社交技能在新冠肺炎疫情前对这些工作者的重要性正在增加,而在疫情期间,这种重要性进一步增加,尤其是对那些担任管理职务的人。这项研究还强调,我们正处于学习曲线的开端,了解如何有效地向成年人,尤其是知识工作者教授社交技能。随着世界各国政府重新考虑其技能议程,将其作为新冠肺炎后建立经济的一种方式,建立这一证据基础尤为重要。
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引用次数: 1
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LSE public policy review
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