메뉴 건너뛰기




Volumn 17, Issue 3, 2004, Pages 473-500

How does social security affect economic growth? Evidence from cross-country data

Author keywords

Fertility; Growth; Human capital; Saving; Social security

Indexed keywords


EID: 4043140707     PISSN: 09331433     EISSN: None     Source Type: Journal    
DOI: 10.1007/s00148-004-0198-x     Document Type: Article
Times cited : (56)

References (63)
  • 1
    • 84963257520 scopus 로고
    • Are government bonds net wealth?
    • Barro RJ (1974) Are Government Bonds Net Wealth? Journal of Political Economy 82:1095-1117
    • (1974) Journal of Political Economy , vol.82 , pp. 1095-1117
    • Barro, R.J.1
  • 2
    • 0003268940 scopus 로고
    • A cross-country study of growth, saving, and government
    • Barro RJ (1989) A Cross-Country Study of Growth, Saving, and Government. NBER Working Paper No. 2855
    • (1989) NBER Working Paper No. 2855 , vol.2855
    • Barro, R.J.1
  • 3
    • 0026277597 scopus 로고
    • Economic growth in a cross section of countries
    • Barro RJ (1991) Economic Growth in a Cross Section of Countries. Quarterly Journal of Economics 106:407-444
    • (1991) Quarterly Journal of Economics , vol.106 , pp. 407-444
    • Barro, R.J.1
  • 4
    • 0002729879 scopus 로고    scopus 로고
    • Inequality and growth in a panel of countries
    • Barro RJ (2000) Inequality and Growth in a Panel of Countries. Journal of Economic Growth 5: 5-32
    • (2000) Journal of Economic Growth , vol.5 , pp. 5-32
    • Barro, R.J.1
  • 6
    • 0038906792 scopus 로고
    • Social security and consumer spending in an international cross section
    • Barro RJ, MacDonald GM (1979) Social Security and Consumer Spending in an International Cross Section. Journal of Public Economics 11:275-289
    • (1979) Journal of Public Economics , vol.11 , pp. 275-289
    • Barro, R.J.1    MacDonald, G.M.2
  • 8
    • 84947411690 scopus 로고
    • On finite distributions of generalized classical linear identification test statistics
    • Basmann R (1960) On Finite Distributions of Generalized Classical Linear Identification Test Statistics. Journal of the American Statistical Association 55:650-659
    • (1960) Journal of the American Statistical Association , vol.55 , pp. 650-659
    • Basmann, R.1
  • 9
    • 0003225960 scopus 로고
    • Family economics and macro behavior
    • Becker GS (1988) Family Economics and Macro Behavior. American Economic Review 78:1-13
    • (1988) American Economic Review , vol.78 , pp. 1-13
    • Becker, G.S.1
  • 12
    • 84871768280 scopus 로고
    • Problems with instrumental variables estimation when the correlation between the instruments and the endogenous explanatory variable is weak
    • Bound J, Jaeger DA, Baker R (1995) Problems with Instrumental Variables Estimation When the Correlation between the Instruments and the Endogenous Explanatory Variable Is Weak. Journal of American Statistical Association 90:443-450
    • (1995) Journal of American Statistical Association , vol.90 , pp. 443-450
    • Bound, J.1    Jaeger, D.A.2    Baker, R.3
  • 14
    • 3142748787 scopus 로고    scopus 로고
    • The impact of social security on saving and fertility in Germany
    • Cigno A, Casolaro L, Rosati FC (2003) The Impact of Social Security on Saving and Fertility in Germany. Finanzarchiv 59:189-211
    • (2003) Finanzarchiv , vol.59 , pp. 189-211
    • Cigno, A.1    Casolaro, L.2    Rosati, F.C.3
  • 15
    • 0026950033 scopus 로고
    • The effects of financial and social security on saving and fertility behavior in Italy
    • Cigno A, Rosati FC (1992) The Effects of Financial and Social Security on Saving and Fertility Behavior in Italy. Journal of Population Economics 5:319-341
    • (1992) Journal of Population Economics , vol.5 , pp. 319-341
    • Cigno, A.1    Rosati, F.C.2
  • 16
    • 0030428045 scopus 로고    scopus 로고
    • Jointly determined saving and fertility behaviour: Theory, and estimates for Germany, Italy, UK and USA
    • Cigno A, Rosati FC (1996) Jointly Determined Saving and Fertility Behaviour: Theory, and Estimates for Germany, Italy, UK and USA. European Economic Review 40:1561-1589
    • (1996) European Economic Review , vol.40 , pp. 1561-1589
    • Cigno, A.1    Rosati, F.C.2
  • 17
    • 0031093389 scopus 로고    scopus 로고
    • Rise and fall of the Japanese saving rate: The role of social security and intra-family transfers
    • Cigno A, Rosati FC (1997) Rise and Fall of the Japanese Saving Rate: The Role of Social Security and Intra-Family Transfers. Japan and the World Economy 9:81-92
    • (1997) Japan and the World Economy , vol.9 , pp. 81-92
    • Cigno, A.1    Rosati, F.C.2
  • 19
  • 20
    • 0010820877 scopus 로고
    • Taxes and capital formation: How important is human capital?
    • Davies JB, Whalley J (1989) Taxes and Capital Formation: How Important Is Human Capital? NBER Worker Paper No. 2899
    • (1989) NBER Worker Paper No. 2899 , vol.2899
    • Davies, J.B.1    Whalley, J.2
  • 21
    • 1442318411 scopus 로고    scopus 로고
    • Inequality and growth: Why differential fertility matters
    • de la Croix D, Doepke M (2003) Inequality and Growth: Why Differential Fertility Matters. American Economic Review 93:1091-1113
    • (2003) American Economic Review , vol.93 , pp. 1091-1113
    • De La Croix, D.1    Doepke, M.2
  • 22
    • 0000990327 scopus 로고
    • National debt in a neoclassical growth model
    • Diamond P (1965) National Debt in a Neoclassical Growth Model. American Economic Review 55:1125-1150
    • (1965) American Economic Review , vol.55 , pp. 1125-1150
    • Diamond, P.1
  • 23
    • 0002009269 scopus 로고    scopus 로고
    • Social security and the real economy: An inquiry into some neglected issues
    • Ehrlich I, Zhong JG (L998) Social Security and the Real Economy: An Inquiry into Some Neglected Issues. American Economic Review 88:151-157
    • (1998) American Economic Review , vol.88 , pp. 151-157
    • Ehrlich, I.1    Zhong, J.G.2
  • 25
    • 85016617365 scopus 로고
    • Social security, induced retirement, and aggregate capital formation
    • Feldstein MS (1974) Social Security, Induced Retirement, and Aggregate Capital Formation. Journal of Political Economy 23:905-926
    • (1974) Journal of Political Economy , vol.23 , pp. 905-926
    • Feldstein, M.S.1
  • 26
    • 0000974472 scopus 로고
    • Social security and private saving: Reply
    • Feldstein MS (1982a) Social Security and Private Saving: Reply. Journal of Political Economy 90:630-652
    • (1982) Journal of Political Economy , vol.90 , pp. 630-652
    • Feldstein, M.S.1
  • 28
    • 0012862662 scopus 로고    scopus 로고
    • Social security and saving: New time series evidence
    • Feldstein MS (1996) Social Security and Saving: New Time Series Evidence. National Tax Journal 49:151-164
    • (1996) National Tax Journal , vol.49 , pp. 151-164
    • Feldstein, M.S.1
  • 30
    • 84933492136 scopus 로고
    • Public versus private investment in human capital: Endogenous growth and income inequality
    • Glomm G, Ravikumar B (1991) Public versus Private Investment in Human Capital: Endogenous Growth and Income Inequality. Journal of Political Economy 100:818-834
    • (1991) Journal of Political Economy , vol.100 , pp. 818-834
    • Glomm, G.1    Ravikumar, B.2
  • 31
    • 0000250716 scopus 로고
    • Specification tests in econometrics
    • Hausman JJ (1978) Specification Tests in Econometrics. Econometrica 46:1251-1271
    • (1978) Econometrica , vol.46 , pp. 1251-1271
    • Hausman, J.J.1
  • 32
    • 70350105428 scopus 로고
    • Specification and estimation of simultaneous equations models
    • Grillches Z, Intrilligator M . North Holland, Amsterdam
    • Hausman JJ (1983) Specification and Estimation of Simultaneous Equations Models. In: Grillches Z, Intrilligator M, Handbook of Econometrics. North Holland, Amsterdam
    • (1983) Handbook of Econometrics
    • Hausman, J.J.1
  • 33
    • 0348012635 scopus 로고    scopus 로고
    • Center for International Comparisons at the University of Pennsylvania (CICUP)
    • Heston A, Summers R, Aten B (2002) Penn World Table Version 6.1. Center for International Comparisons at the University of Pennsylvania (CICUP)
    • (2002) Penn World Table Version 6.1.
    • Heston, A.1    Summers, R.2    Aten, B.3
  • 36
    • 0000245670 scopus 로고
    • Government debt, government spending and private sector behavior
    • Kormendi RC (1983) Government Debt, Government Spending and Private Sector Behavior. American Economic Review 73:994-1010
    • (1983) American Economic Review , vol.73 , pp. 994-1010
    • Kormendi, R.C.1
  • 37
    • 0000100854 scopus 로고
    • The role of intergenerational transfers in aggregate capital accumulation
    • Kotlikoff LJ, Summers LH (1981) The Role of Intergenerational Transfers in Aggregate Capital Accumulation. Journal of Political Economy 89:706-732
    • (1981) Journal of Political Economy , vol.89 , pp. 706-732
    • Kotlikoff, L.J.1    Summers, L.H.2
  • 38
    • 0025398222 scopus 로고
    • Endogenous fertility, ricardian equivalence, and the debt management policy
    • Lapan HE, Enders W (1990) Endogenous Fertility, Ricardian Equivalence, and the Debt Management Policy. Journal of Public Economics 41:227-248
    • (1990) Journal of Public Economics , vol.41 , pp. 227-248
    • Lapan, H.E.1    Enders, W.2
  • 39
    • 0000974471 scopus 로고
    • Social security and private saving: New time-series evidence
    • Leimer DR, Lesnoy SD (1982) Social Security and Private Saving: New Time-Series Evidence. Journal of Political Economy 90:606-629
    • (1982) Journal of Political Economy , vol.90 , pp. 606-629
    • Leimer, D.R.1    Lesnoy, S.D.2
  • 40
    • 0000344710 scopus 로고    scopus 로고
    • Using electoral cycles in police hiring to estimate the effect of police on crime
    • Levitt S (1997) Using Electoral Cycles in Police Hiring to Estimate the Effect of Police on Crime. American Economic Review 87:270-290
    • (1997) American Economic Review , vol.87 , pp. 270-290
    • Levitt, S.1
  • 41
    • 0026959873 scopus 로고
    • A sensitivity analysis of cross-country growth regressions
    • Levine R, Renelt D (1992) A Sensitivity Analysis of Cross-Country Growth Regressions. American Economic Review 82:942-963
    • (1992) American Economic Review , vol.82 , pp. 942-963
    • Levine, R.1    Renelt, D.2
  • 44
    • 0037247910 scopus 로고    scopus 로고
    • Social security and personal saving: 1971 and beyond
    • Meguire P (2003) Social Security and Personal Saving: 1971 and Beyond. Empirical Economics 28:115-139
    • (2003) Empirical Economics , vol.28 , pp. 115-139
    • Meguire, P.1
  • 45
    • 0042522402 scopus 로고
    • Determinants of private saving with special reference to the role of social security-cross-country tests
    • Modigliani F, Hemming R . Macmillan, London
    • Modigliani F, Sterling A (1983) Determinants of Private Saving with Special Reference to the Role of Social Security-Cross-Country Tests. In: Modigliani F, Hemming R, The Determinants of National Saving and Wealth . Macmillan, London
    • (1983) The Determinants of National Saving and Wealth
    • Modigliani, F.1    Sterling, A.2
  • 47
    • 1442351552 scopus 로고    scopus 로고
    • Social security in theory and practice II: Efficiency theories and implications for reform
    • Mulligan CB, Sala-i-Martin X (1999) Social Security in Theory and Practice II: Efficiency Theories and Implications for Reform. NBER Working Paper No. 7119
    • (1999) NBER Working Paper No. 7119 , vol.7119
    • Mulligan, C.B.1    Sala-i-Martin, X.2
  • 48
    • 0000878807 scopus 로고
    • The distribution of the instrument variables estimator and the T-ratios when the instrument is a poor one
    • Nelson C, Startz R (1990) The Distribution of the Instrument Variables Estimator and the T-Ratios When the Instrument Is a Poor One. Journal of Business 63:8125-8140
    • (1990) Journal of Business , vol.63 , pp. 8125-8140
    • Nelson, C.1    Startz, R.2
  • 49
    • 0026894566 scopus 로고
    • Pay-as-you-go public pensions with endogenous fertility
    • Nishimura K, Zhang J (1992) Pay-As-You-Go Public Pensions with Endogenous Fertility. Journal of Public Economics 48:239-258
    • (1992) Journal of Public Economics , vol.48 , pp. 239-258
    • Nishimura, K.1    Zhang, J.2
  • 50
    • 0029475622 scopus 로고
    • Education and income growth: Implications for cross-country inequality
    • O'Neill D (1995) Education and Income Growth: Implications for Cross-Country Inequality. Journal of Political Economy 103:1289-1301
    • (1995) Journal of Political Economy , vol.103 , pp. 1289-1301
    • O'Neill, D.1
  • 52
    • 0000619128 scopus 로고
    • Tests for specification errors in classical linear least squares regression analysis
    • Ramsey JB (1969) Tests for Specification Errors in Classical Linear Least Squares Regression Analysis. Journal of the Royal Statistical Society Series B, 31:350-371
    • (1969) Journal of the Royal Statistical Society Series B , vol.31 , pp. 350-371
    • Ramsey, J.B.1
  • 53
    • 0001164866 scopus 로고
    • Cross-sectional regressions and the empirics of economic growth
    • Sala-i-Martin X (1994) Cross-Sectional Regressions and the Empirics of Economic Growth. European Economic Review 38:739-747
    • (1994) European Economic Review , vol.38 , pp. 739-747
    • Sala-i-Martin, X.1
  • 54
  • 56
    • 84983921552 scopus 로고
    • A new set of international comparison of real product and price levels estimates for 130 countries
    • Summers R, Heston A (1988) A New Set of International Comparison of Real Product and Price Levels Estimates for 130 Countries. Review of Income and Wealth 34:1-25
    • (1988) Review of Income and Wealth , vol.34 , pp. 1-25
    • Summers, R.1    Heston, A.2
  • 59
    • 0000368841 scopus 로고
    • Non-neutrality of debt with endogenous fertility
    • Wildasin DE (1990) Non-Neutrality of Debt with Endogenous Fertility. Oxford Economic Papers 42:414-428
    • (1990) Oxford Economic Papers , vol.42 , pp. 414-428
    • Wildasin, D.E.1
  • 60
    • 0042843671 scopus 로고    scopus 로고
    • Optimal debt, endogenous fertility, and human capital externalities in a model with altruistic bequests
    • Zhang J (2003) Optimal Debt, Endogenous Fertility, and Human Capital Externalities in a Model with Altruistic Bequests. Journal of Public Economics 87:1825-1835
    • (2003) Journal of Public Economics , vol.87 , pp. 1825-1835
    • Zhang, J.1
  • 61
    • 0030496314 scopus 로고    scopus 로고
    • Optimal public investment in education and endogenous growth
    • Zhang J (1996) Optimal Public Investment in Education and Endogenous Growth. Scandinavian Journal of Economics 98:387-404
    • (1996) Scandinavian Journal of Economics , vol.98 , pp. 387-404
    • Zhang, J.1
  • 62
    • 0000767671 scopus 로고
    • Social security and endogenous growth
    • Zhang J (1995) Social Security and Endogenous Growth. Journal of Public Economics 58:185-213
    • (1995) Journal of Public Economics , vol.58 , pp. 185-213
    • Zhang, J.1
  • 63
    • 0028552065 scopus 로고
    • The effect of tax-transfer policy on fertility in Canada, 1921-88
    • Zhang J, Quan J, Meerbergen PV (1994) The Effect of Tax-Transfer Policy on Fertility in Canada, 1921-88. Journal of Human Resources 29:181-201
    • (1994) Journal of Human Resources , vol.29 , pp. 181-201
    • Zhang, J.1    Quan, J.2    Meerbergen, P.V.3


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.