Private Pensions and Individual Savings

نویسنده

  • George Katona
چکیده

had their second child expected on t,he average to have 3 children when their families are completed; those who had had a fourth child expected 4.6 children. While these expectations are somewhat, lower than those found among white Detroit area women at comparable parities, there is serious question as to whether they are realistic. Attitudes and use of birth control among the Negro sample lend credence to the idea that expectations may not be realized. A fairly high proportion indicated that they were in favor of birth control, but considerable numbers also reported never having used it. Family income, education, and occupation were all positively related to later marriage and slower family building patterns. Twenty-five percent of the second-parity families and 52 percent of the fourth either were receiving welfare assistance at the time of the interview or had received it sometime in the past. While a sample of this size does not, provide a large number of cases for detailed analysis, the differences were large and striking and worth comment. Wives who were receiving welfare, or had been in the past, expected more children than those who had never been on welfare, and timing patterns indicate that the differentials in expectations of the two groups may if anything be accentuated when families are completed. Earlier marriage, more illegitimacy, and shorter intervals between births characterized the welfare group. There was a great deal of dissatisfaction with this timing of children. The low proportion who have ever used birth control, ho\vever, makes the probability slight that the spacing pattern will change to one more to the respondents’ liking.

برای دانلود متن کامل این مقاله و بیش از 32 میلیون مقاله دیگر ابتدا ثبت نام کنید

ثبت نام

اگر عضو سایت هستید لطفا وارد حساب کاربری خود شوید

منابع مشابه

Collective Annuities and Redistribution. Collective Annuities and Redistribution

In a number of countries one observes a steady decline in defined benefits pensions schemes, public or private, funded or unfunded, and a simultaneous expansion of defined contributions plans. One of the consequences of this trend is to deprive individuals at the time of their retirement from the benefit of collective annuitization. Collective annuities can be distinguished from individual ones...

متن کامل

New Economic Instruments of State Regulation of Private Savings, Social Security and Pension Support

In the conditions of market infrastructure for the transformation of medical services, there is an objective need to build effective insurance protection of the population against risks associated with loss of health. Using a systematic approach, the problem of combining compulsory and voluntary health insurance is investigated, a theoretical conceptualization of the concept of “financial mecha...

متن کامل

The relationships between public and private pension schemes: an introductory overview.

Only recently have social insurance and private pensions, collectively, come to be thought of in terms of a total social security benefit package. The economic problems brought on by the 1974 oil crisis initially triggered consideration of a common, integrated role for the two systems. The second oil crisis reinforced the relative expansion in private pension programs, as a supplement to social...

متن کامل

The Displacement Effect of Public Pensions on the Accumulation of Financial Assets.

The generosity of public pensions may depress private savings and provide incentives to retire early. While there is plenty of evidence supporting the latter effect, there remains considerable controversy whether public pensions crowd out private savings. This paper uses international micro-datasets collected over recent years to investigate whether public pensions displace private savings. The...

متن کامل

Pensions , Labor Market Participation , and Economic Growth

This paper analyses a model of overlapping generations in which agents who do not participate in the labor market are unable to borrow. Thus an increase in a fully funded pension raises aggregate savings even with a fixed participation rate since private savings are not crowded out one-for-one. When labor force participation is determined endogenously, a rise in the level of fully funded pensio...

متن کامل

Behavioral economics perspectives on public sector pension plans.

We describe the pension plan features of the states and the largest cities and counties in the U.S. Unlike in the private sector, defined benefit (DB) pensions are still the norm in the public sector. However, a few jurisdictions have shifted toward defined contribution (DC) plans as their primary savings plan, and fiscal pressures are likely to generate more movement in this direction. Holding...

متن کامل

ذخیره در منابع من


  با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید

برای دانلود متن کامل این مقاله و بیش از 32 میلیون مقاله دیگر ابتدا ثبت نام کنید

ثبت نام

اگر عضو سایت هستید لطفا وارد حساب کاربری خود شوید

عنوان ژورنال:

دوره   شماره 

صفحات  -

تاریخ انتشار 2000