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Centre for Policy on Ageing | |
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The moral economy of intergenerational redistribution in an ageing society
— a qualitative analysis of young adults' beliefs in the United States | | Author(s) | Katrin Prinzen |
| Journal title | Social Policy and Administration, vol 51, no 7, December 2017 |
| Publisher | Wiley, December 2017 |
| Pages | pp 1267-1286 |
| Source | http://www.wileyonlinelibrary.com/journal/spol |
| Keywords | Income [older people] ; Assets [elderly] ; Wealth ; Social economics ; Older people ; Attitude ; Young adults [20-25] ; Qualitative Studies ; United States of America. |
| Annotation | The baby boomers, the largest generation in the USA, is currently retiring and increasingly drawing from Old Age Social Security. In this context, young generations are said to be disadvantaged: they have to support a growing number of pensioners, while expecting much lower pensions themselves. Drawing on 14 semi-structured interviews with young US citizens aged 20-36, this study analyses the moral economy of intergenerational redistribution - defined as normative beliefs and justifications of a just distribution of contributions and benefits between generations. The qualitative content analysis resorts to the four constituent institutional principles of intergenerational redistribution: deservingness (being qualified to receive support); reciprocity (mutual support between generations); equity (relation between inputs and outputs for one generation); and equality (corresponding conditions for different generations). The first main finding is that the young hold multiple normative beliefs in favour of intergenerational redistribution. The second main finding is that different normative beliefs and justifications can compensate for feelings of injustice attributable to the consequences of an ageing society. Implications for public support for intergenerational redistribution in the ageing society of the USA and other countries are discussed. (RH). |
| Accession Number | CPA-171208203 A |
| Classmark | JF: JD: W7: W4: B: DP: SD6: 3DP: 7T |
Data © Centre for Policy on Ageing |
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| ...from the Ageinfo database published by Centre for Policy on Ageing. |
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