Redistribution through alternative pension reforms: A life-cycle analysis on French occupational groups

Reforms of pension systems are currently engaged or considered -in many of the European countries, like in France. Alternative reforms not only involve different macroeconomic effects but also large distributive consequences both between ages, income or socio-economic groups. This paper uses a life-cycle equilibrium model, with heterogeneous agents and individual risk, to assess the effects of various pension reform scenarios on different occupational groups in France. The effects of reforms are shown on wealth and consumption profile as well as on measures of inequality.