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and causal for a potential structural pattern of redistribution between different income and health groups, induced by the … close to positively linear. Additionally we find that the income gradient is steeper for pensioners in bad health, meaning … public pension system, with a special emphasis on differential results with respect to health. This relationship is crucial …
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In a two-period model with agent heterogeneity we analyze a pension reform toward a stronger link between contributions and benefits (as recently observed in several countries) in a pension system with a Bismarckian and a Beveridgian component. We show that such a policy change reduces the...
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