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Our societies are witnessing a steady increase in longevity. This demographic evolution is accompanied by some convergence across countries, whereas substantial longevity inequalities persist within nations. The goal of this paper is to survey some crucial implications of changing longevity on...
Persistent link: https://www.econbiz.de/10010288249
We study the design of pension benefits for male and female workers. Women live longer than men but have a lower wage. Individuals can be single or live in couples who pool their incomes. Social welfare is utilitarian but an increasing concave transformation of individuals’ lifetime utilities...
Persistent link: https://www.econbiz.de/10013224069
The cross-country relationship between Covid-19 crude mortality rates and previously measured income inequality and … associated with higher mortality. The death rate has a consistent strong positive relationship with the Gini coefficient for …
Persistent link: https://www.econbiz.de/10013237221
relationship between inequality of entitlements, mortality risk, and the size of redistribution in a stylized social security … system. We find that mortality risk, when negatively correlated with entitlements, significantly lowers subjects’ willingness …
Persistent link: https://www.econbiz.de/10013292508
expectancy uses a Bayesian Model Ensemble approach to stochastic mortality modelling to generate forecasts of intergenerationally …
Persistent link: https://www.econbiz.de/10013314670
We study the impact of endogenous longevity on optimal tax progressivity and inequality in an overlapping generations model with skill heterogeneity. Higher tax progressivity decreases both the longevity gap and net income inequality, but at the expense of lower average lifetime and lower...
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