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This paper is an empirical overview of inequalities of pension outcomes in six European countries, which are shaped by a variety of institutional pensions schemes. The study contrasts pension system regulation in Denmark, Finland, Germany, Italy, Sweden and the United Kingdom; and analyses their...
Persistent link: https://www.econbiz.de/10010422868
Pension systems in European countries are under review due to demographic changes. As a solution to the graying population, second and third pillar pensions are advocated. However, it is important not to lose sight of the social consequences of encouraging these private pensions. In this master...
Persistent link: https://www.econbiz.de/10003881796
Persistent link: https://www.econbiz.de/10003335863
How can we evaluate the redistributive effect of welfare states? Do tax and transfer systems reduce the level of inequality generated in the market? In order to answer these questions, we need to be equipped with adequate measures of redistribution. Current measures employed in the sociology and...
Persistent link: https://www.econbiz.de/10003881698
The paper investigates the effectiveness of the median voter as a decisive agent in the process of redistribution. According to the previous literature, it tests several assumptions finding interesting results: The positive relation between inequality and redistribution is confirmed, but the...
Persistent link: https://www.econbiz.de/10003881703
This paper surveys the rise of income inequality in affluent nations. Social programs are critical to keeping inequality in check, but their sustainability is increasingly threatened. A possible solution is high levels of employment.
Persistent link: https://www.econbiz.de/10008669300
There is confusion in the literature concerning the relationship between income inequality and redistribution in a cross-country perspective. The reason for this is that different contributions in the literature are not referring to the same characteristic. This is shown by addressing...
Persistent link: https://www.econbiz.de/10008669328
The reformulation of the median voter hypothesis and its testing proposed in Milanovic (2000) has been criticized from four different perspectives. The critiques are discussed and assessed. -- Median voter ; Income distribution ; Redistribution
Persistent link: https://www.econbiz.de/10008669345
Based on the standard axiom of individual utility maximization, rational choice has postulated that higher income inequality translates into greater redistribution by shaping the median voter's preferences. While numerous papers have tested this proposition, the literature has remained divided...
Persistent link: https://www.econbiz.de/10009545458
We use a range of data sources to assess if, and to what extent, government redistribution policies have slowed or accelerated the trend towards greater income disparities in the past 20-25 years. In most countries, inequality among “non-elderly” households has widened during most phases of...
Persistent link: https://www.econbiz.de/10009489305