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On the public economics of annuities with differential mortality
Bommier, Antoine; Leroux, Marie-Louise; Lozachmeur, … - 2010
This paper studies the problem of redistribution between individuals having different mortality rates. We use a …
Persistent link: https://www.econbiz.de/10008748215
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On the Public Economics of Annuities with Differential Mortality
Bommier, Antoine - 2010
This paper studies the problem of redistribution between individuals having different mortality rates. We use a …
Persistent link: https://www.econbiz.de/10013138302
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The 'Illegal' Tax
Lipman, Francine J. - 2012
Almost fifty years ago in 1965, on the steps of the State Capital in Montgomery, Alabama, Dr. Martin Luther King, Jr., asked a crowd of twenty-five thousand "How long will prejudice blind the visions of men, darken their understanding, and drive bright-eyed wisdom from her sacred throne?" The...
Persistent link: https://www.econbiz.de/10013108895
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Demand for Retirement Products : An Analysis of Individual Welfare
Chen, An; Rach, Manuel - 2021
probabilities, like tontines, in addition to traditional annuities. Preferences of agents are modeled by a generalized life … temporal risk aversion prefer to invest positive fractions of wealth in both annuities and tontines to full annuitization. In …
Persistent link: https://www.econbiz.de/10013212495
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On the public economics of annuities with differential mortality
Bommier, Antoine; Leroux, Marie-Louise; Lozachmeur, … - 2009
Persistent link: https://www.econbiz.de/10003859066
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On the public economics of annuities with differential mortality
Bommier, Antoine; Leroux, Marie-Louise; Lozachmeur, … - In: Journal of public economics 95 (2011) 7/8, pp. 612-623
Persistent link: https://www.econbiz.de/10009270559
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Redistributive effects of different pension structures when longevity varies by socioeconomic status in a general equilibrium setting
Sanchez-Romero, Miguel; Lee, Ronald Demos; … - 2019
Differences in life expectancy between high and low socioeconomic groups are often large and have widened recently in many countries. Such longevity gaps affect the actuarial fairness and progressivity of public pension systems. However, behavioral responses to longevity and policy complicate...
Persistent link: https://www.econbiz.de/10012314266
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Social insurance against a short life : ante-mortem versus post-mortem policies
Ponthiere, Gregory - 2023
Welfare States do not insure citizens against the risk of premature death, i.e., the risk of having a short life. Using a dynamic OLG model with risky lifetime, this paper compares two insurance devices reducing well-being volatility due to the risk of early death: (i) an ante-mortem age-based...
Persistent link: https://www.econbiz.de/10014432194
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Does ethnic heterogeneity decrease workers' effort in the presence of income redistribution? : an experimental analysis
Schütt, Christoph; Pipke, David; Detlefsen, Lena; … - 2022
Ethnic discrimination is ubiquitous, and it has been shown to exert adverse effects on income redistribution. The … work effort knowing that their income will finance redistribution to ethnic minorities. We test for this mechanism … statistically insignificantly. Workers’ beliefs over the third party’s redistribution rate do not mediate such results and are …
Persistent link: https://www.econbiz.de/10013279997
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Is social security part of the social safety net?
Brown, Jeffrey R.; Coronado, Julia Lynn; Fullerton, Don - 2009
Building on the existing literature that examines the extent of redistribution in the Social Security system as a whole … inequality. Second, we find that this result is driven largely by the lack of redistribution across the middle and upper part of … distribution. Third, in cases where redistribution does occur, we find it is not efficiently targeted: many high income households …
Persistent link: https://www.econbiz.de/10003824985