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Using a sample of 20 OECD countries it is shown that the majority of countries decreased the level of intragenerational redistribution in the first pillar of their pension systems, though the evidence is weak in statistical terms. We find strong correlations between changes of the so-called...
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We empirically investigate whether the significance of intragenerational redistribution in the public pillar of pension systems in 20 OECD countries has changed systematically since the 1980s and whether international convergence of the degree of intragenerational redistribution in terms of the...
Persistent link: https://www.econbiz.de/10003881755
In most OECD countries, pension reform policy has decreased the level of intragenerational redistribution over the last three decades, that is, redistribution among members of the same generation with high and low pension entitlements. This trend has occurred despite heterogeneity in life...
Persistent link: https://www.econbiz.de/10013174148
In most OECD countries, pension reform policy has decreased the level of intragenerational redistribution over the last three decades, that is, redistribution among members of the same generation with high and low pension entitlements. This trend has occurred despite heterogeneity in life...
Persistent link: https://www.econbiz.de/10013184496
We introduce a skewness-based approach to measure tax progression and demand for redistribution. We provide a political economy foundation for a novel measure of skewness by expressing key properties of the classical model of voting over income redistribution (Meltzer and Richard, 1981) and the...
Persistent link: https://www.econbiz.de/10012934159
In most OECD countries, pension reform policy has decreased the level of intragenerational redistribution over the last three decades, that is, redistribution among members of the same generation with high and low pension entitlements. This trend has occurred despite heterogeneity in life...
Persistent link: https://www.econbiz.de/10013292508
Income redistribution with an efficiency loss is expected to have a twofold negative effect on voters' support for redistribution, as it lowers aggregate egoistic support for redistribution and activates voters' efficiency preferences. The paper is dedicated to test whether such a negative...
Persistent link: https://www.econbiz.de/10012901165