This article explores the determinants of relative market income poverty and poverty reduction in advanced industrial democracies; that is, pre-tax and transfer relative poverty and reduction in poverty rates due to the tax and transfer system. Using data from twenty countries between 1969 and...

The last three decades have witnessed rising inequality and deepening financialization (however defined) in post-industrial democracies. A rapidly growing body of literature has linked the two phenomena (see e.g. Dünhaupt 2014, Godechot 2016, Flaherty 2015, Roberts and Kwon 2017). Contrary to...

Since pension schemes—along with health care and education—absorb the largest amount of social expenditure in all countries, their reform has a potentially major impact both on the fiscal situation of the state and on the life chances of citizens who stand to win or lose from new...