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fertility and transfers dampen intergenerational mobility. To evaluate the quantitative importance of this mechanism, we extend … income-fertility profile would-through the equalization of initial conditions-increase intergenerational mobility by 6%. The …
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are caused by ex-ante differences in lifeexpectancy. However, these pension reforms may themselves induce redistribution …
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relationship between inequality of entitlements, mortality risk, and the size of redistribution in a stylized social security …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 …
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are caused by ex-ante differences in life expectancy. However, these pension reforms may themselves induce redistribution …
Persistent link: https://www.econbiz.de/10012597180
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...
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