individuals face ex ante differences in mortality. Differences in life expectancy between high and low socioeconomic groups are … plans, calibrated on the US case. Compared to a benchmark non-redistributive plan that accounts for differences in mortality …

individuals face ex ante differences in mortality. Differences in life expectancy between high and low socioeconomic groups are … plans, calibrated on the US case. Compared to a benchmark non-redistributive plan that accounts for differences in mortality …

nonredistributive plan that accounts for differences in mortality, US Social Security reduces regressivity from longevity differences …

system. While it can include a wide range of redistribution schemes depending on political choices, indexation rules should …

well-chosen cap has an additional advantage: it limits the unintended income redistribution from the short-lived to the … cap on the social welfare and the unintended income redistribution. …