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Who Really Benefits from Pension Systems ? When Life Expectancy Matters

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  • Christophe Hachon

Abstract

Une importante littérature empirique montre que l?esperance de vie dépend du niveau de salaire. En utilisant un modèle à générations imbriquées, et une petite économie ouverte, nous expliquons en quoi ce résultat peut modifier les propriétés redistributives des systèmes de retraite par répartition. Nous utilisons le concept de « contribution nette » pour mesurer cette redistributivite des systèmes de retraite. Nous montrons alors que les systèmes Beveridgiens restent redistributifs. Cependant, les plus pauvres ne bénéficient pas le plus de ces systèmes de retraite. Inversement, les systèmes Bismarckiens sont régressifs. Cela implique un transfert de ressources des agents les plus pauvres vers les agents les plus riches. Quant aux systèmes mixtes, i.e. à la fois Beveridgiens et Bismarckiens, ils peuvent impliquer un transfert de ressources des classes moyennes vers les plus pauvres et les plus riches.

Suggested Citation

  • Christophe Hachon, 2009. "Who Really Benefits from Pension Systems ? When Life Expectancy Matters," Revue d'économie politique, Dalloz, vol. 119(4), pages 613-632.
    • Handle: RePEc:cai:repdal:redp_194_0613
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    References listed on IDEAS

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    Cited by:

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    2. A. Cazenave-Lacroutz & F. Godet & V. Lin, 2018. "The introduction of a social gradient in mortality in the Destinie 2 model," Documents de Travail de l'Insee - INSEE Working Papers g2018-12, Institut National de la Statistique et des Etudes Economiques.
    3. Tim Krieger & Thomas Lange, 2012. "Education, Life Expectancy and Pension Reform," Hacienda Pública Española / Review of Public Economics, IEF, vol. 202(3), pages 31-55, September.
    4. Keivan Diakite & Pierre Devolder, 2021. "Progressive Pension Formula and Life Expectancy Heterogeneity," Risks, MDPI, vol. 9(7), pages 1-19, July.
    5. Christophe Hachon, 2010. "Éducation et progressivité des systèmes de retraite. Quand les inégalités face à la mort comptent," Revue économique, Presses de Sciences-Po, vol. 61(4), pages 751-769.
    6. Isabelle Joumard & Mauro Pisu & Debbie Bloch, 2012. "Tackling income inequality: The role of taxes and transfers," OECD Journal: Economic Studies, OECD Publishing, vol. 2012(1), pages 37-70.

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