Should pensions be progressive?
AbstractThe present paper quantitatively characterizes the consequences of rising pension progressivity in an overlapping generations model with idiosyncratic income, disability and longevity risk as well as endogenous labor supply at the intensive and extensive margin. Focusing on the German pension system which is purely earnings related, we increase the degree of progressivity and compute the optimal mix between flat and earnings-related pensions.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Bibliographic InfoArticle provided by Elsevier in its journal European Economic Review.
Volume (Year): 63 (2013)
Issue (Month): C ()
Contact details of provider:
Web page: http://www.elsevier.com/locate/eer
Stochastic OLG model; Tax-benefit linkage; Endogenous retirement; Intra-generational risk sharing; Old-age poverty;
Find related papers by JEL classification:
- C68 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Computable General Equilibrium Models
- H55 - Public Economics - - National Government Expenditures and Related Policies - - - Social Security and Public Pensions
- J11 - Labor and Demographic Economics - - Demographic Economics - - - Demographic Trends, Macroeconomic Effects, and Forecasts
- J26 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Retirement; Retirement Policies
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
- Lars P. Feld & Manuel Kallweit & Anabell Kohlmeier, 2013.
"Maßnahmen zur Vermeidung von Altersarmut: Makroökonomische Folgen und Verteilungseffekte,"
Perspektiven der Wirtschaftspolitik,
Verein für Socialpolitik, vol. 14(3-4), pages 279-304, 08.
- Feld, Lars P. & Kallweit, Manuel & Kohlmeier, Anabell, 2013. "Maßnahmen zur Vermeidung von Altersarmut: Makroökonomische Folgen und Verteilungseffekte," Freiburg Discussion Papers on Constitutional Economics 13/10, Walter Eucken Institut e.V..
- Feld, Lars P. & Kallweit, Manuel & Kohlmeier, Anabell, 2013. "Maßnahmen zur Vermeidung von Altersarmut: Makroökonomische Folgen und Verteilungseffekte," Working Papers 03/2013, German Council of Economic Experts / Sachverständigenrat zur Begutachtung der gesamtwirtschaftlichen Entwicklung.
- Nick Draper & AndrÃ© Nibbelink & Johannes Uhde, 2013. "An Assessment of Alternatives for the Dutch First Pension Pillar, The Design of Pension Schemes," CPB Discussion Paper 259, CPB Netherlands Bureau for Economic Policy Analysis.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Zhang, Lei).
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.