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- Social Security And Political Election In Retirement Age

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Author Info
Francisco M. Lagos (Universidad de Alicante)
Juan Antonio Lacomba (Universidad de Alicante)

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Abstract

We focus on the consequences of a voting process on the retirement age when agents have different ages and wages. We have two groups: retired people and workers. Once the retirement age is determined through a voting process, we verify if that age will keep the same popular support in future elections. At the end, we do an exercise of comparative static in order to analyze how the retirement age is conditioned by the redistributive level of the Social Security System. In this way, we also study how elected retirement age is affected by the wage distribution.

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File URL: http://www.ivie.es/downloads/docs/wpasad/wpasad-2000-11.pdf
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File Function: Fisrt version / Primera version, 2000
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Publisher Info
Paper provided by Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie) in its series Working Papers. Serie AD with number 2000-11.

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Length: 42 pages
Date of creation: Jun 2000
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Publication status: Published by Ivie
Handle: RePEc:ivi:wpasad:2000-11

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Related research
Keywords: Social security retirement age median voter.

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References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. Lex Meijdam & Harrie A. A. Verbon, 1996. "Aging and political decision making on public pensions," Journal of Population Economics, Springer, vol. 9(2), pages 141-158.
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  2. Casamatta, G. & Cremer, H. & Pestieau, P., 1998. "On the Political Sustainability of Redistributive Social Insurance Systems," Papers 9838, Catholique de Louvain - Center for Operations Research and Economics.
  3. Francisco M. Lagos & Juan Antonio Lacomba, 2001. "Election On Retirement Age," Working Papers. Serie AD 2001-09, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie). [Downloadable!]
  4. John B. Burbidge & A. Leslie Robb, 1980. "Pensions and Retirement Behaviour," Canadian Journal of Economics, Canadian Economics Association, vol. 13(3), pages 421-37, August. [Downloadable!] (restricted)
  5. Hansson, Ingemar & Stuart, Charles, 1989. "Social Security as Trade among Living Generations," American Economic Review, American Economic Association, vol. 79(5), pages 1182-95, December. [Downloadable!] (restricted)
  6. Sheshinski, Eytan, 1978. "A model of social security and retirement decisions," Journal of Public Economics, Elsevier, vol. 10(3), pages 337-360, December. [Downloadable!] (restricted)
    Other versions:
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(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Francisco M. Lagos & Juan Antonio Lacomba, 2001. "Election On Retirement Age," Working Papers. Serie AD 2001-09, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie). [Downloadable!]
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