Comparing Government Redistribution Across Countries: The Problem of Second-Order Effects
We offer an alternative to the conventional measure of government redistribution that seeks to address problems of second-order effects whereby income guarantees arising from public pensions make it less necessary for people to save for their retirement, rendering the "pregovernment" counterfactual to the observed postgovernment distribution unrealistic. Copyright (c) 2010 by the Southwestern Social Science Association.
Volume (Year): 91 (2010)
Issue (Month): s1 ()
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