IDEAS home Printed from
MyIDEAS: Login to save this article or follow this journal

Who Really Benefits from Pension Systems ? When Life Expectancy Matters

  • Christophe Hachon

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.

If 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.

File URL:
Download Restriction: free

File URL:
Download Restriction: free

Article provided by Dalloz in its journal Revue d'économie politique.

Volume (Year): 119 (2009)
Issue (Month): 4 ()
Pages: 613-632

in new window

Handle: RePEc:cai:repdal:redp_194_0613
Contact details of provider: Web page:

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.:

as in new window
  1. Georges Casamatta & Helmuth Cremer & Pierre Pestieau, 2000. "The Political Economy of Social Security," CESifo Working Paper Series 259, CESifo Group Munich.
  2. Angus Deaton & Christina Paxson, 1999. "Mortality, Education, Income, and Inequality among American Cohorts," NBER Working Papers 7140, National Bureau of Economic Research, Inc.
  3. Nicolas Drouhin, 2001. "Lifetime Uncertainty and Time Preference," Theory and Decision, Springer, vol. 51(2), pages 145-172, December.
  4. Chakraborty, Shankha, 2004. "Endogenous lifetime and economic growth," Journal of Economic Theory, Elsevier, vol. 116(1), pages 119-137, May.
  5. Florence Legros, 1994. "Caractère redistributif des systèmes de retraite," Revue Économique, Programme National Persée, vol. 45(3), pages 805-818.
  6. Nicolas Drouhin, 2001. "Inégalités face à la mort et systèmes de retraite," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-00760957, HAL.
  7. Rainald Borck, 2007. "On the Choice of Public Pensions when Income and Life Expectancy Are Correlated," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 9(4), pages 711-725, 08.
  8. Alessandro, SOMMACAL, 2004. "Pension systems and intragenerational redistribution when labor supply is endogenous," Discussion Papers (IRES - Institut de Recherches Economiques et Sociales) 2004008, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).
  9. Mitchell, Olivia S & Zeldes, Stephen P, 1996. "Social Security Privatization: A Structure for Analysis," American Economic Review, American Economic Association, vol. 86(2), pages 363-67, May.
  10. Jeffrey B Liebman, 2002. "Redistribution in the Current U.S. Social Security System," Working Papers 02-09, Center for Economic Studies, U.S. Census Bureau.
  11. Cremer, Helmuth & Pestieau, Pierre, 2000. "Reforming our pension system: Is it a demographic, financial or political problem?," European Economic Review, Elsevier, vol. 44(4-6), pages 974-983, May.
  12. Jean-Olivier Hairault & François Langot, 2008. "Inequality and Social Security Reforms," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-00754304, HAL.
Full references (including those not matched with items on IDEAS)

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

When requesting a correction, please mention this item's handle: RePEc:cai:repdal:redp_194_0613. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Jean-Baptiste de Vathaire)

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.

This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.