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Explaining Europeans' preferences for pension provision

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  • van Groezen, Bas
  • Kiiver, Hannah
  • Unger, Brigitte

Abstract

This paper analyses which factors are most important for explaining why people in fifteen European countries prefer either public, occupational or private pension provision. We make a distinction between personal characteristics such as age, gender and occupation, nationality and the actual, current kind of pension provision that respondents have. Using a large European survey, we find that although all three types of variables are important, the current pension provision and nation-specific effects have a much stronger effect than personal characteristics.

Suggested Citation

  • van Groezen, Bas & Kiiver, Hannah & Unger, Brigitte, 2009. "Explaining Europeans' preferences for pension provision," European Journal of Political Economy, Elsevier, vol. 25(2), pages 237-246, June.
    • Handle: RePEc:eee:poleco:v:25:y:2009:i:2:p:237-246
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    References listed on IDEAS

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    1. Browning, Edgar K, 1975. "Why the Social Insurance Budget Is Too Large in a Democracy," Economic Inquiry, Western Economic Association International, vol. 13(3), pages 373-388, September.
    2. Wang, Lu & Davis, Otto A, 2003. "Freedom and Other Variables in the Choice of Public Pension Systems," Public Choice, Springer, vol. 114(3-4), pages 361-385, March.
    3. Galasso, Vincenzo & Profeta, Paola, 2002. "The political economy of social security: a survey," European Journal of Political Economy, Elsevier, vol. 18(1), pages 1-29, March.
    4. Bas van Groezen & H. Kiiver & B. Unger, 2006. "Coordination of Pension Provision in a Divided Europe: The Role of Citizens' Preferences," Working Papers 06-08, Utrecht School of Economics.
    5. Tito Boeri & Axel Boersch-Supan & Guido Tabellini, 2002. "Pension Reforms and the Opinions of European Citizens," American Economic Review, American Economic Association, vol. 92(2), pages 396-401, May.
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    Cited by:

    1. Yosr Abid Fourati & Cathal O'Donoghue, 2009. "Eliciting Individual Preferences for Pension Reform," Working Papers 0150, National University of Ireland Galway, Department of Economics, revised 2009.
    2. Robert Grafstein, 2015. "Public pensions and the intergenerational politics of aging societies," Journal of Theoretical Politics, , vol. 27(3), pages 457-484, July.
    3. Vermeer, Niels & Mastrogiacomo, Mauro & Van Soest, Arthur, 2016. "Demanding occupations and the retirement age," Labour Economics, Elsevier, vol. 43(C), pages 159-170.
    4. Fedotenkov, Igor, 2018. "Corruption vs reforms: Why do voters prefer the former?," MPRA Paper 89581, University Library of Munich, Germany.
    5. Ju. A. Zelikova, 2022. "Social Justice and Social Reform under Condition of Population Aging. Systematic Literature Review," Administrative Consulting, Russian Presidential Academy of National Economy and Public Administration. North-West Institute of Management., issue 1.
    6. Hollanders, D.A. & Vis, B., 2009. "Voters' Commitment Problem and Welfare-Program Reforms," Discussion Paper 2009-93, Tilburg University, Center for Economic Research.
    7. Adeabah, David & Asongu, Simplice & Andoh, Charles, 2021. "Remittances, ICT and pension income coverage: The international evidence," Technological Forecasting and Social Change, Elsevier, vol. 173(C).
    8. Peeters, Marga, 2011. "“Better Safe than Sorry” - Individual Risk-free Pension Schemes in the European Union - Macroeconomic Benefits, the Mobile Working Citizen’s Perspective and Why Nots," MPRA Paper 33571, University Library of Munich, Germany.
    9. Adam Okulicz-Kozaryn, 2014. "Winners and Losers in Transition: Preferences for Redistribution and Nostalgia for Communism in Eastern Europe," Kyklos, Wiley Blackwell, vol. 67(3), pages 447-461, August.
    10. Marga Peeters, 2012. "Better Safe than Sorry - Individual Risk-free Pension Schemes in the European Union," Contemporary Economics, University of Economics and Human Sciences in Warsaw., vol. 6(3), September.
    11. Jochem Bresser & Arthur Soest, 2015. "Retirement Expectations and Satisfaction with Retirement Provisions," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 61(1), pages 119-139, March.
    12. David Hollanders & Barbara Vis, 2013. "Voters’ commitment problem and reforms in welfare programs," Public Choice, Springer, vol. 155(3), pages 433-448, June.
    13. Hollanders, D.A. & Vis, B., 2009. "Voters' Commitment Problem and Welfare-Program Reforms," Other publications TiSEM b07d1e30-5614-415f-b1a0-7, Tilburg University, School of Economics and Management.
    14. de Bresser, J.R., 2013. "Between goals and expectations : Essays on pensions and retirement," Other publications TiSEM 4a23d569-88cd-40fa-aa23-c, Tilburg University, School of Economics and Management.

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