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Umverteilung in verschiedenen Pensionssystemen für Österreich

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  • Sandra Müllbacher
  • Wolfgang Nagl

Abstract

Using a state-of-the-art microsimulation model, we analyse the redistributional effects of four different pension systems for Austria: the status quo, the new pension account system (APG), and two versions of a Notional Defined Contribution (NDC) system — one with and the other without non-contribution-based pension benefits. We identify the largest redistribution in the status quo. Women, low-income earners and persons with limited years of contributions benefit the most. The redistribution is reduced in the APG and nearly eliminated in the NDC system. We disentangle implicit and explicit redistribution in the APG system. The relative share of implicit redistribution decreases with income, whereas the absolute value of redistribution increases. Copyright ZBW and Springer-Verlag Berlin Heidelberg 2016

Suggested Citation

  • Sandra Müllbacher & Wolfgang Nagl, 2016. "Umverteilung in verschiedenen Pensionssystemen für Österreich," Wirtschaftsdienst, Springer;ZBW - Leibniz Information Centre for Economics, vol. 96(2), pages 140-147, February.
  • Handle: RePEc:spr:wirtsc:v:96:y:2016:i:2:p:140-147
    DOI: 10.1007/s10273-016-1939-7
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    Keywords

    H55; H23; J14;
    All these keywords.

    JEL classification:

    • H55 - Public Economics - - National Government Expenditures and Related Policies - - - Social Security and Public Pensions
    • H23 - Public Economics - - Taxation, Subsidies, and Revenue - - - Externalities; Redistributive Effects; Environmental Taxes and Subsidies
    • J14 - Labor and Demographic Economics - - Demographic Economics - - - Economics of the Elderly; Economics of the Handicapped; Non-Labor Market Discrimination

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