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Assessing gender inequality in the Turkish pension system

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  • Adem Y. Elveren

Abstract

Since the 1990s, the welfare regime in Turkey has become more market‐oriented. The introduction of the Individual Pension System (IPS), a privately managed defined contribution scheme, is part of this process. This paper uses an autoregressive stochastic model in order to show the total effect of specific disadvantages, such as a shorter working life, less earnings, longer life expectancy, real wage growth, administrative cost and risk aversion, on the retirement benefits of women in Turkey. Using an actuarial model, the article aims to contribute to the literature by investigating the gender gap in the Turkish defined contribution scheme.

Suggested Citation

  • Adem Y. Elveren, 2008. "Assessing gender inequality in the Turkish pension system," International Social Security Review, John Wiley & Sons, vol. 61(2), pages 39-58, April.
    • Handle: RePEc:wly:intssr:v:61:y:2008:i:2:p:39-58
    DOI: 10.1111/j.1468-246X.2008.00309.x
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    Cited by:

    1. Adem Yavuz Elveren, 2015. "The Impact of the Informal Employment on the Social Security Deficits in Turkey," World Journal of Applied Economics, WERI-World Economic Research Institute, vol. 1(1), pages 3-19, June.
    2. Javier Pla-Porcel & Manuel Ventura-Marco & Carlos Vidal-Meliá, 2017. "How do unisex life care annuities embedded in a pay-as-you-go retirement system affect gender redistribution?," Documentos de Trabajo del ICAE 2017-11, Universidad Complutense de Madrid, Facultad de Ciencias Económicas y Empresariales, Instituto Complutense de Análisis Económico.
    3. Yilmaz Yildiz & Mehmet Baha Karan & Seyma Bayrak Salantur, 2017. "An Investigation on Early Voluntary Withdrawals from Individual Retirement Accounts: An Empirical Study on an Emerging Market," The Geneva Papers on Risk and Insurance - Issues and Practice, Palgrave Macmillan;The Geneva Association, vol. 42(4), pages 732-756, October.
    4. Sule Sahin & Adem Yavuz Elveren, 2009. "A Cost Analysis of a Minimum Pension Guarantee for the Individual Pension System in Turkey," Working Paper Series, Department of Economics, University of Utah 2009_13, University of Utah, Department of Economics.

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