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The political economy of derived pension rights

  • LEROUX, Marie - Louise

    ()

    (Université catholique de Louvain, CORE, B-1348 Louvain-la-Neuve, Belgium)

  • PESTIEAU, Pierre

    ()

    (University of Liege, CREPP; Université catholique de Louvain, CORE, B-1348 Louvain-la-Neuve, Belgium; PSE and CEPR)

Derived pension rights exist in most Social Security systems but with variable generosity. They are mainly targeted towards non-working wives and widows and are viewed as a means to alleviate poverty among older women living alone. The purpose of this paper is to explain how they can emerge from a political economy process when the Social Security is a combination of Bismarckian and Beveridgian pillars. It also shows that derived rights tend to encourage stay-at- home wives thus revealing an unpleasant trade-o§ between female labor participation and poverty alleviation.

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Paper provided by Université catholique de Louvain, Center for Operations Research and Econometrics (CORE) in its series CORE Discussion Papers with number 2010048.

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Date of creation: 01 Jul 2010
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Handle: RePEc:cor:louvco:2010048
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  2. Pencavel, John, 1998. "Assortative Mating by Schooling and the Work Behavior of Wives and Husbands," American Economic Review, American Economic Association, vol. 88(2), pages 326-29, May.
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  10. 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 373-88, September.
  11. Winfried Pohlmeier & Luc Bauwens & David Veredas, 2007. "High frequency financial econometrics. Recent developments," ULB Institutional Repository 2013/136223, ULB -- Universite Libre de Bruxelles.
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  15. Carole Bonnet & Marco Geraci, 2009. "Correcting gender inequality in pensions. The experience of five European countries," Population and Societies 453, Institut National d'Études Démographiques (INED).
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