Inequality and public pension entitlements

Eva Sierminska and Marcin Wroński

The literature on wealth inequality is expanding very fast. Wealth is usually more concentrated than income. However, traditional measures of wealth inequality are based only on private wealth, and thus exclude public pension entitlements. In this chapter, the literature on the impact of public pension entitlements on wealth inequality is discussed. Empirical research shows, that wealth inequality is significantly reduced after accounting for public pension wealth. The value of Gini index is usually reduced by 20 - 40%.

MoreLess

Year of publication:	2022
Authors:	Sierminska, Eva ; Wroński, Marcin
Publisher:	Essen : Global Labor Organization (GLO)
Subject:	Inequality \| Public Pensions \| Gesetzliche Rentenversicherung \| Public pension system \| Einkommensverteilung \| Income distribution \| Altersvorsorge \| Retirement provision \| Altersversorgung im öffentlichen Dienst \| Civil service pension

Extent:	1 Online-Ressource (circa 34 Seiten) Illustrationen
Series:	GLO discussion paper. - Essen : [Global Labor Organization (GLO], ZDB-ID 2951901-9. - Vol. no. 1212
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Graue Literatur ; Non-commercial literature ; Arbeitspapier ; Working Paper
Language:	English
Other identifiers:	hdl:10419/267551 [Handle]
Classification:	D31 - Personal Income, Wealth and Their Distributions ; H55 - Social Security and Public Pensions
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10013470896