Longevity gap and public pensions: A minimal model

The strong and increasing positive correlation between lifetime income and life expectancy (the longevity gap) has recently been widely studied. In this paper we employ the simplest, minimal model to demonstrate the impact of this long-neglected fact on the various types of public pension systems, especially on the issue of progressivity and neutrality.

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Year of publication:	2021
Authors:	Simonovits, András
Publisher:	Budapest : Hungarian Academy of Sciences, Institute of Economics, Centre for Economic and Regional Studies
Subject:	social security \| public finance \| income-dependent life expectation \| longevity gap

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Series:	KRTK-KTI Working Papers ; KRTK-KTI WP - 2021/30
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Working Paper
Language:	English
Other identifiers:	1767123116 [GVK] hdl:10419/237573 [Handle] RePEc:has:discpr:2130 [RePEc]
Classification:	D10 - Household Behavior and Family Economics. General ; H55 - Social Security and Public Pensions ; I38 - Government Policy; Provision and Effects of Welfare Programs
Source:	EconStor

Persistent link: https://www.econbiz.de/10012604956