Political models

András Simonovits
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András Simonovits: Hungarian Academy of Scientists

Chapter Chapter 17 in Modeling Pension Systems, 2003, pp 167-173 from Palgrave Macmillan

Abstract: Abstract So far, we have not modeled the political issues raised by pension systems. (Chapter 12 was only a naive attempt at modeling the interaction between government and the individual, while Appendix A is normative rather than descriptive.) There are plenty of papers on the political issues raised by pension systems and especially by pension reforms. Muller (1999) and Orenstein (2000) provide a rich qualitative analysis in the context of pension reforms in ex-socialist countries. In this chapter we shall sketch a model by Casamatta et al. (2000) on the relationship between democracy and pension systems, but first we outline the median voter model (for a simple introduction, see Stiglitz, 1988, Chapter 6).

Keywords: Contribution Rate; Pension System; Median Voter; Funded System; Pension Reform (search for similar items in EconPapers)
Date: 2003
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-4039-3845-9_18

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DOI: 10.1057/9781403938459_18

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