Gender inequalities in pensions: different components similar levels of dispersion

Carole Bonnet, Dominique Meurs and Benoît Rapoport ()
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Benoît Rapoport: INED - Institut national d'études démographiques, CES - Centre d'économie de la Sorbonne - UP1 - Université Paris 1 Panthéon-Sorbonne - CNRS - Centre National de la Recherche Scientifique

Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) from HAL

Abstract: While the average gender gap in pensions is quite well documented, gender differences in the distribution of pensions have rarely been explored. We show in this paper that pension dispersion is very similar for men and women within the French pension system of a given sector (public or private). Gender differences are less marked among retired civil servants than among former private sector employees. However, the determinants of these inequalities are not the same for men and women. Using a regression-based decomposition of the Gini coefficient, we find that pension dispersion is mostly due to dispersion of the reference wage for all retirees but gender differences exist. For women, in particular, pension dispersion is also due to the dispersion in contribution periods. We also decompose the Gini coefficient by source of pension to measure the impact of institutional rules (minimum pensions, survivor's pension) on the extent of pension inequality. Unexpectedly, we find that the impact of minimum pensions is limited, although slightly larger for civil servants than for private-sector employees. Survivor's pension schemes, on the other hand, contribute positively to pension dispersion among retired women.

Keywords: Private and Public sector; Pension; Gini coefficient; Gender gap; Decomposition (search for similar items in EconPapers)
Date: 2018-12
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Citations: View citations in EconPapers (4)

Published in Journal of Economic Inequality, 2018, 16, pp.527-552. ⟨10.1007/s10888-018-9379-9⟩

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Related works:
Journal Article: Gender inequalities in pensions: different components similar levels of dispersion (2018)
Journal Article: Gender inequalities in pensions: different components similar levels of dispersion (2018)
Working Paper: Gender inequalities in pensions: different components similar levels of dispersion (2018)
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Persistent link: https://EconPapers.repec.org/RePEc:hal:cesptp:hal-01891157

DOI: 10.1007/s10888-018-9379-9

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