Eliciting Individual Preferences for Pension Reform

Yosr Abid, Edel Doherty, Darragh Flannery and Cathal O'Donoghue
Additional contact information
Yosr Abid: TPAD
Edel Doherty: School of Business and Economics, National University of Ireland, Galway

No WP062013, Working Papers from University of Limerick, Department of Economics

Abstract: Rising costs and changing demographics require that pension system reform is an important policy goal of most developed countries. While existing literature has explored issues such as the fiscal and redistributive impact of such reforms, few studies have been undertaken to investigate the preferences of individuals for various pension reforms. This paper aims to fill this gap and uses data from a discrete choice experiment conducted in Ireland to investigate individual preferences for alternative state pension schemes. In particular, we examine preferences for characteristics of means-tested, universal or earnings-related pension systems. Our results suggest that individuals' income and age group are important determinants of their preferences and that reform of the Irish pension system is warranted towards a more generous redistributive system.

Pages: 27 pages
Date: 2013-02, Revised 2013-05
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https://ul-econ.github.io/RePEc/pdf/ul-econ-wp-2013-06.pdf Revised version, May 2013 (application/pdf)

Related works:
Working Paper: Eliciting Individual Preferences for Pension Reform (2009)
Working Paper: Eliciting Individual Preferences for Pension Reform (2009)
Working Paper: Eliciting Individual Preferences for Pension Reform (2009)
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Persistent link: https://EconPapers.repec.org/RePEc:lim:wpaper:062013

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