Redistributive effects of the US pension system among individuals with different life expectancy

Alexia Fürnkranz-Prskawetz and Miguel Sanchez Romero
Authors registered in the RePEc Author Service: Miguel Sánchez-Romero

VfS Annual Conference 2017 (Vienna): Alternative Structures for Money and Banking from Verein für Socialpolitik / German Economic Association

Abstract: We investigate the differential impact that pension systems have on the labor supply and the accumulation of physical and human capital for individuals that differ by their learning ability and levels of life expectancy. Our analysis is calibrated to the US economy using a general equilibrium model populated by overlapping generations. Within our framework we analyze the redistributive and macroeconomic effects of a progressive versus a flat replacement rate of the pension system.

JEL-codes: D58 D91 H55 J11 J24 J26 (search for similar items in EconPapers)
Date: 2017
New Economics Papers: this item is included in nep-age and nep-dge
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Citations: View citations in EconPapers (12)

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Related works:
Journal Article: Redistributive effects of the US pension system among individuals with different life expectancy (2017)
Working Paper: Redistributive effects of the US pension system among individuals with different life expectancy (2017)
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Persistent link: https://EconPapers.repec.org/RePEc:zbw:vfsc17:168181

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