<div class="csl-bib-body">
<div class="csl-entry">Sanchez Romero, M., Schuster, P., & Fürnkranz-Prskawetz, A. (2023, May 17). <i>Redistributive Effects of Pension Reforms: Who Are the Winners And Losers</i> [Presentation]. Forschungsseminar an der Georg-August-Universität Göttingen (2023), Göttingen, Germany. http://hdl.handle.net/20.500.12708/192446</div>
</div>
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dc.identifier.uri
http://hdl.handle.net/20.500.12708/192446
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dc.description.abstract
As the heterogeneity in life expectancy by socioeconomic status increases, many pension systems imply a wealth transfer from short- to long-lived individuals. Various pension reforms aim to reduce inequalities that are caused by ex-ante differences in life expectancy. However, these pension reforms may induce redistribution effects. We introduce a dynamic general equilibrium-overlapping generations model with heterogeneous individuals that differ in their education, labor supply, lifetime income, and life expectancy. Within this framework we study six different pension reforms that foster the sustainability of the pension system and aim to account for heterogeneous life expectancy. Our results highlight that pension reforms have to be evaluated at various dimensions. Reforms that may increase the sustainability of the pension system are not necessarily conducive to reduce the redistributive wealth transfers from short- to long-lived individuals. Our paper emphasizes the need for studying pension reforms in models with behavioral feedback and heterogeneous socioeconomic groups.
en
dc.language.iso
en
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dc.subject
educational decision
en
dc.subject
distributional effects
en
dc.subject
mortality and fertiilty differentials
en
dc.subject
overlapping generations
en
dc.subject
pension reforms
en
dc.title
Redistributive Effects of Pension Reforms: Who Are the Winners And Losers
en
dc.type
Presentation
en
dc.type
Vortrag
de
dc.contributor.affiliation
National Bank of Austria, Austria
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dc.type.category
Presentation
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tuw.researchTopic.id
C4
-
tuw.researchTopic.id
X1
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tuw.researchTopic.id
C6
-
tuw.researchTopic.name
Mathematical and Algorithmic Foundations
-
tuw.researchTopic.name
Beyond TUW-research foci
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tuw.researchTopic.name
Modeling and Simulation
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tuw.researchTopic.value
20
-
tuw.researchTopic.value
10
-
tuw.researchTopic.value
70
-
tuw.publication.orgunit
E105-03 - Forschungsbereich Ökonomie
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tuw.author.orcid
0000-0002-5999-6522
-
tuw.author.orcid
0000-0002-2850-6682
-
tuw.event.name
Forschungsseminar an der Georg-August-Universität Göttingen (2023)
de
tuw.event.startdate
17-05-2023
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tuw.event.enddate
17-05-2023
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tuw.event.online
On Site
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tuw.event.type
Event for scientific audience
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tuw.event.place
Göttingen
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tuw.event.country
DE
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tuw.event.institution
Universität Göttingen
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tuw.event.presenter
Sanchez Romero, Miguel
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wb.sciencebranch
Wirtschaftswissenschaften
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wb.sciencebranch
Mathematik
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wb.sciencebranch.oefos
5020
-
wb.sciencebranch.oefos
1010
-
wb.sciencebranch.value
50
-
wb.sciencebranch.value
50
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item.languageiso639-1
en
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item.openairetype
conference presentation
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item.grantfulltext
none
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item.fulltext
no Fulltext
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item.cerifentitytype
Publications
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item.openairecristype
http://purl.org/coar/resource_type/R60J-J5BD
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crisitem.author.dept
E105-03 - Forschungsbereich Ökonomie
-
crisitem.author.dept
National Bank of Austria
-
crisitem.author.dept
E105-03 - Forschungsbereich Ökonomie
-
crisitem.author.orcid
0000-0002-5999-6522
-
crisitem.author.orcid
0000-0002-2850-6682
-
crisitem.author.parentorg
E105 - Institut für Stochastik und Wirtschaftsmathematik
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crisitem.author.parentorg
E105 - Institut für Stochastik und Wirtschaftsmathematik
