Arbeitspapier
Why are more redistributive social security systems smaller? A median voter approach
We suggest a political economy explanation for the stylized fact that intragenerationally more redistributive social security systems are smaller. We relate the stylized fact to an efficiency-redistribution trade-off to be resolved by political process. The inefficiency of social security financing is due to endogenous labor supply. Using data on eight European countries, we find that the stylized fact and a considerable degree of cross-country variation in contribution rates can be explained by the median voter model.
- Language
-
Englisch
- Bibliographic citation
-
Series: IZA Discussion Papers ; No. 1831
- Classification
-
Wirtschaft
Social Security and Public Pensions
Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior
- Subject
-
earnings-related and flat-rate benefits
applied political economy
public pensions
labour supply
Sozialversicherung
Soziale Sicherung
Einkommensumverteilung
Sozialversicherungsbeitrag
Umlageverfahren
Median Voter
Schätzung
EU-Staaten
- Event
-
Geistige Schöpfung
- (who)
-
Köthenbürger, Marko
Poutvaara, Panu
Profeta, Paola
- Event
-
Veröffentlichung
- (who)
-
Institute for the Study of Labor (IZA)
- (where)
-
Bonn
- (when)
-
2005
- Handle
- Last update
-
10.03.2025, 11:43 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Köthenbürger, Marko
- Poutvaara, Panu
- Profeta, Paola
- Institute for the Study of Labor (IZA)
Time of origin
- 2005
Other Objects (12)
Why are more redistributive social security systems smaller? : A median voter approach
Redistributive politics with target-specific beliefs
Public education in an integrated Europe : studying to migrate and teaching to stay?
How do candidates’ looks affect their election chances?
Pörssikurssien kehitys Suomessa 1896-1929: Uudet indeksisarjat ja niiden tulkinta
Social security incentives, human capital investment and mobility of labor
On the Political Economy of Social Security and Public Education
Social security incentives, human capital investment and mobility of labor
On human capital formation with exit options: comment and new results
Public education in an integrated Europe: Studying to migrate and teaching to stay?
Gerontocracy Revisited. Unilateral Transfer to the Young May Benefit the Middle-Aged
Population Aging and Migration
Why are more redistributive social security systems smaller? : A median voter approach
Redistributive politics with target-specific beliefs
Public education in an integrated Europe : studying to migrate and teaching to stay?
How do candidates’ looks affect their election chances?
Pörssikurssien kehitys Suomessa 1896-1929: Uudet indeksisarjat ja niiden tulkinta
Social security incentives, human capital investment and mobility of labor
On the Political Economy of Social Security and Public Education
Social security incentives, human capital investment and mobility of labor
On human capital formation with exit options: comment and new results
Public education in an integrated Europe: Studying to migrate and teaching to stay?
Gerontocracy Revisited. Unilateral Transfer to the Young May Benefit the Middle-Aged
Population Aging and Migration
Why are more redistributive social security systems smaller? : A median voter approach
Redistributive politics with target-specific beliefs
Public education in an integrated Europe : studying to migrate and teaching to stay?
How do candidates’ looks affect their election chances?
Pörssikurssien kehitys Suomessa 1896-1929: Uudet indeksisarjat ja niiden tulkinta
Social security incentives, human capital investment and mobility of labor
On the Political Economy of Social Security and Public Education
Social security incentives, human capital investment and mobility of labor
On human capital formation with exit options: comment and new results
Public education in an integrated Europe: Studying to migrate and teaching to stay?
Gerontocracy Revisited. Unilateral Transfer to the Young May Benefit the Middle-Aged