Arbeitspapier
Eliciting individual preferences for pension reform
Pension systems have recently been under scrutiny because of the expected population ageing threatening its sustainability. This paper's contribution to the debate is from a political economic perspective as it uses data from a choice experiment to investigate individual preferences for an alternative state pension scheme based around preferences for cost, poverty, retirement age and pension parameters. Answers are used to estimate a lifecycle utility model of preferences towards pensions' parameters. Results suggest that individuals' value orientation is an important determinant of their preferences. Respondents' income determines which degree of redistribution is preferred. However, preferences according to age are in contradiction with what is suggested in theory.
- Sprache
-
Englisch
- Erschienen in
-
Series: IZA Discussion Papers ; No. 4479
- Klassifikation
-
Wirtschaft
- Thema
-
Population ageing
pension system reform
redistribution
stated preferences
Gesetzliche Rentenversicherung
Rentenreform
Einkommensumverteilung
Offenbarte Präferenzen
Alternde Bevölkerung
Lebenszyklus
Irland
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Fourati, Yosr Abid
O'Donoghue, Cathal
- Ereignis
-
Veröffentlichung
- (wer)
-
Institute for the Study of Labor (IZA)
- (wo)
-
Bonn
- (wann)
-
2009
- Handle
- URN
-
urn:nbn:de:101:1-20091019286
- Letzte Aktualisierung
-
10.03.2025, 11:45 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Fourati, Yosr Abid
- O'Donoghue, Cathal
- Institute for the Study of Labor (IZA)
Entstanden
- 2009