Redistribution and Insurance in the German Welfare State
Welfare states redistribute both between individuals reducing annual inequality and over the life-cycle insuring against income risks. But studies measuring redistribution often focus only on a one-year period. Using German SOEP data from 1984 to 2009, long-term inequality over a 20-year period is computed and then decomposed into an inter-and intra-individual component. Results show that annual inequality is higher than long-term inequality, but redistribution is also larger from an annual perspective. In the long-term, the German welfare state clearly prioritizes insurance over redistribution. This gets even more pronounced at later stages of the life-cycle through the payment of social security pensions.
- Location
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Deutsche Nationalbibliothek Frankfurt am Main
- Extent
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Online-Ressource
- Language
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Englisch
- Bibliographic citation
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Redistribution and Insurance in the German Welfare State ; volume:132 ; number:2 ; year:2012 ; pages:265-295
Schmollers Jahrbuch ; 132, Heft 2 (2012), 265-295
- Creator
- DOI
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10.3790/schm.132.2.265
- URN
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urn:nbn:de:101:1-2023013010165331254540
- Rights
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Open Access; Der Zugriff auf das Objekt ist unbeschränkt möglich.
- Last update
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15.08.2025, 7:25 AM CEST
Data provider
Deutsche Nationalbibliothek. If you have any questions about the object, please contact the data provider.