Arbeitspapier
Longevity gap, indexation and age-specific average pensions
Studying the age-dimension of the probability distribution of pensions while assuming steadily rising real wages and time-invariant benefit-rules, two factors play important roles: (i) the weight of the wages in indexation of benefits in progress; (ii) the longevity gap. Factor (i) acts against relative depreciation of older benefits, while factor (ii) raises the share of higher benefits among older cohorts. Using an example and a model we show how the shape of the average benefit--age-curve depends on the relation between these two factors.
- Language
-
Englisch
- Bibliographic citation
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Series: KRTK-KTI Working Papers ; No. KRTK-KTI WP - 2022/17
- Classification
-
Wirtschaft
Social Security and Public Pensions
- Subject
-
public pension system
longevity gap
indexation of pensions in progress
agespecific pensions
- Event
-
Geistige Schöpfung
- (who)
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Simonovits, András
- Event
-
Veröffentlichung
- (who)
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Hungarian Academy of Sciences, Institute of Economics, Centre for Economic and Regional Studies
- (where)
-
Budapest
- (when)
-
2022
- Handle
- Last update
-
10.03.2025, 11:41 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
- Simonovits, András
- Hungarian Academy of Sciences, Institute of Economics, Centre for Economic and Regional Studies
Time of origin
- 2022
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