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.
- Sprache
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Englisch
- Erschienen in
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Series: KRTK-KTI Working Papers ; No. KRTK-KTI WP - 2022/17
- Klassifikation
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Wirtschaft
Social Security and Public Pensions
- Thema
-
public pension system
longevity gap
indexation of pensions in progress
agespecific pensions
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Simonovits, András
- Ereignis
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Veröffentlichung
- (wer)
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Hungarian Academy of Sciences, Institute of Economics, Centre for Economic and Regional Studies
- (wo)
-
Budapest
- (wann)
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2022
- Handle
- Letzte Aktualisierung
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10.03.2025, 11:41 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Simonovits, András
- Hungarian Academy of Sciences, Institute of Economics, Centre for Economic and Regional Studies
Entstanden
- 2022