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
Englisch

Erschienen in
Series: KRTK-KTI Working Papers ; No. KRTK-KTI WP - 2022/17

Klassifikation
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
Veröffentlichung
(wer)
Hungarian Academy of Sciences, Institute of Economics, Centre for Economic and Regional Studies
(wo)
Budapest
(wann)
2022

Handle
Letzte Aktualisierung
10.03.2025, 11:41 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Simonovits, András
  • Hungarian Academy of Sciences, Institute of Economics, Centre for Economic and Regional Studies

Entstanden

  • 2022

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