المستودع الأكاديمي جامعة المدينة

On the choice of public pensions when income and life expectancy are correlated

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dc.creator Borck, Rainald
dc.date 2003
dc.date.accessioned 2013-10-16T06:58:23Z
dc.date.available 2013-10-16T06:58:23Z
dc.date.issued 2013-10-16
dc.identifier http://hdl.handle.net/10419/18126
dc.identifier ppn:376881550
dc.identifier.uri http://koha.mediu.edu.my:8181/xmlui/handle/10419/18126
dc.description The paper presents a model where public pensions are determined by majority voting. Voters differ by age and income. Moreover, life expectancy increases with income. Depending on the strength of the link between contributions and benefits, and the relationship between income and life expectancy, individually optimal tax rates may increase or decrease with income. If they decrease, high tax rates are supported by pensioners and poor workers. If they increase with income, the coalition for high tax rates consists of pensioners and rich workers. `Ends against the middle' equilibria are also possible.
dc.language eng
dc.publisher Deutsches Institut für Wirtschaftsforschung (DIW) Berlin
dc.relation DIW-Diskussionspapiere 369
dc.rights http://www.econstor.eu/dspace/Nutzungsbedingungen
dc.subject H55
dc.subject D72
dc.subject ddc:330
dc.subject Voting
dc.subject public pensions
dc.subject life expectancy
dc.subject Gesetzliche Rentenversicherung
dc.subject Wahlverhalten
dc.subject Einkommen
dc.subject Sterblichkeit
dc.subject Theorie
dc.title On the choice of public pensions when income and life expectancy are correlated
dc.type doc-type:workingPaper


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