| Title | Public redistribution in Europe: Between generations or income groups? |
|---|---|
| Authors | Hammer, Bernhard , CHRISTL, MICHAEL, De Poli, Silvia |
| External publication | Si |
| Means | J. Econ. Ageing |
| Scope | Article |
| Nature | Científica |
| JCR Quartile | 2 |
| SJR Quartile | 2 |
| JCR Impact | 1.9 |
| SJR Impact | 0.878 |
| Web | https://www.scopus.com/inward/record.uri?eid=2-s2.0-85143851963&doi=10.1016%2fj.jeoa.2022.100426&partnerID=40&md5=9b358f89701fbde37bf8080f5f46591a |
| Publication date | 01/02/2023 |
| ISI | 000899356300002 |
| Scopus Id | 2-s2.0-85143851963 |
| DOI | 10.1016/j.jeoa.2022.100426 |
| Abstract | Governments face a potential trade-off between provision for the population in retirement and the support of working-age households with low income. Using EUROMOD-based microdata from 28 countries, we quantify public redistribution to pensioner-and working-age households, distinguishing also by income quartiles. In general, Northern European countries are characterized by a low net redistribution between households, limited public pensions, but a strong support of low-income households. By contrast, most Southern European countries are characterized by a high net redistribution to pensioners, offering generous benefits to some, but little support for working age households with low income. Our results show that a strong public net redistribution between households is associated with generous public benefits for a portion of the retirees, but negatively related to support for the population with low income. |
| Keywords | Redistribution; Welfare state; Pensions; Inequality; EUROMOD |
| Universidad Loyola members |