EconStor >
ifo Institut – Leibniz-Institut für Wirtschaftsforschung an der Universität München >
CESifo Working Papers, CESifo Group Munich >

Please use this identifier to cite or link to this item:

http://hdl.handle.net/10419/18761
  

Full metadata record

DC FieldValueLanguage
dc.contributor.authorKoethenbuerger, Markoen_US
dc.contributor.authorPoutvaara, Panuen_US
dc.contributor.authorProfeta, Paolaen_US
dc.date.accessioned2009-01-28T15:52:42Z-
dc.date.available2009-01-28T15:52:42Z-
dc.date.issued2005en_US
dc.identifier.urihttp://hdl.handle.net/10419/18761-
dc.description.abstractWe suggest a political economy explanation for the stylized fact that intragenerationally more redistributive social security systems are smaller. Our key insight is that linking benefits to past earnings (less redistributiveness) reduces the efficiency cost of social security (due to endogenous labor supply). This encourages voters who benefit from social security to support higher contribution rates in political equilibrium. We test our theory with a numerical analysis of eight European countries. Our simple, but suggestive median voter model performs relatively well in explaining the stylized fact and cross-country differences in social security contribution rates.en_US
dc.language.isoengen_US
dc.publisheren_US
dc.relation.ispartofseriesCESifo working papers 1397en_US
dc.subject.jelD72en_US
dc.subject.jelH55en_US
dc.subject.ddc330en_US
dc.subject.keywordearnings-related and flat-rate benefitsen_US
dc.subject.keywordsocial securityen_US
dc.subject.keywordpublic pensionsen_US
dc.subject.keywordmedian voter modelen_US
dc.subject.stwSozialversicherungen_US
dc.subject.stwSoziale Sicherungen_US
dc.subject.stwEinkommensumverteilungen_US
dc.subject.stwSozialversicherungsbeitragen_US
dc.subject.stwUmlageverfahrenen_US
dc.subject.stwMedian Voteren_US
dc.subject.stwSchätzungen_US
dc.subject.stwEU-Staatenen_US
dc.titleWhy are more redistributive social security systems smaller? : A median voter approachen_US
dc.typeWorking Paperen_US
dc.identifier.ppn479296715en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
Appears in Collections:CESifo Working Papers, CESifo Group Munich

Files in This Item:
File Description SizeFormat
cesifo1_wp1397.pdf882.06 kBAdobe PDF
No. of Downloads: Counter Stats
Show simple item record
Download bibliographical data as: BibTeX

Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.