Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/246814 
Year of Publication: 
2021
Series/Report no.: 
GLO Discussion Paper No. 988
Publisher: 
Global Labor Organization (GLO), Essen
Abstract: 
Governments face a potential trade-off between provision for the growing population in retirement and the support of working-age households with low income. Using EUROMOD-based microdata from 28 countries, we (a) quantify the redistribution to the pensioner and non-pensioner populations, (b) study the position of net beneficiaries in the overall income distribution and (c) analyse how taxes and benefits affect the working-age population with low income. Our results provide novel insights into the distributive role of tax-benefit systems across Europe. Interestingly, a strong overall redistribution between households is associated with generous pensions for a portion of the retirees but negatively related to support for low-income households.
Subjects: 
Redistribution
Welfare state
Inequality
Microsimulation
EUROMOD
Document Type: 
Working Paper

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