Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/125403
Authors: 
Forteza, Alvaro
Year of Publication: 
2015
Citation: 
[Journal:] IZA World of Labor [ISSN:] 2054-9571 [Year:] 2015 [Issue:] 172
Abstract: 
Social security programs generally seek to provide insurance and to reduce poverty and inequality. Providing insurance requires little redistribution. But reducing inequality and alleviating poverty do require redistribution. To reduce inequality, programs must redistribute income, but redistributing income is not the same as reducing inequality. While some programs redistribute large amounts of income without noticeably reducing inequality, others reduce inequality with less redistribution and fewer labor market distortions. A non-contributory tier, which provides benefits without requiring contributions, is a key component for reducing inequality.
Subjects: 
social security
inequality
redistribution
JEL: 
H55
J14
J26
Persistent Identifier of the first edition: 
Document Type: 
Article

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