Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/18761
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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 toendogenous 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 securitycontribution rates.en_US
dc.language.isoengen_US
dc.publisher|aCenter for Economic Studies and Ifo Institute (CESifo) |cMunichen_US
dc.relation.ispartofseries|aCESifo Working Paper |x1397en_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-

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