Annualized versus non-annualized lifetime income redistribution
This paper concerns the impact of the lifespan on the redistributive effect of the social security system when considering lifetime income. It is shown that with the exception of the old age pensions, the impact is very small. It is also doubted whether annualization has to be applied.
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Veröffentlicht in: | Applied economics letters 1996-08, Vol.3 (8), p.533-536 |
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Format: | Artikel |
Sprache: | eng |
Online-Zugang: | Volltext |
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Zusammenfassung: | This paper concerns the impact of the lifespan on the redistributive effect of the social security system when considering lifetime income. It is shown that with the exception of the old age pensions, the impact is very small. It is also doubted whether annualization has to be applied. |
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ISSN: | 1350-4851 1466-4291 |
DOI: | 10.1080/135048596356186 |