Kemmerling, Achim ; Neugart, Michael (2019)
Redistributive pensions in the developing world.
In: Review of Development Economics, 23 (2)
doi: 10.1111/rode.12582
Artikel, Bibliographie
Dies ist die neueste Version dieses Eintrags.
Kurzbeschreibung (Abstract)
Redistributive so-called social pension schemes have seen a remarkable surge in developing countries. These schemes often target the rural elderly and correlate with urbanization rates, urban rural-wage differentials, and family norms. We use this stylized evidence to motivate a political economy model for a Beveridgean pension system with trade-offs between four groups: the (poorer) rural old and young, and the (richer) urban old and young. We show under which conditions governments will install a pension system and increase its generosity as the share of the urban population rises, productivity differentials between urban and rural workers widen, or the social norm erodes. Our conclusion is that the role of the rural–urban divide in shaping redistribution merits more scholarly attention, as the gap between cities and the countryside widens in many developing countries.
Typ des Eintrags: | Artikel |
---|---|
Erschienen: | 2019 |
Autor(en): | Kemmerling, Achim ; Neugart, Michael |
Art des Eintrags: | Bibliographie |
Titel: | Redistributive pensions in the developing world |
Sprache: | Englisch |
Publikationsjahr: | 2019 |
Verlag: | Wiley |
Titel der Zeitschrift, Zeitung oder Schriftenreihe: | Review of Development Economics |
Jahrgang/Volume einer Zeitschrift: | 23 |
(Heft-)Nummer: | 2 |
DOI: | 10.1111/rode.12582 |
Zugehörige Links: | |
Kurzbeschreibung (Abstract): | Redistributive so-called social pension schemes have seen a remarkable surge in developing countries. These schemes often target the rural elderly and correlate with urbanization rates, urban rural-wage differentials, and family norms. We use this stylized evidence to motivate a political economy model for a Beveridgean pension system with trade-offs between four groups: the (poorer) rural old and young, and the (richer) urban old and young. We show under which conditions governments will install a pension system and increase its generosity as the share of the urban population rises, productivity differentials between urban and rural workers widen, or the social norm erodes. Our conclusion is that the role of the rural–urban divide in shaping redistribution merits more scholarly attention, as the gap between cities and the countryside widens in many developing countries. |
Freie Schlagworte: | pensions, developing countries, political economy, family transfers, crowding out, electoral support |
Zusätzliche Informationen: | JEL-classification: H55, D72, O18 |
Fachbereich(e)/-gebiet(e): | 01 Fachbereich Rechts- und Wirtschaftswissenschaften 01 Fachbereich Rechts- und Wirtschaftswissenschaften > Volkswirtschaftliche Fachgebiete 01 Fachbereich Rechts- und Wirtschaftswissenschaften > Volkswirtschaftliche Fachgebiete > Fachgebiet Finanzwissenschaft und Wirtschaftspolitik |
Hinterlegungsdatum: | 03 Mai 2019 07:37 |
Letzte Änderung: | 18 Jul 2024 10:05 |
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Verfügbare Versionen dieses Eintrags
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Redistributive pensions in the developing world. (deposited 24 Jun 2024 09:42)
- Redistributive pensions in the developing world. (deposited 03 Mai 2019 07:37) [Gegenwärtig angezeigt]
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