Kemmerling, Achim ; Neugart, Michael (2024)
Redistributive pensions in the developing world.
In: Review of Development Economics, 2019, 23 (2)
doi: 10.26083/tuprints-00027441
Artikel, Zweitveröffentlichung, Postprint
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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: | 2024 |
Autor(en): | Kemmerling, Achim ; Neugart, Michael |
Art des Eintrags: | Zweitveröffentlichung |
Titel: | Redistributive pensions in the developing world |
Sprache: | Englisch |
Publikationsjahr: | 24 Juni 2024 |
Ort: | Darmstadt |
Publikationsdatum der Erstveröffentlichung: | 2019 |
Ort der Erstveröffentlichung: | Oxford |
Verlag: | Wiley |
Titel der Zeitschrift, Zeitung oder Schriftenreihe: | Review of Development Economics |
Jahrgang/Volume einer Zeitschrift: | 23 |
(Heft-)Nummer: | 2 |
Kollation: | 41 Seiten |
DOI: | 10.26083/tuprints-00027441 |
URL / URN: | https://tuprints.ulb.tu-darmstadt.de/27441 |
Zugehörige Links: | |
Herkunft: | Zweitveröffentlichungsservice |
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 |
Status: | Postprint |
URN: | urn:nbn:de:tuda-tuprints-274411 |
Zusätzliche Informationen: | JEL-classification: H55, D72, O18 |
Sachgruppe der Dewey Dezimalklassifikatin (DDC): | 300 Sozialwissenschaften > 330 Wirtschaft |
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: | 24 Jun 2024 09:42 |
Letzte Änderung: | 16 Jul 2024 19:46 |
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- Redistributive pensions in the developing world. (deposited 24 Jun 2024 09:42) [Gegenwärtig angezeigt]
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