Education and Progressivity of Pension Systems
Hachon, Christophe
Education and Progressivity of Pension Systems - 2010.
19
Pension systems imply an intra-generational redistribution of resources. In this way, it changes the distribution of wealth in the population, which can affect the behavior of agents, notably for their educational choices. In this paper, we show that if a pension system is progressive, then an increase in the generosity of pension systems has a negative impact on the share of the educated population. It a usual result in the economic literature. However, if the pension system is regressive, then such a policy has a positive impact on the share of the educated population. Consequently, the relationship between the generosity of pension systems and the educational choices is far less trivial than it seems to be. Classification JEL: H55, I2
Education and Progressivity of Pension Systems - 2010.
19
Pension systems imply an intra-generational redistribution of resources. In this way, it changes the distribution of wealth in the population, which can affect the behavior of agents, notably for their educational choices. In this paper, we show that if a pension system is progressive, then an increase in the generosity of pension systems has a negative impact on the share of the educated population. It a usual result in the economic literature. However, if the pension system is regressive, then such a policy has a positive impact on the share of the educated population. Consequently, the relationship between the generosity of pension systems and the educational choices is far less trivial than it seems to be. Classification JEL: H55, I2
Réseaux sociaux