Political Preferences and the Aging of Populations

Political-Economy Explanations of Pension Reform

Specificaties
Paperback, 212 blz. | Engels
Springer Fachmedien Wiesbaden | 2015e druk, 2015
ISBN13: 9783658086145
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Juridisch :
Springer Fachmedien Wiesbaden 2015e druk, 2015 9783658086145
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Samenvatting

Oliver Pamp analyzes the likelihood and extent of pension reforms from a political-economy perspective. It is shown that voters’ preferences for or against reforms are influenced by a societies’ demographic development, the generosity of its existing public pension scheme and its electoral system. The author extensively reviews existing formal models of pension systems, discusses their merits and limitations, and develops a three-period overlapping generations model. The model’s insights regarding individual reform preferences are then put into the context of different electoral systems, thus emphasizing the important role of electoral institutions in the aggregation of societal preferences. Finally, using cross-national survey data, logit and ordered-logit analyses tentatively confirm some of the model’s main implications.

Specificaties

ISBN13:9783658086145
Taal:Engels
Bindwijze:paperback
Aantal pagina's:212
Uitgever:Springer Fachmedien Wiesbaden
Druk:2015

Inhoudsopgave

Population Aging and its Economic and Financial Consequences.- Formal Models of Pension Systems.- Pension Preferences and Reform – A Political-Economy Model.- Econometric Analyses of Cross-National Survey Data on Individual Pension Reform Preferences.

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        Political Preferences and the Aging of Populations