Eliciting individual preferences for pension reform:
Pension systems have recently been under scrutiny because of the expected population ageing threatening its sustainability. This paper's contribution to the debate is from a political economic perspective as it uses data from a Choice Experiment to investigate individual preferences for an alte...
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| Main Authors: | , |
|---|---|
| Format: | Book |
| Language: | English |
| Published: |
Munich
CESifo
2009
|
| Series: | CESifo working papers
2770 : Category 2, Public choice |
| Subjects: | |
| Online Access: | Volltext Volltext |
| Summary: | Pension systems have recently been under scrutiny because of the expected population ageing threatening its sustainability. This paper's contribution to the debate is from a political economic perspective as it uses data from a Choice Experiment to investigate individual preferences for an alternative state pension scheme. Answers are used to estimate a life-cycle utility model of preferences towards pensions' parameters. Results suggest that individuals' value orientation is an important determinant of their preferences. Respondents' income determines which degree of redistribution is preferred. However, preferences according to age are in contradiction with what is suggested in theory. -- population ageing ; pension system reform ; redistribution ; stated preferences |
| Physical Description: | 30 S. graph. Darst. |
Staff View
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| id | DE-604.BV035816329 |
| illustrated | Illustrated |
| indexdate | 2024-07-09T22:05:15Z |
| institution | BVB |
| language | English |
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| spelling | Fourati, Yosr Abid Verfasser aut Eliciting individual preferences for pension reform Yosr Abid Fourati ; Cathal O'Donoghue Munich CESifo 2009 30 S. graph. Darst. txt rdacontent n rdamedia nc rdacarrier CESifo working papers 2770 : Category 2, Public choice Pension systems have recently been under scrutiny because of the expected population ageing threatening its sustainability. This paper's contribution to the debate is from a political economic perspective as it uses data from a Choice Experiment to investigate individual preferences for an alternative state pension scheme. Answers are used to estimate a life-cycle utility model of preferences towards pensions' parameters. Results suggest that individuals' value orientation is an important determinant of their preferences. Respondents' income determines which degree of redistribution is preferred. However, preferences according to age are in contradiction with what is suggested in theory. -- population ageing ; pension system reform ; redistribution ; stated preferences Bevölkerungsentwicklung (DE-588)4006292-2 gnd rswk-swf Rentenreform (DE-588)4049506-1 gnd rswk-swf Bevölkerungsentwicklung (DE-588)4006292-2 s Rentenreform (DE-588)4049506-1 s DE-604 O'Donoghue, Cathal Verfasser aut Erscheint auch als Online-Ausgabe CESifo working papers 2770 : Category 2, Public choice (DE-604)BV013978326 2770 application/pdf http://www.cesifo-group.de/DocCIDL/cesifo1_wp2770.pdf Verlag kostenfrei Volltext https://www.cesifo.org/en/publikationen/2009/working-paper/eliciting-individual-preferences-pension-reform Verlag kostenfrei Volltext |
| spellingShingle | Fourati, Yosr Abid O'Donoghue, Cathal Eliciting individual preferences for pension reform CESifo working papers Bevölkerungsentwicklung (DE-588)4006292-2 gnd Rentenreform (DE-588)4049506-1 gnd |
| subject_GND | (DE-588)4006292-2 (DE-588)4049506-1 |
| title | Eliciting individual preferences for pension reform |
| title_auth | Eliciting individual preferences for pension reform |
| title_exact_search | Eliciting individual preferences for pension reform |
| title_full | Eliciting individual preferences for pension reform Yosr Abid Fourati ; Cathal O'Donoghue |
| title_fullStr | Eliciting individual preferences for pension reform Yosr Abid Fourati ; Cathal O'Donoghue |
| title_full_unstemmed | Eliciting individual preferences for pension reform Yosr Abid Fourati ; Cathal O'Donoghue |
| title_short | Eliciting individual preferences for pension reform |
| title_sort | eliciting individual preferences for pension reform |
| topic | Bevölkerungsentwicklung (DE-588)4006292-2 gnd Rentenreform (DE-588)4049506-1 gnd |
| topic_facet | Bevölkerungsentwicklung Rentenreform |
| url | http://www.cesifo-group.de/DocCIDL/cesifo1_wp2770.pdf https://www.cesifo.org/en/publikationen/2009/working-paper/eliciting-individual-preferences-pension-reform |
| volume_link | (DE-604)BV013978326 |
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