An Evaluation of the Impact of the Pension System on Income Inequality: USA, UK, Netherlands, Italy and Türkiye

IF 2.8 2区社会学 Q1 SOCIAL SCIENCES, INTERDISCIPLINARY

Social Indicators Research Pub Date : 2024-09-04 DOI:10.1007/s11205-024-03417-5

Can Verberi, Muhittin Kaplan

引用次数: 0

Abstract

This study examines empirically the impact of various characteristics of pension systems, in particular their quality and integrity, on income inequality, utilizing micro-level data from the United States, United Kingdom, Netherlands, Türkiye and Italy. To this end, the income inequality model, which includes public pension (or public/private pension mix), age, education, gender, marital status and employment as independent variables, has been estimated using quantile regression. The results provide a number of valuable information on the impact of the pension system on income inequality: (i) Public pension income significantly reduces overall income inequality across almost all inequality groups in all countries, except for the UK and the Netherlands; (ii) Different types of pension systems vary significantly in their redistributive effects on income; (iii) The empirical results also show that the effect of different pension systems on inequality changes by inequality groups significantly.

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养老金制度对收入不平等影响的评估：美国、英国、荷兰、意大利和土耳其

本研究利用来自美国、英国、荷兰、土耳其和意大利的微观数据，从实证角度研究了养老金制度的各种特征，特别是其质量和完整性对收入不平等的影响。为此，利用量子回归法估算了收入不平等模型，其中包括作为自变量的公共养老金（或公共/私人养老金组合）、年龄、教育、性别、婚姻状况和就业。结果为养老金制度对收入不平等的影响提供了许多有价值的信息：(i) 除英国和荷兰外，公共养老金收入显著降低了所有国家几乎所有不平等群体的总体收入不平等程度；(ii) 不同类型的养老金制度对收入的再分配效应差异显著；(iii) 实证结果还表明，不同养老金制度对不平等的影响因不平等群体的不同而变化显著。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Social Indicators Research Multiple-

CiteScore

6.30

自引率

6.50%

发文量

174

期刊介绍： Since its foundation in 1974, Social Indicators Research has become the leading journal on problems related to the measurement of all aspects of the quality of life. The journal continues to publish results of research on all aspects of the quality of life and includes studies that reflect developments in the field. It devotes special attention to studies on such topics as sustainability of quality of life, sustainable development, and the relationship between quality of life and sustainability. The topics represented in the journal cover and involve a variety of segmentations, such as social groups, spatial and temporal coordinates, population composition, and life domains. The journal presents empirical, philosophical and methodological studies that cover the entire spectrum of society and are devoted to giving evidences through indicators. It considers indicators in their different typologies, and gives special attention to indicators that are able to meet the need of understanding social realities and phenomena that are increasingly more complex, interrelated, interacted and dynamical. In addition, it presents studies aimed at defining new approaches in constructing indicators.