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Overview on heterogeneity in longevity and pension schemes

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dc.contributor.author Lee, Ron
dc.contributor.author Sanchez-Romero, Miguel
dc.date.accessioned 2019-07-31T21:53:59Z
dc.date.available 2019-07-31T21:53:59Z
dc.date.issued 2019-07-31
dc.identifier.citation Lee R., Sanchez-Romero M. (2019), Overview on heterogeneity in longevity and pension schemes, Roma, INAPP, WP, n. 22 <https://oa.inapp.org/xmlui/handle/20.500.12916/459> en_US
dc.identifier.uri https://oa.inapp.org/xmlui/handle/20.500.12916/459
dc.description.abstract Differences in life expectancy between high and low socioeconomic groups are often large and have widened in recent decades. In the United States, the differences may now be as large as 10 to 14 years. These longevity gaps strongly affect the actuarial fairness and progressivity of many public pension systems, raising the question of possible policy reforms to address this issue. This paper reviews the empirical literature on the longevity differences across socioeconomic groups and their impacts on lifetime benefits, considers how these impacts depend on four different pay-as-you-go pension structures (calibrated on the US case), and discusses some policy options. en_US
dc.language.iso en en_US
dc.publisher INAPP en_US
dc.subject Pensioni en_US
dc.subject Previdenza en_US
dc.title Overview on heterogeneity in longevity and pension schemes en_US
dc.type Working Paper en_US
dc.type.relation Working Paper;


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