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portada Political Preferences and the Aging of Populations: Political-Economy Explanations of Pension Reform
Type
Physical Book
Publisher
Author
Year
2015
Language
English
Pages
188
Format
Paperback
ISBN13
9783658086145
Edition No.
2015
Categories

Political Preferences and the Aging of Populations: Political-Economy Explanations of Pension Reform

Oliver Pamp (Author) · Springer Vs · Paperback

Political Preferences and the Aging of Populations: Political-Economy Explanations of Pension Reform - Oliver Pamp

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Synopsis "Political Preferences and the Aging of Populations: Political-Economy Explanations of Pension Reform"

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.

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