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Harsh occupations, life expectancy and social security

Pestieau, Pierre; Racionero, Maria

Description

Should pension provisions differ by occupation? We study the optimality of allowing the pension policies to differ by occupation when individuals differ in longevity and occupation, longevity is private information but occupation is observable. There is a case for differentiating the pension policy by occupation when longevity is (imperfectly) correlated with occupation. The short-lived workers in the safe occupation are however made worse-off, more so when the social objective includes a...[Show more]

CollectionsANU Research Publications
Date published: 2016
Type: Journal article
URI: http://hdl.handle.net/1885/107294
Source: Economic Modelling
DOI: 10.1016/j.econmod.2016.05.030

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