G2TT
来源类型Discussion paper
规范类型论文
来源IDDP1295
DP1295 Endogenous Communication Among Lenders and Entrepreneurial Incentives
Jorge Padilla; Marco Pagano
发表日期1996-01-31
出版年1996
语种英语
摘要The paper reviews recent research on the impact of an aging population on the distribution of income. After briefly discussing the demographic conditions responsible for population aging, a short account is given of demographic trends in the industrialized world. In order to disentangle the many potential channels by which an aging society affects the dispersion of income, several levels of aggregation are distinguished. The paper differentiates between intra- and intergenerational issues, between direct and indirect demographic inequality effects, and between the distribution of current and lifetime income. It emphasizes the critical role of age-related redistributive tax-transfer systems, like public pension schemes and health-care systems. Sources of distributional policy conflicts are identified at both the cross-section level and the lifetime level of income inequality. The institutional design of intergenerational burden sharing, individual disincentive reactions, shifts in age-income profiles related to cohort size, and politico-economic repercussions are shown to drive the relation between population aging and income distribution in distinct and partially opposite ways.
关键词Fiscal-demographic policy conflicts Income distribution Population aging Social policy design
URLhttps://cepr.org/publications/dp1295
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/530450
推荐引用方式
GB/T 7714
Jorge Padilla,Marco Pagano. DP1295 Endogenous Communication Among Lenders and Entrepreneurial Incentives. 1996.
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