Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/237573 
Year of Publication: 
2021
Series/Report no.: 
KRTK-KTI Working Papers No. KRTK-KTI WP - 2021/30
Publisher: 
Hungarian Academy of Sciences, Institute of Economics, Centre for Economic and Regional Studies, Budapest
Abstract: 
The strong and increasing positive correlation between lifetime income and life expectancy (the longevity gap) has recently been widely studied. In this paper we employ the simplest, minimal model to demonstrate the impact of this long-neglected fact on the various types of public pension systems, especially on the issue of progressivity and neutrality.
Subjects: 
social security
public finance
income-dependent life expectation
longevity gap
JEL: 
D10
H55
I38
Document Type: 
Working Paper

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