Year: 2012
Author: Bartels, Charlotte
Journal of Contextual Economics – Schmollers Jahrbuch, Vol. 132 (2012), Iss. 2 : pp. 265–295
Abstract
Welfare states redistribute both between individuals reducing annual inequality and over the life-cycle insuring against income risks. But studies measuring redistribution often focus only on a one-year period. Using German SOEP data from 1984 to 2009, long-term inequality over a 20-year period is computed and then decomposed into an inter-and intra-individual component. Results show that annual inequality is higher than long-term inequality, but redistribution is also larger from an annual perspective. In the long-term, the German welfare state clearly prioritizes insurance over redistribution. This gets even more pronounced at later stages of the life-cycle through the payment of social security pensions.
Journal Article Details
Publisher Name: Global Science Press
Language: English
DOI: https://doi.org/10.3790/schm.132.2.265
Journal of Contextual Economics – Schmollers Jahrbuch, Vol. 132 (2012), Iss. 2 : pp. 265–295
Published online: 2012-04
AMS Subject Headings: Duncker & Humblot
Copyright: COPYRIGHT: © Global Science Press
Pages: 31
Author Details
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