Munich Personal RePEc Archive

Pension wealth gaps in a system with disintegrated retirement arrangements

Raab, Roman (2015): Pension wealth gaps in a system with disintegrated retirement arrangements.

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Abstract

This paper examines the application of the gap concept to determine pension wealth differentials across different retirement arrangements and over a range of retirement ages. The gap concept allows for comparisons of equality outcomes without having to rely on the optimal savings paradigm. The micro simulation analysis draws a clear picture of inequalities generated by a pension system as opposed to other sources of inequality within the generation in retirement.

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