Estimating the small area effects of austerity measures in the UK
Estimating the small area effects of austerity measures in the UK
The major distributional effect is caused by gender neutral financing and benefits in combination with considerably higher life expectancy for women than for men. These important characteristics are not much affected by the reform of the public pension system in Norway that started to be implemented from 2011. A traditional approach to analysing distributional aspects of tax and pension systems is to calculate taxes paid and benefits received for persons with different characteristics. In analysing gender aspects of the Norwegian pension system people use the dynamic microsimulation model MOSART documented in Fredriksen. In this model, projections for demographic development and labour supply are combined with different rules for accumulation of pension entitlements, an actuarial design and adjustments for increasing life expectancy. In addition to the direct effects from the reform of the Norwegian public pension system, plausible labour supply assumptions are implemented exogenously in the model.
11-27
Anderson, Ben
01e98bbd-b402-48b0-b83e-142341a39b2d
De Agostini, Paola
4568d805-bf14-4590-839d-4cd538b44846
Lawson, Tony
1a5164d4-248a-4978-b21b-53258610374b
2014
Anderson, Ben
01e98bbd-b402-48b0-b83e-142341a39b2d
De Agostini, Paola
4568d805-bf14-4590-839d-4cd538b44846
Lawson, Tony
1a5164d4-248a-4978-b21b-53258610374b
Anderson, Ben, De Agostini, Paola and Lawson, Tony
(2014)
Estimating the small area effects of austerity measures in the UK.
In,
New Pathways in Microsimulation.
Taylor & Francis, .
(doi:10.4324/9781315598024).
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Book Section
Abstract
The major distributional effect is caused by gender neutral financing and benefits in combination with considerably higher life expectancy for women than for men. These important characteristics are not much affected by the reform of the public pension system in Norway that started to be implemented from 2011. A traditional approach to analysing distributional aspects of tax and pension systems is to calculate taxes paid and benefits received for persons with different characteristics. In analysing gender aspects of the Norwegian pension system people use the dynamic microsimulation model MOSART documented in Fredriksen. In this model, projections for demographic development and labour supply are combined with different rules for accumulation of pension entitlements, an actuarial design and adjustments for increasing life expectancy. In addition to the direct effects from the reform of the Norwegian public pension system, plausible labour supply assumptions are implemented exogenously in the model.
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Published date: 2014
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Publisher Copyright:
© Gijs Dekkers, Marcia Keegan, Cathal O’Donoghue and the contributors 2014.
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Copyright 2020 Elsevier B.V., All rights reserved.
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Local EPrints ID: 453924
URI: http://eprints.soton.ac.uk/id/eprint/453924
PURE UUID: 605b1813-183f-49e1-9982-4a9f31a1444a
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Date deposited: 25 Jan 2022 18:15
Last modified: 05 Jun 2024 19:46
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Author:
Paola De Agostini
Author:
Tony Lawson
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