Evidence map›Paper›PMID 32656070›Full record

ArticleJournal of the economics of ageing2020

Redistributive effects of different pension systems when longevity varies by socioeconomic status.

Miguel Sanchez-Romero, Ronald D Lee, Alexia Prskawetz

Abstract read
In one paragraph

Article in Journal of the economics of ageing, 2020. The graph could read no effect estimate from its abstract, so it casts no vote on the map. Cited by 5 papers.

0numbers the graph read from it
0cells of the map it votes in
5citing papers in PubMed
–field-weighted citation impact
1 · What the graph read from it

What it found

Each row is one number read from the abstract, on the scale the paper reported it, with its interval. Left of the dashed line favours the treatment, right favours the comparator. Under each row is the sentence it came from. New to these charts? A ten-minute tutorial.

The abstract states no effect estimate the extractor could read, or names no intervention and outcome on the map, so this paper lights no cell and moves no belief. It is still indexed, cited and linked below.

2 · The registry

The trial behind it

Trials whose registry record cites this paper, or whose number appears in the abstract. A trial that started after this paper was published is citing it as background, not reporting it.

Neither the registry nor the abstract names a trial number. If this is a trial report, that itself is worth knowing.

3 · Its place in the literature

Who cites it

5 citing papers in PubMed.

  1. The rising income gradient in life expectancy in Sweden over six decades.Proceedings of the National Academy of Sciences of the United States of America · 2025
    Article
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4 · The record

Corrections and comments

PubMed lists nothing against this paper. Absence here is not a guarantee, only a check that was made.

5 · Who and what money

Authors and funding

3 authors.

Miguel Sanchez-RomeroInstitute of Statistics and Mathematical Methods in Economics, Research Unit Economics, TU Wien, Austria.
Ronald D LeeUniversity of California, Berkeley (UCB), US.
Alexia PrskawetzInstitute of Statistics and Mathematical Methods in Economics, Research Unit Economics, TU Wien, Austria.

Funding

Formal and Informal Support Systems for the Elderly in 50 CountriesR24AG045055 · NIA · UNIVERSITY OF CALIFORNIA BERKELEY · PI LEE, RONALD D, MASON, ANDREW W · 2015 to 2017
$600k
NIA NIH HHS R24 AG045055
6 · The paper itself

Abstract

We propose a general analytical framework to model the redistributive features of alternative pension systems when individuals face ex ante differences in mortality. Differences in life expectancy between high and low socioeconomic groups are often large and have widened recently in many countries. Such longevity gaps affect the actuarial fairness and progressivity of public pension systems. However, behavioral responses to longevity and policy complicate analysis of possible reforms. Here we consider how various pension systems would perform in an OLG setting with heterogeneous longevity and ability. We evaluate redistributive effects of three Notional Defined Contribution plans and three Defined Benefit plans, calibrated on the US case. Compared to a benchmark non-redistributive plan that accounts for differences in mortality, US Social Security reduces regressivity from longevity differences, but would require group-specific life tables to achieve progressivity. Moreover, without separate life tables, despite apparent accounting gains, lower income groups would suffer welfare losses and higher income groups would enjoy welfare gains through indirect effects of pension systems on labor supply.

Indexed as

E24H55Human capitalInequalityJ10J18Life cycleLongevityPensionProgressivity

Identifiers

PMID32656070
PMCPMC7351074

What OpenQuestion holds

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Registered trials

None linked

Read under generation 80e0d062 · epoch 390. Bibliography from PubMed, PubMed Central and OpenAlex; grants from NIH RePORTER; trial links from ClinicalTrials.gov; estimates, votes and beliefs from the OpenQuestion graph.