The emergence of redistributive pensions in the developing world
作者： Michael Neugart , Achim Kemmerling
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摘要: Pension schemes that redistribute money to the elderly have seen a remarkable surge in developing countries. To explain this phenomenon we build political economy model of Beveridgean pay-as-you-go social security system which incorporates family transfers driven by costs non-compliance norm. For appropriately chosen weights support function government will choose increase pensions if share urban population increases, productivity differentials between and rural workers widen, or norm erodes.
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