Ontology type: schema:ScholarlyArticle Open Access: True
2018-12
AUTHORSJoanna Tyrowicz, Krzysztof Makarski, Marcin Bielecki
ABSTRACTWe analyze the consumption and wealth inequality in an OLG model with mandatory pension systems. Our framework features within-cohort heterogeneity of endowments and heterogeneity of preferences. We allow for population aging and gradual decline in TFP growth. We show four main results. First, increasing longevity translates to substantial increases in aggregate consumption inequality and wealth inequality. Second, a pension system reform from a defined benefit to a defined contribution works to reinforce consumption inequality and reduce wealth inequality. Third, minimum pension benefits are able to partially counteract an increase in inequality introduced by the defined contribution system, at a fiscal cost. Fourth the minimum pension benefit guarantee mostly addresses the sources of inequality which stem from differentiated endowments rather than those which stem from heterogeneous preferences. More... »
PAGES583-606
http://scigraph.springernature.com/pub.10.1007/s10888-018-9391-0
DOIhttp://dx.doi.org/10.1007/s10888-018-9391-0
DIMENSIONShttps://app.dimensions.ai/details/publication/pub.1106052857
JSON-LD is the canonical representation for SciGraph data.
TIP: You can open this SciGraph record using an external JSON-LD service: JSON-LD Playground Google SDTT
[
{
"@context": "https://springernature.github.io/scigraph/jsonld/sgcontext.json",
"about": [
{
"id": "http://purl.org/au-research/vocabulary/anzsrc-for/2008/1402",
"inDefinedTermSet": "http://purl.org/au-research/vocabulary/anzsrc-for/2008/",
"name": "Applied Economics",
"type": "DefinedTerm"
},
{
"id": "http://purl.org/au-research/vocabulary/anzsrc-for/2008/14",
"inDefinedTermSet": "http://purl.org/au-research/vocabulary/anzsrc-for/2008/",
"name": "Economics",
"type": "DefinedTerm"
}
],
"author": [
{
"affiliation": {
"alternateName": "Institute for the Study of Labor",
"id": "https://www.grid.ac/institutes/grid.424879.4",
"name": [
"FAME|GRAPE, Warsaw, Poland",
"IAAEU, Trier, Germany",
"University of Warsaw, Warsaw, Poland",
"IZA, Bonn, Germany"
],
"type": "Organization"
},
"familyName": "Tyrowicz",
"givenName": "Joanna",
"id": "sg:person.010416132723.68",
"sameAs": [
"https://app.dimensions.ai/discover/publication?and_facet_researcher=ur.010416132723.68"
],
"type": "Person"
},
{
"affiliation": {
"alternateName": "Warsaw School of Economics",
"id": "https://www.grid.ac/institutes/grid.426142.7",
"name": [
"FAME|GRAPE, Warsaw, Poland",
"Warsaw School of Economics, Warsaw, Poland",
"National Bank of Poland, Warsaw, Poland"
],
"type": "Organization"
},
"familyName": "Makarski",
"givenName": "Krzysztof",
"id": "sg:person.010635345615.31",
"sameAs": [
"https://app.dimensions.ai/discover/publication?and_facet_researcher=ur.010635345615.31"
],
"type": "Person"
},
{
"affiliation": {
"alternateName": "University of Warsaw",
"id": "https://www.grid.ac/institutes/grid.12847.38",
"name": [
"FAME|GRAPE, Warsaw, Poland",
"University of Warsaw, Warsaw, Poland",
"National Bank of Poland, Warsaw, Poland"
],
"type": "Organization"
},
"familyName": "Bielecki",
"givenName": "Marcin",
"id": "sg:person.013623247615.08",
"sameAs": [
"https://app.dimensions.ai/discover/publication?and_facet_researcher=ur.013623247615.08"
],
"type": "Person"
}
],
"citation": [
{
"id": "sg:pub.10.1007/s10888-005-9012-6",
"sameAs": [
"https://app.dimensions.ai/details/publication/pub.1001355836",
"https://doi.org/10.1007/s10888-005-9012-6"
],
"type": "CreativeWork"
},
{
"id": "sg:pub.10.1007/s10888-005-9012-6",
"sameAs": [
"https://app.dimensions.ai/details/publication/pub.1001355836",
"https://doi.org/10.1007/s10888-005-9012-6"
],
"type": "CreativeWork"
},
{
"id": "sg:pub.10.1007/s00355-003-0294-y",
"sameAs": [
"https://app.dimensions.ai/details/publication/pub.1002860355",
"https://doi.org/10.1007/s00355-003-0294-y"
],
"type": "CreativeWork"
},
{
"id": "https://doi.org/10.1111/j.1468-0297.2010.02391.x",
"sameAs": [
"https://app.dimensions.ai/details/publication/pub.1007522816"
],
"type": "CreativeWork"
},
{
"id": "https://doi.org/10.1006/redy.2002.0157",
"sameAs": [
"https://app.dimensions.ai/details/publication/pub.1008100361"
],
"type": "CreativeWork"
},
{
"id": "https://doi.org/10.1016/j.jpubeco.2015.01.002",
"sameAs": [
"https://app.dimensions.ai/details/publication/pub.1014236615"
],
"type": "CreativeWork"
},
{
"id": "https://doi.org/10.1016/j.red.2011.05.001",
"sameAs": [
"https://app.dimensions.ai/details/publication/pub.1017944520"
],
"type": "CreativeWork"
},
{
"id": "sg:pub.10.1007/s10645-009-9131-8",
"sameAs": [
"https://app.dimensions.ai/details/publication/pub.1018184179",
"https://doi.org/10.1007/s10645-009-9131-8"
],
"type": "CreativeWork"
},
{
"id": "sg:pub.10.1007/s10645-009-9131-8",
"sameAs": [
"https://app.dimensions.ai/details/publication/pub.1018184179",
"https://doi.org/10.1007/s10645-009-9131-8"
],
"type": "CreativeWork"
},
{
"id": "sg:pub.10.1007/s10888-016-9328-4",
"sameAs": [
"https://app.dimensions.ai/details/publication/pub.1018877742",
"https://doi.org/10.1007/s10888-016-9328-4"
],
"type": "CreativeWork"
},
{
"id": "sg:pub.10.1007/s10888-016-9328-4",
"sameAs": [
"https://app.dimensions.ai/details/publication/pub.1018877742",
"https://doi.org/10.1007/s10888-016-9328-4"
],
"type": "CreativeWork"
},
{
"id": "https://doi.org/10.1080/14631377.2012.729305",
"sameAs": [
"https://app.dimensions.ai/details/publication/pub.1021089290"
],
"type": "CreativeWork"
},
{
"id": "https://doi.org/10.1016/j.jeoa.2015.12.001",
"sameAs": [
"https://app.dimensions.ai/details/publication/pub.1025641117"
],
"type": "CreativeWork"
},
{
"id": "https://doi.org/10.1016/j.red.2008.03.001",
"sameAs": [
"https://app.dimensions.ai/details/publication/pub.1025801425"
],
"type": "CreativeWork"
},
{
"id": "https://doi.org/10.1016/j.jedc.2011.03.015",
"sameAs": [
"https://app.dimensions.ai/details/publication/pub.1028284538"
],
"type": "CreativeWork"
},
{
"id": "https://doi.org/10.1017/s1474747205001927",
"sameAs": [
"https://app.dimensions.ai/details/publication/pub.1031501054"
],
"type": "CreativeWork"
},
{
"id": "sg:pub.10.1007/s10797-014-9331-2",
"sameAs": [
"https://app.dimensions.ai/details/publication/pub.1032038866",
"https://doi.org/10.1007/s10797-014-9331-2"
],
"type": "CreativeWork"
},
{
"id": "sg:pub.10.1007/s001910050047",
"sameAs": [
"https://app.dimensions.ai/details/publication/pub.1032918150",
"https://doi.org/10.1007/s001910050047"
],
"type": "CreativeWork"
},
{
"id": "https://doi.org/10.1016/j.jmoneco.2003.06.005",
"sameAs": [
"https://app.dimensions.ai/details/publication/pub.1033433461"
],
"type": "CreativeWork"
},
{
"id": "https://doi.org/10.1162/106454602753694765",
"sameAs": [
"https://app.dimensions.ai/details/publication/pub.1040045167"
],
"type": "CreativeWork"
},
{
"id": "https://doi.org/10.1016/j.jpubeco.2011.03.001",
"sameAs": [
"https://app.dimensions.ai/details/publication/pub.1045751509"
],
"type": "CreativeWork"
},
{
"id": "https://doi.org/10.1016/j.euroecorev.2010.07.002",
"sameAs": [
"https://app.dimensions.ai/details/publication/pub.1046543917"
],
"type": "CreativeWork"
},
{
"id": "https://doi.org/10.1017/s0269888900008122",
"sameAs": [
"https://app.dimensions.ai/details/publication/pub.1046729330"
],
"type": "CreativeWork"
},
{
"id": "https://doi.org/10.1016/j.jedc.2007.01.033",
"sameAs": [
"https://app.dimensions.ai/details/publication/pub.1048456126"
],
"type": "CreativeWork"
},
{
"id": "https://doi.org/10.1016/j.econmod.2014.01.031",
"sameAs": [
"https://app.dimensions.ai/details/publication/pub.1050751382"
],
"type": "CreativeWork"
},
{
"id": "https://doi.org/10.1016/j.jmoneco.2015.10.005",
"sameAs": [
"https://app.dimensions.ai/details/publication/pub.1050968466"
],
"type": "CreativeWork"
},
{
"id": "https://doi.org/10.1017/s1365100597003052",
"sameAs": [
"https://app.dimensions.ai/details/publication/pub.1053863392"
],
"type": "CreativeWork"
},
{
"id": "https://doi.org/10.1017/s1365100510000209",
"sameAs": [
"https://app.dimensions.ai/details/publication/pub.1054011032"
],
"type": "CreativeWork"
},
{
"id": "https://doi.org/10.1017/s1474747215000281",
"sameAs": [
"https://app.dimensions.ai/details/publication/pub.1054938039"
],
"type": "CreativeWork"
},
{
"id": "https://doi.org/10.1086/250034",
"sameAs": [
"https://app.dimensions.ai/details/publication/pub.1058563515"
],
"type": "CreativeWork"
},
{
"id": "https://doi.org/10.1086/375382",
"sameAs": [
"https://app.dimensions.ai/details/publication/pub.1058669176"
],
"type": "CreativeWork"
},
{
"id": "https://doi.org/10.1093/cesifo/ifq005",
"sameAs": [
"https://app.dimensions.ai/details/publication/pub.1059459225"
],
"type": "CreativeWork"
},
{
"id": "https://doi.org/10.1093/cesifo/ifq005",
"sameAs": [
"https://app.dimensions.ai/details/publication/pub.1059459225"
],
"type": "CreativeWork"
},
{
"id": "https://doi.org/10.1111/j.1467-937x.2006.00369.x",
"sameAs": [
"https://app.dimensions.ai/details/publication/pub.1061936607"
],
"type": "CreativeWork"
},
{
"id": "https://doi.org/10.1111/j.1467-937x.2006.00369.x",
"sameAs": [
"https://app.dimensions.ai/details/publication/pub.1061936607"
],
"type": "CreativeWork"
},
{
"id": "https://doi.org/10.1162/003355303321675509",
"sameAs": [
"https://app.dimensions.ai/details/publication/pub.1063348931"
],
"type": "CreativeWork"
},
{
"id": "https://doi.org/10.1162/qjec.2007.122.4.1677",
"sameAs": [
"https://app.dimensions.ai/details/publication/pub.1063352923"
],
"type": "CreativeWork"
},
{
"id": "https://doi.org/10.1596/0-8018-5254-4",
"sameAs": [
"https://app.dimensions.ai/details/publication/pub.1099026248"
],
"type": "CreativeWork"
},
{
"id": "https://doi.org/10.2139/ssrn.2244853",
"sameAs": [
"https://app.dimensions.ai/details/publication/pub.1102375496"
],
"type": "CreativeWork"
},
{
"id": "https://doi.org/10.2139/ssrn.2509367",
"sameAs": [
"https://app.dimensions.ai/details/publication/pub.1102416617"
],
"type": "CreativeWork"
}
],
"datePublished": "2018-12",
"datePublishedReg": "2018-12-01",
"description": "We analyze the consumption and wealth inequality in an OLG model with mandatory pension systems. Our framework features within-cohort heterogeneity of endowments and heterogeneity of preferences. We allow for population aging and gradual decline in TFP growth. We show four main results. First, increasing longevity translates to substantial increases in aggregate consumption inequality and wealth inequality. Second, a pension system reform from a defined benefit to a defined contribution works to reinforce consumption inequality and reduce wealth inequality. Third, minimum pension benefits are able to partially counteract an increase in inequality introduced by the defined contribution system, at a fiscal cost. Fourth the minimum pension benefit guarantee mostly addresses the sources of inequality which stem from differentiated endowments rather than those which stem from heterogeneous preferences.",
"genre": "research_article",
"id": "sg:pub.10.1007/s10888-018-9391-0",
"inLanguage": [
"en"
],
"isAccessibleForFree": true,
"isPartOf": [
{
"id": "sg:journal.1050672",
"issn": [
"1569-1721",
"1573-8701"
],
"name": "The Journal of Economic Inequality",
"type": "Periodical"
},
{
"issueNumber": "4",
"type": "PublicationIssue"
},
{
"type": "PublicationVolume",
"volumeNumber": "16"
}
],
"name": "Inequality in an OLG economy with heterogeneous cohorts and pension systems",
"pagination": "583-606",
"productId": [
{
"name": "readcube_id",
"type": "PropertyValue",
"value": [
"094d505dce19c108b445c8b71928767520e4f807455b341b3dcfc70473e6d0c7"
]
},
{
"name": "doi",
"type": "PropertyValue",
"value": [
"10.1007/s10888-018-9391-0"
]
},
{
"name": "dimensions_id",
"type": "PropertyValue",
"value": [
"pub.1106052857"
]
}
],
"sameAs": [
"https://doi.org/10.1007/s10888-018-9391-0",
"https://app.dimensions.ai/details/publication/pub.1106052857"
],
"sdDataset": "articles",
"sdDatePublished": "2019-04-10T19:18",
"sdLicense": "https://scigraph.springernature.com/explorer/license/",
"sdPublisher": {
"name": "Springer Nature - SN SciGraph project",
"type": "Organization"
},
"sdSource": "s3://com-uberresearch-data-dimensions-target-20181106-alternative/cleanup/v134/2549eaecd7973599484d7c17b260dba0a4ecb94b/merge/v9/a6c9fde33151104705d4d7ff012ea9563521a3ce/jats-lookup/v90/0000000001_0000000264/records_8678_00000573.jsonl",
"type": "ScholarlyArticle",
"url": "https://link.springer.com/10.1007%2Fs10888-018-9391-0"
}
]Download the RDF metadata as: json-ld nt turtle xml License info
JSON-LD is a popular format for linked data which is fully compatible with JSON.
curl -H 'Accept: application/ld+json' 'https://scigraph.springernature.com/pub.10.1007/s10888-018-9391-0'
N-Triples is a line-based linked data format ideal for batch operations.
curl -H 'Accept: application/n-triples' 'https://scigraph.springernature.com/pub.10.1007/s10888-018-9391-0'
Turtle is a human-readable linked data format.
curl -H 'Accept: text/turtle' 'https://scigraph.springernature.com/pub.10.1007/s10888-018-9391-0'
RDF/XML is a standard XML format for linked data.
curl -H 'Accept: application/rdf+xml' 'https://scigraph.springernature.com/pub.10.1007/s10888-018-9391-0'
This table displays all metadata directly associated to this object as RDF triples.
199 TRIPLES
21 PREDICATES
62 URIs
19 LITERALS
7 BLANK NODES