{"id":"https://openalex.org/W2769314398","doi":"https://doi.org/10.1007/s00355-017-1094-0","title":"On the redistributive power of pensions","display_name":"On the redistributive power of pensions","publication_year":2017,"publication_date":"2017-11-14","ids":{"openalex":"https://openalex.org/W2769314398","doi":"https://doi.org/10.1007/s00355-017-1094-0","mag":"2769314398"},"language":"en","primary_location":{"id":"doi:10.1007/s00355-017-1094-0","is_oa":true,"landing_page_url":"https://doi.org/10.1007/s00355-017-1094-0","pdf_url":"https://link.springer.com/content/pdf/10.1007/s00355-017-1094-0.pdf","source":{"id":"https://openalex.org/S107325288","display_name":"Social Choice and Welfare","issn_l":"0176-1714","issn":["0176-1714","1432-217X"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310319900","host_organization_name":"Springer Science+Business Media","host_organization_lineage":["https://openalex.org/P4310319900","https://openalex.org/P4310319965"],"host_organization_lineage_names":["Springer Science+Business Media","Springer Nature"],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Social Choice and Welfare","raw_type":"journal-article"},"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":true,"oa_status":"hybrid","oa_url":"https://link.springer.com/content/pdf/10.1007/s00355-017-1094-0.pdf","any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5003818465","display_name":"Philippe Chon\u00e9","orcid":null},"institutions":[{"id":"https://openalex.org/I4210137396","display_name":"Centre de Recherche en \u00c9conomie et Statistique","ror":"https://ror.org/0449khs19","country_code":"FR","type":"facility","lineage":["https://openalex.org/I1294671590","https://openalex.org/I1294671590","https://openalex.org/I142476485","https://openalex.org/I4210108488","https://openalex.org/I4210108488","https://openalex.org/I4210137396","https://openalex.org/I4210145102","https://openalex.org/I4210145102","https://openalex.org/I4210150854","https://openalex.org/I84009706"]}],"countries":["FR"],"is_corresponding":true,"raw_author_name":"Philippe Chon\u00e9","raw_affiliation_strings":["Centre de Recherche en Economie et Statistique (CREST), Universite Parris-Saclay, 5 av. Henry le Chatelier, 91120, Palaiseau, France","CREST - Centre de Recherche en \u00c9conomie et Statistique (5, Avenue Henry Le Chatelier, 91120 Palaiseau - France)"],"affiliations":[{"raw_affiliation_string":"Centre de Recherche en Economie et Statistique (CREST), Universite Parris-Saclay, 5 av. Henry le Chatelier, 91120, Palaiseau, France","institution_ids":["https://openalex.org/I4210137396"]},{"raw_affiliation_string":"CREST - Centre de Recherche en \u00c9conomie et Statistique (5, Avenue Henry Le Chatelier, 91120 Palaiseau - France)","institution_ids":["https://openalex.org/I4210137396"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5043300813","display_name":"Guy Laroque","orcid":"https://orcid.org/0000-0003-1109-4703"},"institutions":[{"id":"https://openalex.org/I45129253","display_name":"University College London","ror":"https://ror.org/02jx3x895","country_code":"GB","type":"education","lineage":["https://openalex.org/I124357947","https://openalex.org/I45129253"]},{"id":"https://openalex.org/I205092303","display_name":"Institut d'Etudes Politiques de Paris","ror":"https://ror.org/05fe7ax82","country_code":"FR","type":"facility","lineage":["https://openalex.org/I205092303"]},{"id":"https://openalex.org/I57995698","display_name":"Paris School of Economics","ror":"https://ror.org/01qtp1053","country_code":"FR","type":"education","lineage":["https://openalex.org/I1294671590","https://openalex.org/I142631665","https://openalex.org/I2746051580","https://openalex.org/I29607241","https://openalex.org/I4210088668","https://openalex.org/I4210145102","https://openalex.org/I51101395","https://openalex.org/I57995698","https://openalex.org/I90669466"]}],"countries":["FR","GB"],"is_corresponding":false,"raw_author_name":"Guy Laroque","raw_affiliation_strings":["Department of Economics, Sciences-Po, Paris, France","Department of Economics, University College London, London, UK","ECON - D\u00e9partement d'\u00e9conomie (Sciences Po) (28 rue des Saints-P\u00e8res - 75007 Paris - France)","UCL - University College of London [London] (Gower Street, London WC1E 6BT  - United Kingdom)"],"affiliations":[{"raw_affiliation_string":"Department of Economics, Sciences-Po, Paris, France","institution_ids":["https://openalex.org/I205092303","https://openalex.org/I57995698"]},{"raw_affiliation_string":"Department of Economics, University College London, London, UK","institution_ids":["https://openalex.org/I45129253"]},{"raw_affiliation_string":"ECON - D\u00e9partement d'\u00e9conomie (Sciences Po) (28 rue des Saints-P\u00e8res - 75007 Paris - France)","institution_ids":["https://openalex.org/I205092303"]},{"raw_affiliation_string":"UCL - University College of London [London] (Gower Street, London WC1E 6BT  - United Kingdom)","institution_ids":["https://openalex.org/I45129253"]}]}],"institutions":[],"countries_distinct_count":2,"institutions_distinct_count":2,"corresponding_author_ids":["https://openalex.org/A5003818465"],"corresponding_institution_ids":["https://openalex.org/I4210137396"],"apc_list":{"value":2290,"currency":"EUR","value_usd":2890},"apc_paid":{"value":2290,"currency":"EUR","value_usd":2890},"fwci":0.0,"has_fulltext":true,"cited_by_count":2,"citation_normalized_percentile":{"value":0.09869678,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":{"min":89,"max":94},"biblio":{"volume":"50","issue":"3","first_page":"519","last_page":"546"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T11770","display_name":"Fiscal Policy and Economic Growth","score":0.9998000264167786,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T11770","display_name":"Fiscal Policy and Economic Growth","score":0.9998000264167786,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10517","display_name":"Financial Literacy, Pension, Retirement Analysis","score":0.9986000061035156,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11544","display_name":"Gender, Labor, and Family Dynamics","score":0.9937999844551086,"subfield":{"id":"https://openalex.org/subfields/3318","display_name":"Gender Studies"},"field":{"id":"https://openalex.org/fields/33","display_name":"Social Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/redistribution","display_name":"Redistribution (election)","score":0.8609220385551453},{"id":"https://openalex.org/keywords/pension","display_name":"Pension","score":0.7230910658836365},{"id":"https://openalex.org/keywords/economics","display_name":"Economics","score":0.7145350575447083},{"id":"https://openalex.org/keywords/public-finance","display_name":"Public finance","score":0.6253098249435425},{"id":"https://openalex.org/keywords/incentive","display_name":"Incentive","score":0.6062239408493042},{"id":"https://openalex.org/keywords/labour-economics","display_name":"Labour economics","score":0.6021518111228943},{"id":"https://openalex.org/keywords/labour-supply","display_name":"Labour supply","score":0.5083903670310974},{"id":"https://openalex.org/keywords/microeconomics","display_name":"Microeconomics","score":0.3160898685455322},{"id":"https://openalex.org/keywords/macroeconomics","display_name":"Macroeconomics","score":0.13977959752082825},{"id":"https://openalex.org/keywords/finance","display_name":"Finance","score":0.12981370091438293}],"concepts":[{"id":"https://openalex.org/C74080474","wikidata":"https://www.wikidata.org/wiki/Q7305975","display_name":"Redistribution (election)","level":3,"score":0.8609220385551453},{"id":"https://openalex.org/C2780899237","wikidata":"https://www.wikidata.org/wiki/Q156223","display_name":"Pension","level":2,"score":0.7230910658836365},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.7145350575447083},{"id":"https://openalex.org/C178283979","wikidata":"https://www.wikidata.org/wiki/Q274490","display_name":"Public finance","level":2,"score":0.6253098249435425},{"id":"https://openalex.org/C29122968","wikidata":"https://www.wikidata.org/wiki/Q1414816","display_name":"Incentive","level":2,"score":0.6062239408493042},{"id":"https://openalex.org/C145236788","wikidata":"https://www.wikidata.org/wiki/Q28161","display_name":"Labour economics","level":1,"score":0.6021518111228943},{"id":"https://openalex.org/C2776689383","wikidata":"https://www.wikidata.org/wiki/Q2717283","display_name":"Labour supply","level":2,"score":0.5083903670310974},{"id":"https://openalex.org/C175444787","wikidata":"https://www.wikidata.org/wiki/Q39072","display_name":"Microeconomics","level":1,"score":0.3160898685455322},{"id":"https://openalex.org/C139719470","wikidata":"https://www.wikidata.org/wiki/Q39680","display_name":"Macroeconomics","level":1,"score":0.13977959752082825},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.12981370091438293},{"id":"https://openalex.org/C199539241","wikidata":"https://www.wikidata.org/wiki/Q7748","display_name":"Law","level":1,"score":0.0},{"id":"https://openalex.org/C94625758","wikidata":"https://www.wikidata.org/wiki/Q7163","display_name":"Politics","level":2,"score":0.0},{"id":"https://openalex.org/C17744445","wikidata":"https://www.wikidata.org/wiki/Q36442","display_name":"Political science","level":0,"score":0.0}],"mesh":[],"locations_count":5,"locations":[{"id":"doi:10.1007/s00355-017-1094-0","is_oa":true,"landing_page_url":"https://doi.org/10.1007/s00355-017-1094-0","pdf_url":"https://link.springer.com/content/pdf/10.1007/s00355-017-1094-0.pdf","source":{"id":"https://openalex.org/S107325288","display_name":"Social Choice and Welfare","issn_l":"0176-1714","issn":["0176-1714","1432-217X"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310319900","host_organization_name":"Springer Science+Business Media","host_organization_lineage":["https://openalex.org/P4310319900","https://openalex.org/P4310319965"],"host_organization_lineage_names":["Springer Science+Business Media","Springer Nature"],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Social Choice and Welfare","raw_type":"journal-article"},{"id":"pmh:oai:HAL:hal-03915272v1","is_oa":false,"landing_page_url":"https://sciencespo.hal.science/hal-03915272","pdf_url":null,"source":{"id":"https://openalex.org/S4306402512","display_name":"HAL (Le Centre pour la Communication Scientifique Directe)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"host_organization":"https://openalex.org/I1294671590","host_organization_name":"Centre National de la Recherche Scientifique","host_organization_lineage":["https://openalex.org/I1294671590"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"Social Choice and Welfare, 2018, 50 (3), pp.519-546. &#x27E8;10.1007/s00355-017-1094-0&#x27E9;","raw_type":"Journal articles"},{"id":"pmh:oai:RePEc:hal:journl:hal-03915272","is_oa":false,"landing_page_url":null,"pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"preprint"},{"id":"pmh:oai:RePEc:spr:sochwe:v:50:y:2018:i:3:d:10.1007_s00355-017-1094-0","is_oa":false,"landing_page_url":"http://link.springer.com/10.1007/s00355-017-1094-0","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article"},{"id":"pmh:oai:eprints.ucl.ac.uk.OAI2:10027591","is_oa":false,"landing_page_url":"https://discovery.ucl.ac.uk/id/eprint/10027591/","pdf_url":null,"source":{"id":"https://openalex.org/S4306400024","display_name":"UCL Discovery (University College London)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"host_organization":"https://openalex.org/I45129253","host_organization_name":"University College London","host_organization_lineage":["https://openalex.org/I45129253"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"   Social Choice and Welfare , 50  (3)   pp. 519-546.   (2018)      ","raw_type":"Article"}],"best_oa_location":{"id":"doi:10.1007/s00355-017-1094-0","is_oa":true,"landing_page_url":"https://doi.org/10.1007/s00355-017-1094-0","pdf_url":"https://link.springer.com/content/pdf/10.1007/s00355-017-1094-0.pdf","source":{"id":"https://openalex.org/S107325288","display_name":"Social Choice and Welfare","issn_l":"0176-1714","issn":["0176-1714","1432-217X"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310319900","host_organization_name":"Springer Science+Business Media","host_organization_lineage":["https://openalex.org/P4310319900","https://openalex.org/P4310319965"],"host_organization_lineage_names":["Springer Science+Business Media","Springer Nature"],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Social Choice and Welfare","raw_type":"journal-article"},"sustainable_development_goals":[{"id":"https://metadata.un.org/sdg/8","score":0.6800000071525574,"display_name":"Decent work and economic growth"}],"awards":[{"id":"https://openalex.org/G5909435658","display_name":null,"funder_award_id":"ERC-2010-AdG-269440-WSCWTBDS","funder_id":"https://openalex.org/F4320334678","funder_display_name":"European Research Council"}],"funders":[{"id":"https://openalex.org/F4320334678","display_name":"European Research Council","ror":"https://ror.org/0472cxd90"}],"has_content":{"pdf":true,"grobid_xml":true},"content_urls":{"pdf":"https://content.openalex.org/works/W2769314398.pdf","grobid_xml":"https://content.openalex.org/works/W2769314398.grobid-xml"},"referenced_works_count":28,"referenced_works":["https://openalex.org/W1491262135","https://openalex.org/W1498686027","https://openalex.org/W1524189842","https://openalex.org/W1538448890","https://openalex.org/W1985829318","https://openalex.org/W1989792334","https://openalex.org/W1992184271","https://openalex.org/W1999822296","https://openalex.org/W2029050771","https://openalex.org/W2036075937","https://openalex.org/W2092267717","https://openalex.org/W2124593951","https://openalex.org/W2162279941","https://openalex.org/W2162660981","https://openalex.org/W2169098151","https://openalex.org/W2262836992","https://openalex.org/W2265679842","https://openalex.org/W2289510843","https://openalex.org/W2315305068","https://openalex.org/W2994196425","https://openalex.org/W3121459100","https://openalex.org/W3121920701","https://openalex.org/W3123500012","https://openalex.org/W3124541788","https://openalex.org/W3126010269","https://openalex.org/W3159252451","https://openalex.org/W4233762268","https://openalex.org/W4239041053"],"related_works":["https://openalex.org/W4247219260","https://openalex.org/W2019531289","https://openalex.org/W4244738116","https://openalex.org/W1987859952","https://openalex.org/W2038906550","https://openalex.org/W2080866340","https://openalex.org/W4396616968","https://openalex.org/W1489069252","https://openalex.org/W2367468089","https://openalex.org/W2519031001"],"abstract_inverted_index":{"We":[0],"study":[1],"the":[2,36,39,43,76,80,84,87],"tradeoff":[3],"between":[4],"efficiency":[5],"and":[6,17,28,94],"redistribution":[7,93],"in":[8,79],"a":[9,25,29,54],"model":[10],"with":[11,86],"overlapping":[12],"generations,":[13],"extensive":[14],"labor":[15,45,61],"supply,":[16],"perfect":[18],"financial":[19],"markets.":[20],"The":[21,70],"government":[22],"instruments":[23],"are":[24],"pension":[26,40,68,88],"scheme":[27],"age-independent":[30],"nonlinear":[31],"income":[32],"tax":[33],"schedule.":[34],"At":[35],"second-best":[37],"optimum,":[38],"system":[41],"constrains":[42],"agents\u2019":[44],"supply":[46,62],"behavior,":[47],"forcing":[48],"them":[49],"to":[50,52],"work":[51],"achieve":[53],"required":[55],"lifetime":[56],"performance.":[57],"Income":[58],"taxes":[59,74,91],"affect":[60],"directly,":[63],"but":[64],"also":[65],"indirectly":[66],"through":[67,83],"incentives.":[69],"indirect":[71],"effect":[72],"of":[73],"counteracts":[75],"usual":[77],"forces":[78],"efficiency-redistribution":[81],"tradeoff:":[82],"interplay":[85],"system,":[89],"decreasing":[90],"induces":[92],"reduces":[95],"productive":[96],"efficiency.":[97]},"counts_by_year":[{"year":2022,"cited_by_count":1},{"year":2021,"cited_by_count":1}],"updated_date":"2026-04-04T16:13:02.066488","created_date":"2025-10-10T00:00:00"}
