An evaluation of the impact of the pension system on income inequality: USA, UK, Netherlands, Italy and Türkiye

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dc.authorid0000-0003-4876-8564
dc.authorid0000-0002-0685-7641
dc.contributor.authorVerberi, Can
dc.contributor.authorKaplan, Muhittin
dc.contributor.otherYönetim Bilimleri Fakültesi, İktisat Bölümü
dc.date.accessioned2024-10-29T19:39:29Z
dc.date.available2024-10-29T19:39:29Z
dc.date.issued2024
dc.departmentİHÜ, Yönetim Bilimleri Fakültesi, İktisat Bölümü
dc.description.abstractThis study examines empirically the impact of various characteristics of pension systems, in particular their quality and integrity, on income inequality, utilizing micro-level data from the United States, United Kingdom, Netherlands, Türkiye and Italy. To this end, the income inequality model, which includes public pension (or public/private pension mix), age, education, gender, marital status and employment as independent variables, has been estimated using quantile regression. The results provide a number of valuable information on the impact of the pension system on income inequality: (i) Public pension income significantly reduces overall income inequality across almost all inequality groups in all countries, except for the UK and the Netherlands; (ii) Different types of pension systems vary significantly in their redistributive effects on income; (iii) The empirical results also show that the effect of different pension systems on inequality changes by inequality groups significantly.
dc.identifier.citationVerberi, C. & Kaplan, M. (2024). An evaluation of the impact of the pension system on income inequality: USA, UK, Netherlands, Italy and Türkiye. Social Indicators Research, 174(3), 905-931. http://doi.org/10.1007/s11205-024-03417-5
dc.identifier.doi10.1007/s11205-024-03417-5
dc.identifier.endpage931
dc.identifier.issn0303-8300
dc.identifier.issue3
dc.identifier.scopus2-s2.0-85202999139
dc.identifier.scopusqualityQ1
dc.identifier.startpage905
dc.identifier.urihttp://doi.org/10.1007/s11205-024-03417-5
dc.identifier.urihttps://hdl.handle.net/20.500.12154/3090
dc.identifier.volume174
dc.identifier.wosWOS:001303760500001
dc.identifier.wosqualityQ1
dc.indekslendigikaynakScopus
dc.indekslendigikaynakWeb of Science
dc.institutionauthorKaplan, Muhittin
dc.institutionauthorid0000-0002-0685-7641
dc.language.isoen
dc.publisherSpringer Science and Business Media B.V.
dc.relation.ispartofSocial Indicators Research
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanı
dc.rightsinfo:eu-repo/semantics/closedAccess
dc.subjectPension System Types
dc.subjectPersonal Income Inequality
dc.subjectPublic/Private Pension Mix
dc.subjectQuantile Regression
dc.titleAn evaluation of the impact of the pension system on income inequality: USA, UK, Netherlands, Italy and Türkiye
dc.typeArticle
dspace.entity.typePublication
relation.isAuthorOfPublication04e6333a-2ec2-4c28-a02b-c49e3f178e90
relation.isAuthorOfPublication.latestForDiscovery04e6333a-2ec2-4c28-a02b-c49e3f178e90
relation.isOrgUnitOfPublication9d1809d1-3541-41aa-94ed-639736b7e16f
relation.isOrgUnitOfPublication.latestForDiscovery9d1809d1-3541-41aa-94ed-639736b7e16f

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