Verberi, CanKaplan, MuhittinYönetim Bilimleri Fakültesi, İktisat Bölümü2024-10-292024-10-292024Verberi, 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/s11205-024-03417-50303-8300http://doi.org/10.1007/s11205-024-03417-5https://hdl.handle.net/20.500.12154/3090This 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.eninfo:eu-repo/semantics/closedAccessPension System TypesPersonal Income InequalityPublic/Private Pension MixQuantile RegressionArticle174390593110.1007/s11205-024-03417-5Q1WOS:0013037605000012-s2.0-85202999139Q1