Publikation: Between Beveridge and Bismarck : Preferences for redistribution through public pensions
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We examine preferences for redistribution in Germany’s public pension system as well as notions of fairness of the system, using survey and experimental data from citizens and politicians. Our findings reveal a widespread rejection of strict proportionality between contributions and benefits, with strong support for greater redistribution to low earners. Information on inequalities in life expectancy reduces perceived fairness and increases support for redistribution among voters and politically moderate legislators. The study also reveals significant knowledge gaps about the basic features of the existing pension scheme among citizens. We demonstrate that policy-relevant information influences fairness perceptions.
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BREYER, Friedrich, Christian BREUNIG, Mark KAPTEINA, Guido SCHWERDT, Maj-Britt STERBA, 2025. Between Beveridge and Bismarck : Preferences for redistribution through public pensions. eISSN 2212-8298. In: The Journal of the Economics of Ageing. Elsevier. 2025, 31, 100570. ISSN 2212-828X. eISSN 2212-8298. Verfügbar unter: doi: 10.1016/j.jeoa.2025.100570BibTex
@article{Breyer2025-06Betwe-73976,
title={Between Beveridge and Bismarck : Preferences for redistribution through public pensions},
year={2025},
doi={10.1016/j.jeoa.2025.100570},
volume={31},
issn={2212-828X},
journal={The Journal of the Economics of Ageing},
author={Breyer, Friedrich and Breunig, Christian and Kapteina, Mark and Schwerdt, Guido and Sterba, Maj-Britt},
note={Article Number: 100570}
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