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Redistribution and insurance in the German welfare state

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Bibliographic Details
Authors and Corporations: Bartels, Charlotte (Author)
Type of Resource: E-Book
Language: English
published:
Berlin DIW 2011
Series: Deutsches Institut für Wirtschaftsforschung: SOEP papers on multidisciplinary panel data research ; 419
Subjects:
Umverteilung
Soziale Sicherheit
Lebenseinkommen
Einkommensverteilung
Deutschland
Long-term income inequality
Income redistribution
Social security
Graue Literatur
Source: Verbunddaten SWB
Lizenzfreie Online-Ressourcen
Description
Summary: Welfare states redistribute both between individuals reducing annual inequality and over the life-cycle insuring against income risks. But studies measuring redistribution often focus only on a one-year period. Using German SOEP data from 1984 to 2009, long-term inequality over a 20-year period is computed and then decomposed into an inter- and intra-individual component. Results show that annual inequality is higher than long-term inequality, but redistribution is also larger annually. In the long-term, the German welfare state clearly gives priority to insurance over redistribution. This gets even more pronounced at later stages of the life-cycle through the payment of social security pensions.
Physical Description: Online-Ressource (1, 33 S., 352 KB); graph. Darst
Type of Resource: Systemvoraussetzungen: Acrobat reader.