Political Preferences and the Aging of Populations

Political-Economy Explanations of Pension Reform

  • Oliver Pamp

Table of contents

  1. Front Matter
    Pages 1-24
  2. Oliver Pamp
    Pages 25-33
  3. Oliver Pamp
    Pages 35-54
  4. Back Matter
    Pages 173-212

About this book

Introduction

Oliver Pamp analyzes the likelihood and extent of pension reforms from a political-economy perspective. It is shown that voters’ preferences for or against reforms are influenced by a societies’ demographic development, the generosity of its existing public pension scheme and its electoral system. The author extensively reviews existing formal models of pension systems, discusses their merits and limitations, and develops a three-period overlapping generations model. The model’s insights regarding individual reform preferences are then put into the context of different electoral systems, thus emphasizing the important role of electoral institutions in the aggregation of societal preferences. Finally, using cross-national survey data, logit and ordered-logit analyses tentatively confirm some of the model’s main implications.

Contents

  • Population Aging and its Economic and Financial Consequences
  • Formal Models of Pension Systems
  • Pension Preferences and Reform – A Political-Economy Model
  • Econometric Analyses of Cross-National Survey Data on Individual Pension Reform Preferences

Target Groups

  • Researchers, lecturers and students of political science and economics

The Author

Oliver Pamp is lecturer for empirical and formal methods at the Geschwister Scholl Institute of Political Science at the Ludwig Maximilians University in Munich (Germany). His research focuses, among other things, on the political economy of government budgets and social policy.

Keywords

Cross-National Survey Data Electoral Institutions Generations Model Pension Systems Population Aging

Authors and affiliations

  • Oliver Pamp
    • 1
  1. 1.Geschwister‐Scholl‐Institut für PolitikwissenschaftLMU MünchenMünchenGermany

Bibliographic information

  • DOI https://doi.org/10.1007/978-3-658-08615-2
  • Copyright Information Springer Fachmedien Wiesbaden 2015
  • Publisher Name Springer VS, Wiesbaden
  • eBook Packages Humanities, Social Sciences and Law
  • Print ISBN 978-3-658-08614-5
  • Online ISBN 978-3-658-08615-2
  • About this book