Women's Labour Supply Incentives and Old-age Income Redistribution

WIFO Research Seminar

Organised by: Austrian Institute of Economic Research (WIFO)

Speaker:
Veronika Püschel (German Council of Economic Experts)

Comment:
Christine Mayrhuber

Language: German

WIFO, Helene-Lieser-Saal or online via Microsoft-Teams

The risk of ending up poor in old age is shaped at young ages and it is concentrated among women. To counteract old-age poverty, many countries redistribute income through the pension system on a lifetime-earnings basis.

Participation via Microsoft-Teams

Using a quantitative model, Veronika Püschel and her colleagues argue that a pension system that uses annual instead of lifetime earnings as basis for redistribution leads to much better labour market outcomes and a superior old-age income distribution. Such a system comes with broad employment incentives, especially for individuals prone to old-age poverty risk. As such, it addresses the causes of old-age poverty and not only its consequences.

If you wish to attend in person, please register here.

Please be aware that this seminar will be recorded and published digitally.