How Pension Systems (Re)shape the Landscape of Wealth Inequality and Redistribution
by Kun Lee, (LIS Cross-National Data Center & LISER)
This article examines how pension systems shape the distribution of wealth across countries. It incorporates pension entitlements into measures of household wealth, addressing a key limitation of conventional approaches that focus only on marketable assets such as housing and financial wealth. Using the Luxembourg Wealth Study (LWS), the analysis compares wealth inequality with and without pension wealth and investigates how institutional features of pension systems affect their redistributive impact on overall wealth inequality.
Full article is available here.