<abstract xmlns="http://www.w3.org/1999/xhtml"><p>Mandatory pension systems occupy a central role in the system of social security because of the share of social expenditure in national economies. One of the goals of pension system is to redistribute incomes among individuals. However, it is not clear how the intentions to redistribute incomes coincide with the outcomes. In this paper, we will study the difference between the intentions as they are articulated within institutions, with the outcomes that are generated by them. We use the method of comparative institutional analysis in order to find out the differences. Our comparative institutional analysis is based on the grammar of institutions that is proposed by Crawford and Ostrom. Also, in order to understand the differences, we will compare the institutions in relatively similar cases – the Baltic States. The results show that there is a gap between the intentions and outcomes to redistribute incomes among individuals. The findings from the comparative institutional analysis suggest that the most redistributive old age pension system is in Estonia. However, according to the factual information from Eurostat, the greatest distributive effect is produced by the mandatory pension system of Lithuania.</p></abstract>

Mandatory pension systems occupy a central role in the system of social security because of the share of social expenditure in national economies. One of the goals of pension system is to redistribute incomes among individuals. However, it is not clear how the intentions to redistribute incomes coincide with the outcomes. In this paper, we will study the difference between the intentions as they are articulated within institutions, with the outcomes that are generated by them. We use the method of comparative institutional analysis in order to find out the differences. Our comparative institutional analysis is based on the grammar of institutions that is proposed by Crawford and Ostrom. Also, in order to understand the differences, we will compare the institutions in relatively similar cases – the Baltic States. The results show that there is a gap between the intentions and outcomes to redistribute incomes among individuals. The findings from the comparative institutional analysis suggest that the most redistributive old age pension system is in Estonia. However, according to the factual information from Eurostat, the greatest distributive effect is produced by the mandatory pension system of Lithuania.

Mandatory Pension System and Redistribution: The Comparative Analysis of Institutions in Baltic States

Central European Journal of Public Policy

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

Mandatory pension systems occupy a central role in the system of social security because of the share of social expenditure in national economies. One of the...

Mandatory Pension System and Redistribution: The Comparative Analysis of Institutions in Baltic States

Published Online: Dec 30, 2016

Page range: 16 - 29

Received: Jul 07, 2016

Accepted: Oct 02, 2016

DOI: https://doi.org/10.1515/cejpp-2016-0025

Keywords
Redistribution, Mandatory pension system, Institutions, Comparative analysis, Baltic States

© 2016 Eugenijus Dunajevas et al., published by De Gruyter Open

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

Mandatory Pension System and Redistribution: The Comparative Analysis of Institutions in Baltic States

Published Online: Dec 30, 2016

Page range: 16 - 29

Received: Jul 07, 2016

Accepted: Oct 02, 2016

DOI: https://doi.org/10.1515/cejpp-2016-0025

KeywordsRedistribution, Mandatory pension system, Institutions, Comparative analysis, Baltic States

© 2016 Eugenijus Dunajevas et al., published by De Gruyter Open

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

Keywords
Redistribution, Mandatory pension system, Institutions, Comparative analysis, Baltic States