Abstract
Since old-age programmes mitigate life-course risks that are relevant to individuals across socio-economic groups in ageing societies, all parties have a political incentive to support these initiatives. Nevertheless, pre-existing partisan commitments bind the policy instruments that parties use. Cabinet-level analyses of OECD economies demonstrate that left incumbency relies more on public expenditure than right-wing governments. What is more important is that, in the context of large elderly populations, pension coverage is greater under right-leaning governments, while pension replacement rates are higher in left-leaning governments. This shows that party behaviour related to life course-related policies cannot be explained by the conventional pro-expansion versus the pro-retrenchment partisan politics. Rather, a focus on partisan variation in the use of policy instruments is required.1
| Original language | English |
|---|---|
| Pages (from-to) | 261-281 |
| Number of pages | 21 |
| Journal | Policy and Politics |
| Volume | 50 |
| Issue number | 2 |
| State | Published - 2022 |
UN SDGs
This output contributes to the following UN Sustainable Development Goals (SDGs)
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SDG 1 No Poverty
Keywords
- Government expenditure
- Life-course risk
- Oecd
- Partisan politics
- Pensions
- Population ageing
- Replacement rates
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