Back to Bismarck: Shifting Preferences for Intragenerational Redistribution in OECD Pension Systems∗ Preliminary Version: Please Do not Quote!

In this paper, we investigate the relationship between changes of efficiency, income inequality and life expectancy on the one hand and ∗Financial support by the German Federal Pension Insurance’s Research Network on Pensions (FNA) is gratefully acknowledged. Earlier versions of the paper were presented at the IIPF conference in Warwick, at the FNA workshop “Wohlstandverteilung und gesetzliche Rentenversicherung” and at the research seminar in Paderborn. The authors would like to thank Jürgen Faik, Tim Köhler-Rama, Christian Traxler and Andreas Wagener as well as conference and seminar participants for helpful comments and discussions. †Department of Economics, University of Paderborn, Warburger Str. 100, 33098 Paderborn, Germany, ph.: +49-5251-602117, e-mail: [email protected]. ‡Department of Economics, University of Bremen, Hochschulring 4, 28359 Bremen, Germany, ph.: +49-421-2182765, e-mail: [email protected].