Inequality

Living standards and inequality

Inequality has a complex role in society. It can harm cohesion, people's opportunities, and their standard of living, whereas complete equality can harm the incentives to work harder and do better. It is important that policies find the right balance and take this trade-off into account. Thus, knowledge and analyses about inequality and living standards for different groups of society are essential to find this balance and make sure no one is left behind.

Cases

Analysis of the expansion of the “New right to earlier pension” and the “Senior pension” scheme

There is wide support among the Danish population to allow the most debilitated workers to retire early. However, a proposal for a new early retirement scheme by the government is directed towards workers with many years in the labour market and does not consider whether the individual worker is in fact worn out. If adopted as-is, the government’s new proposal for early retirement would exist alongside the current senior pension scheme that is directed towards the most debilitated individuals. In our analysis, we compare the costs of expanding the eligibility of the current senior pension scheme to a wider age group versus the costs of expanding government’s new proposal for early retirement.

 

We find that an expansion of the existing senior pension scheme would bring 3.800 individuals to early retirement and only cost 26.000 DKK per person in 2025, while expanding the government’s proposal would bring 10.500 to early retirement and cost 98.000 DKK per person in 2025. This large difference is due to the fact that only few individuals who join the senior pension come from employment, whereas the opposite is the case for the government’s early retirement scheme.

 

Gigtforeningen

Make the Sustainable Development Goals to Our Goals

We have transformed the Sustainable Development Goals to Our Goals, so we can track Denmark’s trajectory towards a better future.

 

In 2015, the 17 Sustainable Development Goals were established to ultimately create a better world by 2030. To reach a less poor, more peaceful and sustainable world, concrete action is needed. The 2030-Panel, along with Statistics Denmark, have initiated the project Our Goals to determine the supplementary Danish indicators for the Global Goals to keep Denmark accountable. This is achieved by gathering input on how we measure progress, and ultimately how to reach our goals. Kraka Advisory have aided in this process, and 6.000 inputs have now become 197 Danish goals for a more sustainable society. Furthermore, we have developed relevant indicators and benchmarks for how far Denmark and Danish firms are currently, and thereby what we still need to finally reach our goals. Thus, Danish politicians and firms have the right premises to make informed decisions and take concrete action.

 

Danmarks Statistik og 2030-Panelet

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