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Old Europe ages : Reforms and Reform Backlashes

Boersch-Supan, Axel H. - 2010

This paper focuses on three large Continental European countries: France, Germany, and Italy. These countries have …

Persistent link: https://www.econbiz.de/10012462881

Imperfect Knowledge of Pension Plan Type

Gustman, Alan L. - 2007

This paper investigates the reasons for discrepancies between the pension plan type reported by respondents to the Health and Retirement Study (HRS) and pension plan type obtained from documents produced by their employers, called Summary Plan Descriptions (SPDs). The analysis suggests the...

Persistent link: https://www.econbiz.de/10012465271

Demographic Change, Relative Factor Prices, International Capital Flows, and Their Differential Effects on the Welfare of Generations

Ludwig, Alexander - 2007

Demographic change has differential impacts on the welfare of current and future generations. In a simple closed economy, aging -- a relative scarcity of young workers -- increases wages, increasing the welfare of the young. At the same time, population aging will reduce rates of return to...

Persistent link: https://www.econbiz.de/10012465469

Distributional Effects of Means Testing Social Security : Income Versus Wealth

Gustman, Alan - 2016

About 14.5 percent of retirees in this age group are both in the top quarter of income recipients and in the top quarter of wealth holders. Another 10.5 percent are top quarter income recipients, but not top quarter wealth holders; with an additional 10.5 percent top quarter wealth holders, but...

Persistent link: https://www.econbiz.de/10012456253

Distributional Effects of Means Testing Social Security : An Exploratory Analysis

Gustman, Alan - 2014

This paper examines the distributional implications of introducing additional means testing of Social Security benefits where proceeds are used to help balance Social Security's finances. Benefits of the top quarter of households ranked according to the relevant measure of means are reduced...

Persistent link: https://www.econbiz.de/10012458119

The Social Security Windfall Elimination and Government Pension Offset Provisions for Public Employees in the Health and Retirement Study

Gustman, Alan L. - 2013

Among our findings: About 3.5 percent of households are subject to either WEP or to GPO. The present value of their Social Security benefits is reduced by roughly one fifth. This amounts to five to six percent of the total wealth they accumulate before retirement. Households affected by both WEP...

Persistent link: https://www.econbiz.de/10012458939

Mismeasurement of Pensions Before and After Retirement : The Mystery of the Disappearing Pensions with Implications for the Importance of Social Security as a Source of Retirement...

Gustman, Alan L. - 2012

A number of factors cause the contribution of pensions to be understated in retirement income data, especially data from the CPS. One factor is a difference in methodology between surveys affecting what is included in pension income, especially in the CPS, which ignores irregular payments from...

Persistent link: https://www.econbiz.de/10012460118

The Effects of Changes in Women's Labor Market Attachment on Redistribution Under the Social Security Benefit Formula

Gustman, Alan L. - 2011

As expected, women enjoyed a more rapid growth of labor force participation, hours of work and covered earnings than … remains between the labor market activities and earnings of women versus men. As a result, the Social Security system remains … husbands to their own lower earning wives. In addition, spouse and survivor benefits accrue disproportionately to women from …

Persistent link: https://www.econbiz.de/10012461219