Showing 11 - 20 of 3,994
This paper analyses the importance of financial dis-incentives for workers in Denmark. Based on a panel survey which is merged to a number of administrative registers it is possible to calculate precise measures of the economic incentives for labour force participants between employment in a...
Persistent link: https://www.econbiz.de/10010262478
This paper analyses the importance of financial dis-incentives for workers in Denmark. Based on a panel survey which is merged to a number of administrative registers it is possible to calculate precise measures of the economic incentives for labour force participants between employment in a...
Persistent link: https://www.econbiz.de/10011401025
We study the impact of a fully-funded social security system in an economy with heterogeneous consumers. The unobservability of individual health conditions leads to adverse selection in the private annuity market. Introducing social security - which is immune to adverse selection - affects...
Persistent link: https://www.econbiz.de/10011761551
Persistent link: https://www.econbiz.de/10010351587
activation on reservation wages (RWs). We show that RWs react to activation: the transition from gainful employment to …
Persistent link: https://www.econbiz.de/10014318803
Over the past two decades, many Latin American countries have expanded the economic protection of older adults by developing non-contributory pensions or making eligibility rules more flexible. These policies have addressed long-standing coverage gaps in Latin American pension systems and...
Persistent link: https://www.econbiz.de/10011599341
This study contributes to the discussion about a fair and balanced pension system with a collectively funded pension scheme or social security and a defined contribution pillar. With an invigorated risk approach using financial option positions, it considers the variance of socioeconomic...
Persistent link: https://www.econbiz.de/10015065851
The provision of a universal old age pension is increasingly recognized as an important instrument for strengthening and extending social protection. A growing number of emerging economies, including East African countries, are introducing universal old age pensions to guarantee at least a basic...
Persistent link: https://www.econbiz.de/10012233713
The strong and increasing positive correlation between lifetime income and life expectancy (the longevity gap) has recently been widely studied. In this paper we employ the simplest, minimal model to demonstrate the impact of this long-neglected fact on the various types of public pension...
Persistent link: https://www.econbiz.de/10012601797
This study introduces multiplayer game in the modern pension market. Particularly, this study claims that low earners and high earners have different interests when playing in funded pension market scheme. This differentiating is enabled by avoiding the entire society as a single earning cohort....
Persistent link: https://www.econbiz.de/10012795260