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Social security and the interactions between aggregate and idiosyncratic risk
Harenberg, Daniel; Ludwig, Alexander - 2014 - This version: March 20, 2014
We ask whether a PAYG-financed social security system is welfare improving in an economy with idiosyncratic and aggregate risk. We argue that interactions between the two risks are important for this question. One is a direct interaction in the form of a countercyclical variance of idiosyncratic...
Persistent link: https://www.econbiz.de/10010359333
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Social security and the interactions between aggregate and idiosyncratic risk
Harenberg, Daniel; Ludwig, Alexander - 2014 - This Version: July 9, 2014
We ask whether a PAYG-financed social security system is welfare improving in an economy with idiosyncratic and aggregate risk. We argue that interactions between the two risks are important for this question. One is a direct interaction in the form of a countercyclical variance of idiosyncratic...
Persistent link: https://www.econbiz.de/10010374428
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Estimating the impact of immigrants on the host country social security system when return migration is an endogenous choice
Kirdar, Murat G. - 2010
In this paper, I estimate the fiscal impact of immigrants on the German pension insurance (PI) and unemployment insurance (UI) systems when return migration is an endogenous choice. For this purpose, I develop a dynamic stochastic model of joint return migration and saving decisions that...
Persistent link: https://www.econbiz.de/10003959164
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Social Security and Gender in Uruguay : An Analysis of the Differences in Pension Access (Seguridad Social y Género en Uruguay: Un Análisis de las Diferencias de Acceso a la Jubila...
Bucheli, Marisa - 2014
In Uruguay, the pension programs cover over 90% of the elderly. Men are more likely to be eligible for the contributory …
Persistent link: https://www.econbiz.de/10013069730
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What Incentives to Retirement Does Social Security Provide? The Uruguayan Case (Qué Incentivos al Retiro Genera la Seguridad Social? El Caso Uruguayo) (Spanish)
Alvarez, Ignacio - 2010
The activity rate of mature men has increased in Uruguay in recent decades. This trend is remarkably different from … implicit in the main social security program of Uruguay. We find that mature men tend to experience significant social security … wealth losses if they postpone retirement. These losses tend to represent a greater share of workers wages in Uruguay than in …
Persistent link: https://www.econbiz.de/10013142130
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Uruguayan Workers Retirement and Social Security (El Retiro de los Trabajadores Uruguayos y la Seguridad Social)
da Silva, Natalia - 2010
We analyze recent trends of the activity rates and retirement of Uruguayan old age workers. We find that in Uruguay …. On the contrary, in recent decades the activity rate of old age men has been growing in Uruguay. In the case of women …
Persistent link: https://www.econbiz.de/10013142198
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Social Security, Unemployment, and Growth
Bräuninger, Michael - 2004
The paper develops an overlapping generations model that highlights interactions between social security, unemployment and growth. The social security system has two components: old age pensions and unemployment insurance. Pensions have a direct effect on economic growth. Both pensions and...
Persistent link: https://www.econbiz.de/10014072758
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Social Security : Unemployment and Immigration
Copeland, Craig - 2002
This article investigates the impact of increases and decreases in the level of net immigration in the United States as well as the effect of changes in the unemployment rate on the financial status of the Social Security program. After presenting the historical values of these important...
Persistent link: https://www.econbiz.de/10014116744
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Old-age financial protection in Malaysia : challenges and options
Holzmann, Robert - 2015
This policy paper presents key findings and suggestions on Malaysia's old-age financial protection system within the context of the country's broader social security framework. The trademark policy approach focusing on job creation instead of expanding social security programs served the country...
Persistent link: https://www.econbiz.de/10010463340
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Social security, labor supply and health of older workers: quasi-experimental evidence from a large reform
Saporta-Eksten, Itay; Shurtz, Ity; Weisburd, Sarit - 2020
We study the effects of public pension systems on the retirement timing of older workers and, in turn, the health consequences of delaying retirement by those workers. Causal inference relies on a social security reform in Israel that shifted payments from husbands to their (non-working) wives,...
Persistent link: https://www.econbiz.de/10012222199