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The German Labour Market: Preparing for the Future
Hüfner, Felix; Klein, Caroline - Economics Department, Organisation de Coopération et … - 2012
The strength of the German labour market response to the financial crisis of 2008-09 demonstrated the benefits of past labour market reforms, which raised work incentives, improved job matching and increased working hour flexibility. Going forward, the government should build on this success and...
Persistent link: https://www.econbiz.de/10011276953
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Labour Market Reform in Germany: How to Improve Effectiveness
Wurzel, Eckhard - Economics Department, Organisation de Coopération et … - 2006
High levels of unemployment and rising social charges have lead to considerable pressure on labour markets to adjust … significant disincentives for labour supply of older people and spouses, which should be eliminated. Unemployment related benefits … qualifications and regions to fight unemployment. Regulatory conditions in other parts of the economy interact in important ways with …
Persistent link: https://www.econbiz.de/10005045708
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The Jobs Challenge in Poland : Policies to Raise Employment
Burns, Andrew - 2004
With almost 50 per cent of the working age population not working, improving labour market performance represents an essential and daunting challenge for Poland. While some of today’s joblessness is cyclical in nature, most of it appears to be structural. This paper argues that to increase...
Persistent link: https://www.econbiz.de/10012445638
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Policy Options for the Payout Phase
Antolín, Pablo - Directorate for Financial, Fiscal and Enterprises … - 2008
This paper assesses how countries‘ pension arrangements and regulation shape the appropriate structure and flexibility of retirement payout options. The paper aims at providing a guide to policy makers on how to address the diverse questions posed when designing the payout phase or promoting...
Persistent link: https://www.econbiz.de/10004962916
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Investment Regulations and Defined Contribution Pensions
Antolín, Pablo; Blome, Sandra; Karim, David; Payet, … - Directorate for Financial, Fiscal and Enterprises … - 2009
This paper assesses the impact of different quantitative approaches to regulate investment risk on the retirement income stemming from defined contribution (DC) pension plans. It looks at how such regulations affect the spectrum of investment policies available and, through this channel, how...
Persistent link: https://www.econbiz.de/10005005486
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Ageing and the Payout Phase of Pensions, Annuities and Financial Markets
Antolín, Pablo - Directorate for Financial, Fiscal and Enterprises … - 2008
This paper reviews the impact of ageing on private pensions, in particular on the payout phase, assesses the part that annuities can play in financing retirement, and examines the role of financial markets in facilitating the allocation on assets accumulated in defined contribution pension...
Persistent link: https://www.econbiz.de/10005011983
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Assessing Default Investment Strategies in Defined Contribution Pension Plans
Antolín, Pablo; Payet, Stéphanie; Yermo, Juan - Directorate for Financial, Fiscal and Enterprises … - 2010
This paper assesses the relative performance of different investment strategies for different structures of the payout phase. In particular, it looks at whether the specific glide-path of life-cycle investment strategies and the introduction of dynamic features in the design of default...
Persistent link: https://www.econbiz.de/10008568056
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Labor Supply Responses to Marginal Social Security Benefits: Evidence from Discontinuities
Liebman, Jeffrey B.; Luttmer, Erzo F.P.; Seif, David G. - National Bureau of Economic Research (NBER) - 2008
A key question for Social Security reform is whether workers currently perceive the link on the margin between the Social Security taxes they pay and the Social Security benefits they will receive. We estimate the effects of the marginal Social Security benefits that accrue with additional...
Persistent link: https://www.econbiz.de/10005830656
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Targeted Savings and Labor Supply
Kaplow, Louis - National Bureau of Economic Research (NBER) - 2010
Substantial evidence suggests that savings behavior may depart from neoclassical optimization. This article examines the implications of raising the savings rate - whether through social security, retirement plans, or otherwise - for labor supply, where labor supply is determined by behavioral...
Persistent link: https://www.econbiz.de/10008619308
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Distance to Retirement and Older Workers' Employment: The Case for Delaying the Retirement Age
Hairault, Jean-Olivier; Langot, Francois; Sopraseuth, … - In: Journal of the European Economic Association 8 (2010) 5, pp. 1034-1076
distance effect in interaction with the generosity of unemployment benefits and the depressed demand for older workers explains …
Persistent link: https://www.econbiz.de/10008694975