Showing 1 - 10 of 38
lengthen retirement age and/or cut pension benefits. After controlling for individual features of the respondent, we find that …
Persistent link: https://www.econbiz.de/10005662128
Using a calibrated OLG model with several sources of uncertainty we find that the impact of ageing and of reform of social security upon the demand for housing and the level of owner occupation is substantial. The overall structure of household asset holdings – in particular the split between...
Persistent link: https://www.econbiz.de/10005662297
We estimate the effect of pension reforms on households’ expectations of retirement outcomes and private wealth … pension benefits to pre-retirement income. The Survey of Household Income and Wealth, a large random sample of the Italian … of social security arrangements on expectations of retirement outcomes and household saving decisions. Our main findings …
Persistent link: https://www.econbiz.de/10005666687
elicits expectations of retirement outcomes, thus allowing us to measure the expected social security wealth and to assess to …
Persistent link: https://www.econbiz.de/10004973973
We study the effect of a declining labor force on the incentives to engage in labor-saving technical change and ask how this effect is influenced by institutional characteristics of the pension scheme. When labor is scarcer it becomes more expensive and innovation investments that increase labor...
Persistent link: https://www.econbiz.de/10005123834
the legal age of retirement in Switzerland, led to differences in approval rates of nearly seven percentage points. Based …
Persistent link: https://www.econbiz.de/10005504768
Non-compliance of firms with tax regulations is a major constraint on state capacity in developing countries. We focus on an arguably under-appreciated dimension of non-compliance: under-reporting of wages by formal firms to evade payroll taxes. We develop a simple partial-equilibrium model of...
Persistent link: https://www.econbiz.de/10011083313
Major events in the life of an elderly individual, such as retirement, a significant decrease in income, death of the …
Persistent link: https://www.econbiz.de/10005666455
This paper examines the viewpoint that the dependency of elderly people in modern Britain has been increased by state action and social change. It argues that ideas of "structured dependency" are based upon theoretical premises which promote a one-sided reading of the evidence. An analysis of...
Persistent link: https://www.econbiz.de/10005666510
The present Paper studies the retirement incentives for elderly people in Belgium. We model the incentive structure … built into the various public early retirement and retirement systems. First, we compute indicators of benefit entitlement … as of the implicit tax rates the elderly workers face in case of delayed retirement. We find strong evidence of social …
Persistent link: https://www.econbiz.de/10005792016