Showing 1 - 10 of 20
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
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
This paper discusses the specificities of the labor market for older workers. It discusses the implications of those specificities for the effect of labor market institutions on the employability of those workers. It shows that while unemployment benefits indexed backwards and hiring costs are...
Persistent link: https://www.econbiz.de/10008506842
The retirement decisions of spouses may be interdependent for various reasons: similarity of tastes, joint assets … studies exist on this topic. From a policy point of view interdependent retirement could become important if legislators in … different EC countries are forced to synchronize minimum retirement ages, which are lower now for females than males in a number …
Persistent link: https://www.econbiz.de/10005123559
This paper studies the design of retirement and disability policies. It illustrates the often observed exit from the … social welfare. Benefits depend on retirement age and on the (reported) health status. We determine first- and second …-best optimal benefit levels and retirement ages and focus on the distortions which may be induced in the individuals’ retirement …
Persistent link: https://www.econbiz.de/10005123923