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Government Cash Transfers, Household Consumption, And Poverty Alleviation - The Case Of Russia

Richter, Kaspar - C.E.P.R. Discussion Papers - 2000

The paper develops a new approach to measuring the impact of government cash transfers on poverty alleviation that … of changes in government cash benefits on poverty rates in Russia during 1994 to 1998. The methodological contribution is … changes in the expenditure distribution excluding cash transfers on movements in poverty rates. At least 30% of the rise in …

Persistent link: https://www.econbiz.de/10005124403

Ageing Gracefully? A Bootstrap Analysis of Poverty Among Pensioners Using Evidence from the PACO Databases

Heinrich, Georges - C.E.P.R. Discussion Papers - 1998

of incomes of future generations. The purpose of this paper is two-fold. From a policy point of view, we analyse poverty … was expensive but that it provided effective - albeit not efficient - poverty relief. From a methodological point of view …, we demonstrate the usefulness of bootstrapping techniques for statistical inference for poverty and inequality measures …

Persistent link: https://www.econbiz.de/10005791337

Personal Pensions with Risk sharing: Affordable, Adequate and Stable Private Pensions in Europe

Bovenberg, A Lans; Nijman, Theo E - C.E.P.R. Discussion Papers - 2015

Private pension provision faces the challenging task of providing stable income streams during retirement. The challenge has increased markedly in the last decades due to volatile financial markets, falling interest rates and the withdrawal of employers and external insurers as risk bearers of...

Persistent link: https://www.econbiz.de/10011252616

Retirement of Spouses and Social Security Reform

Falkinger, Josef; Winter-Ebmer, Rudolf; Zweimüller, Josef - C.E.P.R. Discussion Papers - 1994

The retirement decisions of spouses may be interdependent for various reasons: similarity of tastes, joint assets, sharing rules for income and housework, or complementarity of leisure. Because of data limitations, only a few empirical studies exist on this topic. From a policy point of view...

Persistent link: https://www.econbiz.de/10005123559

Endogenous Fertility Policy

Booth, Alison L; Sepulveda, Facundo - C.E.P.R. Discussion Papers - 2004

In this Paper, we study the role of subsidies to fertility in ensuring the political viability of unfunded social security (SS). In our model, agents are heterogeneous in age and income. Young generations confront promises made previously by older generations, and in turn choose current levels...

Persistent link: https://www.econbiz.de/10005123867

Funded and Unfunded Pensions: Risk, Return and Welfare

Miles, David K - C.E.P.R. Discussion Papers - 2000

This paper uses stochastic simulations on calibrated models to assess the optimal degree of reliance on funded pensions and on a particular type of unfunded (PAYG) pension. Surprisingly little is known about the optimal split between funded and unfunded systems when there are sources of...

Persistent link: https://www.econbiz.de/10005067559

Time Inconsistent Preferences and the Annuitization Decision

Schreiber, Philipp; Weber, Martin - C.E.P.R. Discussion Papers - 2015

When entering retirement most people face the decision whether they would like their defined contribution account balance paid as a lump sum or to annuitize the amount. The fact that people tend to choose the lump sum even if economic reasons suggest not to is called the annuity puzzle. In a...

Persistent link: https://www.econbiz.de/10011165648

Social Security and Migration in an Ageing Europe

von Hagen, Jürgen; Walz, Uwe - C.E.P.R. Discussion Papers - 1994

The European ageing process will lead to a dramatic rise in dependency ratios over the next decades. At the same time labour mobility will increase as a result of greater European economic integration. We analyse the implications of migration and ageing for European social security systems. With...

Persistent link: https://www.econbiz.de/10005791913

Risk Return and Portfolio Allocation under Alternative Pension Systems with Imperfect Financial Markets

Cerny, Ales; Miles, David K - C.E.P.R. Discussion Papers - 2001

This Paper uses stochastic simulations on calibrated models to assess the steady state impact of different pension arrangements in an environment where financial markets are less than perfect. Surprisingly little is known about the optimal split between funded and unfunded systems when there are...

Persistent link: https://www.econbiz.de/10005792047

Migration-Regime Liberalization and Social Security: Political-Economy Effect

Razin, Assaf; Sand, Edith - C.E.P.R. Discussion Papers - 2009

immigration regime. A Markov equilibrium with social security consists of a more liberal migration policy, than a corresponding …

Persistent link: https://www.econbiz.de/10005036245

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