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The 2008 Chilean Reform to First-Pillar Pensions
Valdés-Prieto, Salvador - CESifo - 2009
Chile approved in early 2008 the replacement of her two current non-contributory subsidies for the old poor for a unified program with a pioneering design, with phase-in ending in 2012. This paper describes the political economy of this reform and evaluates it with regards to efficiency and...
Persistent link: https://www.econbiz.de/10005196296
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Inter- and Intra-generational Consequences of Pension Buffer Policy under Demographic, Financial and Economic Shocks
Bucciol, Alessandro; Beetsma, Roel - CESifo - 2009
We study numerically the inter- and intra-generational welfare consequences of alternative pension fund policies in response to unexpected demographic, financial and macro-economic shocks. Our analysis is based on an applied many-generation OLG model describing a small-open economy with...
Persistent link: https://www.econbiz.de/10008534014
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Differentiating Indexation in Dutch Pension Funds
Beetsma, Roel M. W. J.; Bucciol, Alessandro - CESifo - 2010
benefitting from a shift away from uniform indexation. Those welfare shifts result from systematic redistribution of welfare …
Persistent link: https://www.econbiz.de/10008833935
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Risk Sharing in Defined-Contribution Funded Pension Systems
Beetsma, Roel; Bucciol, Alessandro - CESifo - 2011
This paper explores the introduction of collective risk-sharing elements in defined contri-bution pension contracts. We consider status-contingent, age-contingent and asset contingent risk-sharing arrangements. All arrangements raise aggregate welfare, as measured by equiva- lent variations....
Persistent link: https://www.econbiz.de/10009371361
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Optimal Redistributive Pensions and the Cost of Self-Control
St-Amant, Pier-André Bouchard; Garon, Jean-Denis - CESifo - 2014
of a public pension system: the contribution rate and its degree of redistribution. The pension regime affects …
Persistent link: https://www.econbiz.de/10010888451
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The Efficiency and Equity of the Tax and Transfer System in France
Egert, Balazs - CESifo - 2013
so as to achieve the same amount of redistribution at lower cost. The French tax code should be simplified and changed …
Persistent link: https://www.econbiz.de/10010641417
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Preferences for Redistribution and Pensions. What can we Learn from Experiments?
Tausch, Franziska; Potters, Jan; Riedl, Arno - CESifo - 2010
Redistribution is an inevitable feature of collective pension schemes. Nevertheless, it is still an open question what … people’s preferences are regarding this form of redistribution. This paper reviews experimental evidence on preferences … regarding redistribution and asks what this evidence tells us about preferences for redistribution through pension schemes. We …
Persistent link: https://www.econbiz.de/10008498990
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Political Institutions and Income (Re-)Distribution: Evidence from Developed Economies
Feld, Lars P.; Schnellenbach, Jan - CESifo - 2013
. Fiscal competition is associated with less income redistribution and a less equal distribution of disposable incomes, but …
Persistent link: https://www.econbiz.de/10010877914
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On the Policy Implications of Changing Longevity
Pestieau, Pierre; Ponthiere, Grégory - CESifo - 2012
Our societies are witnessing a steady increase in longevity. This demographic evolution is accompanied by some convergence across countries, whereas substantial longevity inequalities persist within nations. The goal of this paper is to survey some crucial implications of changing longevity on...
Persistent link: https://www.econbiz.de/10010693471
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Economic and Politico-Economic Equivalence of Fiscal Policies
Gonzalez-Eiras, Martín; Niepelt, Dirk - CESifo - 2012
We extend “economic equivalence” results, like the Ricardian equivalence proposition, to the political sphere where policy is chosen sequentially. We derive conditions under which a policy regime (summarizing admissible policy choices in every period) and a state are “politico-economically...
Persistent link: https://www.econbiz.de/10009645636