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of the model. A second section describes the situation of pensioners of successive cohorts : retirement age, distribution …
Persistent link: https://www.econbiz.de/10009001127
Exploring the economic consequences of demographic changes is often carried out within simple accounting frameworks. Such approaches consist of projecting the impact of ageing on social security expenditures under exogenous assumptions about economic growth, productivity, wages and employment....
Persistent link: https://www.econbiz.de/10009003482
This paper analyses the intragenerational distributional impact of the French private sector pension scheme among workers born in the 1950s, using comparisons of the internal rates of return. We focus on the redistributive patterns according to the level of income, but also provide elements on...
Persistent link: https://www.econbiz.de/10009001102
retirement decision (up to now sharply constrained by the strength of incentives to claim SS benefits at the so-called « full … implementing a supply-side modelling of the retirement decision in the microsimulation model Destinie. We simulate the retirement … of reforms that would simultaneously decrease the penalties implied by anticipated retirement and increase the level of …
Persistent link: https://www.econbiz.de/10009001104
The purpose of this paper is to analyze the effect of the irreversibility of the retirement decision on labour supply … after 60. According to the theory, when the retirement decision is an absorbing state, people tend to remain longer on the … actuarially fair, the irreversibility of the retirement decision leads to higher participation rates in the first years when …
Persistent link: https://www.econbiz.de/10009001106
Most of the retirement decision models consider retirement as an individual trade-off between consumption and leisure … the spouses retirement decisions : complementarity for leisure (for each individual, the value of leisure could be … dimension in retirement decisions in France. We first simulate the sensitivity of retirement decisions to the complementarity …
Persistent link: https://www.econbiz.de/10009001130
The microsimulation model Destinie developed at INSEE is a privileged tool to assess the effect of pension schemes reforms since it projects the evolution of a representative sample of the French population up to 2040. Up to now, the model was exclusively devoted to the projection of pensions...
Persistent link: https://www.econbiz.de/10009003495
This paper examines various supply and demand side aspects of the French labour market for older workers and puts them in perspective by comparing them to the US case. We first consider the supply side incentives (or disincentives) of basic pension schemes for the two countries : for France, we...
Persistent link: https://www.econbiz.de/10009003507
population of working age and for public finances. Such a moderation cannot be obtained without any hardening of retirement … microsimulation model to project retirement conditions for cohorts 1935-1974 according to this indicator, distinguishing between …
Persistent link: https://www.econbiz.de/10009003519
inequalities among pensioners, up to the cohorts that are going into retirement nowadays. …
Persistent link: https://www.econbiz.de/10010857702