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Policy Change in the Canadian Welfare State: Comparing the Canada Pension Plan and Unemployment Insurance

Béland, Daniel; Myles, John - Department of Economics, McMaster University - 2008

areas: old-age pensions, especially the Canada Pension Plan (CPP), and Employment Insurance (EI) [formerly Unemployment …Focusing on Canada, this paper explores the politics of social policy retrenchment and restructuring in two policy …

Persistent link: https://www.econbiz.de/10005196110

A New Bismarckian Regime? Path Dependence and Possible Regime Shifts in Korea’s Evolving Pension System

Hering, Martin - Department of Economics, McMaster University - 2009

This paper sheds light on the current state and the likely future development of Korea’s evolving pension system by analyzing it from a comparative perspective. It shows that, because of its many institutional layers, the Korean pension system could evolve into one of several different types...

Persistent link: https://www.econbiz.de/10008542638

Welfare Restructuring without Partisan Cooperation: The Role of Party Collusion in Blame Avoidance

Hering, Martin - Department of Economics, McMaster University - 2005

This article argues that welfare state restructuring, which is highly unpopular among voters, is politically feasible if government and opposition parties collude informally with each other. Contrary to key arguments made in the literature, restructuring does not require the formation of a...

Persistent link: https://www.econbiz.de/10005404443

Grand Coalitions for Unpopular Reforms: Building a Cross-Party Consensus to Raise the Retirement Age

Hering, Martin - Department of Economics, McMaster University - 2008

This article argues that an increase of the retirement age from 65 years to 67 or higher, which is the most unpopular pension reform measure, is politically feasible if the major parties build either a formal or an informal grand coalition. It argues further that institutional rules and agreed...

Persistent link: https://www.econbiz.de/10005635207

The Politics of Social Policy Reform in the United States: The Clinton and the W. Bush Presidencies Reconsidered

Béland, Daniel; Waddan, Alex - Department of Economics, McMaster University - 2008

The purpose of this paper is to examine what key reform attempts during the Bill Clinton and George W. Bush presidencies reveal about the wider possibilities for social policy change in the United States. Most particularly, why were Presidents Clinton and Bush able to achieve their goals in some...

Persistent link: https://www.econbiz.de/10005763259

Pension Provision and Retirement Saving: Lessons from the United Kingdom

Disney, Richard; Emmerson, Carl; Wakefield, Matthew - Department of Economics, McMaster University - 2007

We describe the trajectory of pension reform in the United Kingdom, which has focussed on keeping the cost of public pension programmes down during a period of steady population ageing whilst attempting to maintain an adequate minimum level of income security for low income households in...

Persistent link: https://www.econbiz.de/10005763302

Pension Reform and Financial Investment in the United States and Canada

Beland, Daniel - Department of Economics, McMaster University - 2004

This paper explores the meshing of pension politics and financial investment in Canada and the U.S. during the 1990s … legacies in the debate over the reform of earnings-related pension schemes (Canada/Quebec Pension Plan and Social Security). In … Canada, the existence of a public investment board in the province of Quebec facilitated the advent of state financial …

Persistent link: https://www.econbiz.de/10005763311

Retirement Saving in Australia

Barrett, Garry; Tseng, Yi-Ping - Department of Economics, McMaster University - 2007

Australia’s retirement income system has several distinctive features – most notably a policy of government mandated private saving and a means-tested Age Pension – which have gained increasing international attention. This paper provides an overview of the institutional features of the...

Persistent link: https://www.econbiz.de/10005763320

2 1/2 Proposals to Save Social Security

Fretz, Deborah; Veall, Michael - Department of Economics, McMaster University - 2000

This is a review article of three books that deal with the problems facing the U.S. Social Security system. One deals with the OASDI (Old-Age, Survivors and Disability Insurance) financial shortfall and proposes an alternative plan with both a tier one benefit and a tier two provision based on...

Persistent link: https://www.econbiz.de/10005763331

Understanding the Economic Consequences of Shifting Trends in Population Health

Michaud, P.-C.; Goldman, D.; Lakdawalla, D.; Zheng, Y.; … - Department of Economics, McMaster University - 2009

The public economic burden of shifting trends in population health remains uncertain. Sustained increases in obesity, diabetes, and other diseases could reduce life expectancy – with a concomitant decrease in the public-sector’s annuity burden – but these savings may be offset by worsening...

Persistent link: https://www.econbiz.de/10005042140