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THE SPANISH PENSION SYSTEM: ISSUES OF INTRODUCING NOTIONAL DEFINED CONTRIBUTION ACCOUNTS

VIDAL-MELIÁ, CARLOS; DOMÍNGUEZ-FABIAN, INMACULADA - EconWPA - 2005

There are two aims to this paper: firstly, to provide an objective technical assessment of the current situation of the contributory pension system in Spain and its prospects for the future, and secondly, to look at the issues surrounding the introduction of a system of notional defined...

Persistent link: https://www.econbiz.de/10005560969

Skriptum: Europäisches und internationales Sozialrecht. Europäische und internationale Sozialpoltik

TAUSCH, Arno - EconWPA - 2005

LISTE EINIGER WICHTIGER ABKÜRZUNGEN 4 ZUM GELEIT 6 EINFÜHRUNG UND PROBLEMAUFRISS - INTERNATIONALE SOZIALPOLITIK BEDEUTET FÖRDERUNG DER KONVERGENZ DER LEBENSBEDINGUNGEN 7 TEIL A: SOZIALRECHT UND SOZIALPOLITIK DER EU 14 1) ENTWICKLUNGSLINIEN UND GRUNDPRINZIPIEN DER EUROPÄISCHEN SOZIALPOLITIK...

Persistent link: https://www.econbiz.de/10005556821

DEMAND FOR LIFE ANNUITIES FROM MARRIED COUPLES WITH A BEQUEST MOTIVE

VIDAL-MELIA, CARLOS; LEJÁRRAGA-GARCÍA, ANA - EconWPA - 2004

This paper will try to explain the “annuities puzzle” in greater depth by introducing the bequest motive, both strategic and altruistic. It will try to determine whether this motive really is a relevant feature influencing the demand for lifetime annuities by married couples. With this aim...

Persistent link: https://www.econbiz.de/10005560987

THE BEQUEST MOTIVE AND SINGLE PEOPLE’S DEMAND FOR LIFE ANNUITIES

VIDAL-MELIA, CARLOS; LEJÁRRAGA-GARCÍA, ANA - EconWPA - 2004

The main objective of this paper is to go deeper into the “annuity puzzle” by introducing the altruistic and strategic bequest motive and determining whether this really is a relevant factor affecting the theoretical decision to purchase life annuities. With this end in view we develop an...

Persistent link: https://www.econbiz.de/10005125995

Mortality Change, the Uncertainty Effect, and Retirement

Kalemli-Ozcan, Sebnem; Weil, David - EconWPA - 2002

We examine the role of changing mortality in explaining the rise of retirement over the course of the 20th century. We … of death. In an environment in which mortality is high, an individual who saved up for retirement would face a high risk …. As mortality falls, however, it becomes optimal to plan, and save for, retirement. We simulate our model using actual …

Persistent link: https://www.econbiz.de/10005126354

Match Rates and Savings: Evidence from Individual Development Accounts

Schreiner, Mark - EconWPA - 2001

How do people respond to matched-savings incentives? Studies of 401(k) plans find that matching increases participation but that higher match rates do not increase--and may decrease--the level of savings. This paper analyzes saving by low-income people in Individual Development Accounts (IDAs),...

Persistent link: https://www.econbiz.de/10005134986

Do Pensions Impede Phased Retirement?

Even, William; Macpherson, David - EconWPA - 2004

Many workers reveal a preference for a gradual reduction in work hours as they approach retirement (“phased retirement …”), rather than a sudden change from full-time work to full-time retirement. Pension regulations may impede phased retirement … without a switch of employers by prohibiting access to pension assets. This study uses Health and Retirement Survey data to …

Persistent link: https://www.econbiz.de/10005408351

Retirement Decisions of Older Czech Male Workers

Galuscak, Kamil - EconWPA - 2002

I analyze the effects associated with the introduction of the earnings test on older Czech males' labor supply in 1996. Using data from the Labor Force Survey, I apply a difference-in-differences estimator to measure the effect of the policy change in the Czech pension scheme using a sample of...

Persistent link: https://www.econbiz.de/10005076532

Agricultural Protection in Developing Countries

Fulginiti, Lilyan E.; Shogren, Jason F. - EconWPA - 2005

The present paper explores why farmers are taxed in poor countries and subsidized in rich countries. Using the economic theory of contests to come to an understanding of the incentives for agricultural protectionism, we first sketch a framework for an excludable and rivalrous rent. We then apply...

Persistent link: https://www.econbiz.de/10005556144

The Birth, Adjustment and Death of States

Hausken, Kjell; Knutsen, John F. - EconWPA - 2002

The article proposes Erection, Adjustment, and Death mechanisms for governmental units, giving autonomy to each citizen as in a direct democracy. Rather than focusing on a narrow model with restrictive and specialized assumptions, and subsequent solutions, as has been common in the literature,...

Persistent link: https://www.econbiz.de/10005125937