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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
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
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
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
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
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
We examine how much of the observed wage dispersion among similar workers can be explained as a consequence of a lack of coordination among employers. To do this, we construct a directed search model with homogenous workers but where firms can create either good or bad jobs, aimed at either...
Persistent link: https://www.econbiz.de/10005126186
GOOD HEALTH IS A CRUCIAL PART OF WELL-BEING BUT SPENDING ON HEALTH CAN BE JUSTIFIED ON ECONOMIC GROUNDS. THE GOAL OF … REDUCING POVERTY PROVIDES A DIFFERENT BUT EQUALLY POWERFUL CASE FOR HEALTH INVESTMENTS. HOWEVER, IF POLICYMAKERS ARE TO … ACCELERATE THE SUBSTANTIAL HEALTH GAINS OF RECENT DECADES, ESPECIALLY FOR THE POOR IN AFRICAN COUNTRIES SUCH AS NIGERIA, THE …
Persistent link: https://www.econbiz.de/10005408428
Good health is a crucial part of well-being but spending on health can be justified on economic grounds. The goal of … reducing poverty provides a different but equally powerful case for health investments. However, if policymakers are to … accelerate the substantial health gains of recent decades, especially for the poor in African countries such as Nigeria, the …
Persistent link: https://www.econbiz.de/10005556956
would be needed in key human service areas, such as health and aged care, where the pressures of an ageing population will …
Persistent link: https://www.econbiz.de/10005556842