Showing 1 - 10 of 63
The creeping stock market collapse eroded the wealth of funded pension systems. This led to political tensions between generations due to the fuzzy definition of property rights on the pension funds wealth. We argue that this problem can best be resolved by the introduction of generational...
Persistent link: https://www.econbiz.de/10005761958
This paper studies empirically the consequences of retirement on health. We make use of a targeted retirement offer to army employees 55 years of age or older. Before the offer was implemented in the Swedish defense, the normal retirement age was 60 years of age. Estimating the effect of the...
Persistent link: https://www.econbiz.de/10010884323
This paper investigates the impact of financial incentives on early retirement behaviour for high and low wage earners. Using a stylized life-cycle model, we derive hypotheses on the behaviour of the two types. We use administrative data and employ a linear random effects model to test the...
Persistent link: https://www.econbiz.de/10010959542
identified: old-age pensions, conventional early retirement, disability insurance, and unemployment insurance are the most …
Persistent link: https://www.econbiz.de/10011271992
The paper studies retirement behavior of wage‐earners in Belgium – for the first time using rich survey data to explore retirement incentives as faced by individuals. Specifically, we use SHARE data to estimate a model à la Stock and Wise (1990). Exploring the longitudinal nature of...
Persistent link: https://www.econbiz.de/10011271996
As wives generally are younger than their husbands, and as they also have a higher life expectancy, wives generally have larger incentives to save for old age than their husbands. This paper analyses the household members’ attitudes towards saving for old age, and the relation with the...
Persistent link: https://www.econbiz.de/10005233731
This paper deals with two policy approaches to address the problem of the "pensions time bomb" by influencing private …-sector pension provision. In assessing the role of private-sector pensions, it is common to concentrate exclusively on the issue of … since private-sector pension arrangements have significant implications for governments' finances. When private pensions …
Persistent link: https://www.econbiz.de/10005233847
Since 1990, most pension plans have shifted the responsibility for directing pension assets to the employee. This study summarizes some of the possible explanations for this rapid shift toward participant direction and uses IRS Form 5500 data to investigate the effect of worker and plan...
Persistent link: https://www.econbiz.de/10005015472
health insurance and pensions. Benefit bundling may increase informality and decrease welfare. Indeed, if some of the …
Persistent link: https://www.econbiz.de/10010539169
is likely to be caused by a wider variety of sources, including better health, less pervasive defined benefit pensions … and in general less generous pensions. …
Persistent link: https://www.econbiz.de/10009323408