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Hairault, Jean-Olivier; Langot, François; Zylberberg, Andre - Institute for the Study of Labor (IZA) - 2012

As a preliminary step, we first provide some new empirical evidence that labor market conditions affect retirement … propose an equilibrium unemployment approach to retirement decisions that allows us to unveil the factors which explain why …: the retirement decision of unemployed workers depends on the labor-market frictions whereas that of employed workers does …

Persistent link: https://www.econbiz.de/10011279299

Should Old-Age Benefits Be Earnings-Tested?

Määttänen, Niku; Poutvaara, Panu - Institute for the Study of Labor (IZA) - 2007

We study the welfare effects of earnings testing flat-rate old-age benefits in a quantitative overlapping generations model with idiosyncratic labor income risk. In our model economy, even a moderate earnings testing reduces individuals’ expected lifetime utility, whenever other taxes are...

Persistent link: https://www.econbiz.de/10005763479

Income Inequality, Mobility, and the Welfare State: A Political Economy Model

Bossi, Luca; Gumus, Gulcin - Institute for the Study of Labor (IZA) - 2011

In this paper, we set up a three-period stochastic overlapping generations model to analyze the implications of income inequality and mobility for demand for redistribution and social insurance. We model the size of two different public programs under the welfare state. We investigate...

Persistent link: https://www.econbiz.de/10009246698

The Farm, the City, and the Emergence of Social Security

Caucutt, Elizabeth M.; Cooley, Thomas F.; Guner, Nezih - Institute for the Study of Labor (IZA) - 2008

In this paper we study the social, demographic and economic origins of social security. The data for the U.S. and for a cross section of countries make it clear that urbanization and industrialization are strongly associated with the rise of social insurance. We describe a model economy in which...

Persistent link: https://www.econbiz.de/10005822856

On the Political Economy of Social Security and Public Education

Poutvaara, Panu - Institute for the Study of Labor (IZA) - 2004

This paper analyzes simultaneous voting on the wage tax rate and investment in public education with three overlapping generations and productivity differences inside each cohort. Wage tax revenue finances public education and social security benefits. The presence of productivity differences...

Persistent link: https://www.econbiz.de/10005566694

Assessing Welfare Accounts

Fölster, Stefan; Gidehag, Robert; Orszag, Mike; … - Institute for the Study of Labor (IZA) - 2002

The paper examines the possible effects of introducing a large-scale welfare reform in Sweden, namely, the introduction of comprehensive welfare accounts. Under this policy, individuals make mandatory contributions to accounts, which they can top up with voluntary contributions. In return,...

Persistent link: https://www.econbiz.de/10005233864

Anatomy of Policy Complementarities

Orszag, J. Michael; Snower, Dennis J. - Institute for the Study of Labor (IZA) - 1999

The analysis provides a new explanation for two widespread problems concerning European unemployment policy: the disappointingly small effect of many past reform measures on unemployment, and the political difficulties in implementing more extensive reform programs. We argue that the heart of...

Persistent link: https://www.econbiz.de/10005763705

How Financial Incentives Induce Disability Insurance Recipients to Return to Work

Kostol, Andreas Ravndal; Mogstad, Magne - Institute for the Study of Labor (IZA) - 2012

Disability Insurance (DI) programs have long been criticized by economists for apparent work disincentives. Some countries have recently modified their programs such that DI recipients are allowed to keep some of their benefits if they return to work, and other countries are considering similar...

Persistent link: https://www.econbiz.de/10011085108

Is There a Social Security Tax Wedge?

Cigno, Alessandro - Institute for the Study of Labor (IZA) - 2006

change sign (the wedge may become a premium). In any case, the same pension contribution will discourage labour less if the …

Persistent link: https://www.econbiz.de/10005762174

Does Delay Cause Decay? The Effect of Administrative Decision Time on the Labor Force Participation and Earnings of Disability Applicants

Autor, David; Maestas, Nicole; Mullen, Kathleen; … - Institute for the Study of Labor (IZA) - 2015

This paper measures the causal effect of time out of the labor force on subsequent employment of Social Security Disability Insurance (SSDI) applicants and distinguishes it from the discouragement effect of receiving disability benefits. Using a unique Social Security Administration workload...

Persistent link: https://www.econbiz.de/10011143943

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