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The Effect of Pensions on Longevity: Evidence from Union Army Veterans

Salm, Martin - Institute for the Study of Labor (IZA) - 2007

of pensions on longevity, and to examine potential pathways underlying such a relationship. We examine the effects of the … pension laws of 1907 and 1912, which granted old-age pensions to Union Army veterans. Life expectancy for veterans, who … received such a pension, increased by 0.5 years and 2.7 years, respectively. The effect of veteran pensions on longevity was …

Persistent link: https://www.econbiz.de/10005566345

A Constitutional Theory of the Family

Cigno, Alessandro - Institute for the Study of Labor (IZA) - 2005

effects of public pensions and credit rationing. These implications are not much affected by whether altruism is assumed or …

Persistent link: https://www.econbiz.de/10005762141

The Recent Evolution of Retirement Patterns in Canada

Lefebvre, Pierre; Merrigan, Philip; Michaud, Pierre-Carl - Institute for the Study of Labor (IZA) - 2011

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

Shifting Perspectives in Pensions

Góra, Marek; Palmer, Edward - Institute for the Study of Labor (IZA) - 2004

This paper addresses the questions of what is an economically efficient pension system, what are the externalities and what are the risks of the four alternative pension systems: financial defined contribution (FDC), notional or non-financial defined contribution (NDC), financial defined benefit...

Persistent link: https://www.econbiz.de/10005703380

Pension Plan Characteristics and Framing Effects in Employee Savings Behavior

Card, David E.; Ransom, Michael R. - Institute for the Study of Labor (IZA) - 2007

. Pensions in many post-secondary institutions are funded by a combination of an employer contribution and a mandatory employee …

Persistent link: https://www.econbiz.de/10005703794

Pension Design with a Large Informal Labor Market: Evidence from Chile

Joubert, Clement - Institute for the Study of Labor (IZA) - 2014

This paper investigates empirically the fiscal and welfare trade-offs involved in designing a pension system when workers can avoid participation by working informally. A dynamic behavioral model captures a household's labor supply, formal/informal sector choice and saving decisions under the...

Persistent link: https://www.econbiz.de/10010779439

Aging and Pensions in General Equilibrium: Labor Market Imperfections Matter

de la Croix, David; Pierrard, Olivier; Sneessens, Henri R. - Institute for the Study of Labor (IZA) - 2010

This paper re-examines the effects of population aging and pension reforms in an OLG model with labor market frictions. The most important feature brought about by labor market frictions is the connection between the interest rate and the unemployment rate. Exogenous shocks (such as aging)...

Persistent link: https://www.econbiz.de/10008683650

Pensions, Household Saving, and Welfare: A Dynamic Analysis

Blau, David M. - Institute for the Study of Labor (IZA) - 2011

Empirical analyses of the effects of public and private pensions on household saving impose strong assumptions in order … household wealth is crowded out by pensions? (2) Can linear regression analysis accurately estimate the magnitude of crowdout … when the assumptions used in the empirical analysis are invalid? (3) How valuable are pensions to households? Simulation …

Persistent link: https://www.econbiz.de/10008871266

Does the Welfare State Make Older Workers Unemployable?

Saint-Paul, Gilles - Institute for the Study of Labor (IZA) - 2009

This paper discusses the specificities of the labor market for older workers. It discusses the implications of those specificities for the effect of labor market institutions on the employability of those workers. It shows that while unemployment benefits indexed backwards and hiring costs are...

Persistent link: https://www.econbiz.de/10008565215

Private Wealth and Planned Early Retirement: A Panel Data Analysis for the Netherlands, 1994-2009

van Ooijen, Raun; Mastrogiacomo, Mauro; Euwals, Rob - Institute for the Study of Labor (IZA) - 2010

We study the causal relation between private wealth and retirement age. We propose two estimation strategies based on expected retirement age. The outcome variable is observed repeatedly over time. We correct first for the unobserved heterogeneity in the disutility of work by using panel data...

Persistent link: https://www.econbiz.de/10008742956