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Generational Accounting, Solidarity and Pension Losses
Teulings, Coen N.; Vries, Casper G. de - Institute for the Study of Labor (IZA) - 2003
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
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Full Employment: A Distant Dream for Europe
Gill, Indermit; Koettl, Johannes; Packard, Truman - Institute for the Study of Labor (IZA) - 2013
Today, Europe is a continent of low participation, low employment labor markets. Many observers would like to blame … America, Oceania, and East Asia. This has led to low labor force participation and high unemployment, especially among young … unnecessary evil. Restructuring unemployment and pension benefits will help to increase participation and reverse the decline of …
Persistent link: https://www.econbiz.de/10010884372
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Job Satisfaction and Self-Selection into the Public or Private Sector: Evidence from a Natural Experiment
Danzer, Natalia - Institute for the Study of Labor (IZA) - 2013
Are public sector jobs better than private sector jobs? To answer this question, this paper investigates observed differences in job satisfaction between public- and private-sector workers and disentangles the effect of worker sorting from the one caused by sector-specific job characteristics. A...
Persistent link: https://www.econbiz.de/10010884142
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Emigration and the Age Profile of Retirement among Immigrants
Cobb-Clark, Deborah; Stillman, Steven - Institute for the Study of Labor (IZA) - 2008
This paper analyzes the relationship between immigrants' retirement status and the prevalence of return migration from the host country to their country of origin. We develop a simple theoretical model to illustrate that under reasonable conditions the probability of return migration is...
Persistent link: https://www.econbiz.de/10005822022
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Shattered Dreams: The Effects of Changing the Pension System Late in the Game
de Grip, Andries; Lindeboom, Maarten; Montizaan, Raymond - Institute for the Study of Labor (IZA) - 2009
This paper assesses the impact of a dramatic reform of the Dutch pension system on mental health, savings behavior and retirement expectations of workers nearing retirement age. The reform means that public sector workers born on January 1, 1950 or later face a substantial reduction in their...
Persistent link: https://www.econbiz.de/10005070418
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Macedonia’s Accession to the EU and the Labor Market: What Can Be Learned from the New Member States?
Lehmann, Hartmut - Institute for the Study of Labor (IZA) - 2010
The paper was produced as a background paper on labor issues for the UNDP study "Convergence to the European Union: Challenges and Opportunities." It first looks at the issue of how the labor market institutions of an acceding country like Macedonia should be shaped to further the integration of...
Persistent link: https://www.econbiz.de/10008583489
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Automatic Enrollment, Employer Match Rates and Employee Compensation in 401(k) Plans
Butrica, Barbara A.; Karamcheva, Nadia S - Institute for the Study of Labor (IZA) - 2015
relationship between automatic enrollment and employee compensation. By boosting plan participation, automatic enrollment has the …
Persistent link: https://www.econbiz.de/10011268882
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Do Pensions Impede Phased Retirement?
Even, William E.; Macpherson, David A. - Institute for the Study of Labor (IZA) - 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...
Persistent link: https://www.econbiz.de/10005566418
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Active Labor Market Policy Effects for Women in Europe: A Survey
Bergemann, Annette; Berg, Gerard J. van den - Institute for the Study of Labor (IZA) - 2006
relate the results to the relevant level of female labor force participation. …
Persistent link: https://www.econbiz.de/10005703577
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Calculating Confidence Intervals for Continuous and Discontinuous Functions of Estimated Parameters
Ham, John C.; Woutersen, Tiemen - Institute for the Study of Labor (IZA) - 2011
The delta method is commonly used to calculate confidence intervals of functions of estimated parameters that are differentiable with non-zero, bounded derivatives. When the delta method is inappropriate, researchers usually first use a bootstrap procedure where they i) repeatedly take a draw...
Persistent link: https://www.econbiz.de/10009151016