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interviews with individuals from a wide range of organisations active in the pensions market for these companies to shed light on … employed. We find that many finance directors are sceptical of the benefits of providing pensions for their employees and … providers are reluctant to promote pensions in companies where they perceive the management to be unsupportive and where there …
Persistent link: https://www.econbiz.de/10010745490
This paper examines the performance of personal pensions (exempt unit trusts) in the UK 1980-2000. Unitised personal …
Persistent link: https://www.econbiz.de/10010745854
While Southern European countries have pursued a series of pension reforms since the early 1990s, significant variation arises across them. Focusing on the concept of political replacement risk (the probability of a government being electorally punished for pursuing a given policy) and the...
Persistent link: https://www.econbiz.de/10010746411
from pensions and absorbed within other working age social security, or the scope of National Insurance could be maintained …
Persistent link: https://www.econbiz.de/10010746629
future development of state pensions, arguing that their combined effect is to restore something like a flat rate state … contribution records. This leaves a choice for the remaining sixth of National Insurance benefits: to separate out state pensions …
Persistent link: https://www.econbiz.de/10011125997
The increases in human longevity in recent decades and the trends for early retirement have posed new challenges for policy makers, and require a holistic understanding of the processes that influence the economic resources of older people. This paper contributes to this knowledge by examining...
Persistent link: https://www.econbiz.de/10011126050
This article outlines the recommendations of the UK Pensions Commission, and the data and analysis on which they were … system. The Commission concluded that without reform, structural problems with UK pensions would lead to increasingly … have now largely been adopted by the UK government, imply eventual increases both in state spending on pensions as a share …
Persistent link: https://www.econbiz.de/10011126324
This paper presents a model of international trade that features heterogeneous firms, relative endowment differences across countries, and consumer taste for variety. The paper demonstrates that firm reactions to trade liberalization generate endogenous Ricardian productivity responses at the...
Persistent link: https://www.econbiz.de/10010884531
This paper estimates a structural model of economic geography using cross-country data on per capita income, bilateral trade, and the relative price of manufacturing goods. More than 70% of the variation in per capita income can be explained by the geography of access to markets and to sources...
Persistent link: https://www.econbiz.de/10010884566
We study the impact of import protection on relationship-specific investments, organizational choice and welfare. We show that a tariff on intermediate inputs can improve social welfare through mitigating hold-up problems. It does so if it discriminates in favor of the investing party, thereby...
Persistent link: https://www.econbiz.de/10010884590