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just those at the point of retirement, this approach can provide additional insights on the efficacy of pension systems in … less progressive, raising adequacy concerns for certain groups. In particular, unless the labour market outcomes of women … individuals above the 60% relative poverty threshold throughout retirement. Our simulations suggest that the gradual negative …
Persistent link: https://www.econbiz.de/10010746065
pension benefits through retirement) calculated using more realistic labour market assumptions. These measures are used to …. The emphasis on assumptions which are very unrepresentative of real-life labour market conditions also makes current …
Persistent link: https://www.econbiz.de/10010746288
trend is that the retirement incomes drawn from the public pension systems are on the decline, the changes are likely to … their working career if they want to avoid greater risks of poverty during retirement. …
Persistent link: https://www.econbiz.de/10011126478
The balance between private and public sectors in welfare activity in the UK has been documented by Burchardt (1997) and Smithies (2005) for three time periods; 1979/1980, 1995/1996 and 1999/2000. The existing evidence suggested that a welfare mix has previously been in existence but that the...
Persistent link: https://www.econbiz.de/10010744869
This paper examines the decline of National Insurance in Britain, as witnessed by its declining share of all social security spending and the steady dilution of the ¿contributory principle¿ on which it was originally based. It argues that this decline is not an accident: under governments of...
Persistent link: https://www.econbiz.de/10011125997
of national income and in State Pension Age, but accompanied by measures to facilitate later and more flexible retirement. …
Persistent link: https://www.econbiz.de/10011126324
Auerbach et al. (1995), document the dramatic postwar increase in the annuitization of the resources of America's elderly. Gokhale et al. (1996) suggest that greater annuitization may explain the significant postwar rise in the consumption propensity of the elderly out of remaining lifetime...
Persistent link: https://www.econbiz.de/10005625933
The study of welfare capitalism is concerned with a founding question of political economy, namely how capitalism and democracy can be combined. Ever since the publication of Esping-Andersen’s Three Worlds of Welfare Capitalism in 1990, the answer was sought in identifying ideal types of...
Persistent link: https://www.econbiz.de/10010746273
No Abstract
Persistent link: https://www.econbiz.de/10011125913
This paper analyses the shifting balance between public sector and private sector welfare provision in the United Kingdom over the past two decades. Five sectors – education, health, personal social services, housing, and income maintenance and social security – are examined over three time...
Persistent link: https://www.econbiz.de/10011126016