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trend is that the retirement incomes drawn from the public pension systems are on the decline, the changes are likely to …This paper reviews changes in pension policies in EU countries between 1995 and 2005 and describes how they might … affect risk of poverty for future pensioner populations. The pension landscape in Europe has changed considerably in the past …
Persistent link: https://www.econbiz.de/10011126478
just those at the point of retirement, this approach can provide additional insights on the efficacy of pension systems in … alleviation function. Policymakers in some counties, notably Germany, France and the UK, have sought to refocus state pension … estimates of pension wealth for a number of hypothetical cases. By focusing on all prospective pension transfers rather than …
Persistent link: https://www.econbiz.de/10010746065
pension benefits through retirement) calculated using more realistic labour market assumptions. These measures are used to …Though the main benchmark used to assess pension reforms continues to be the expected resulting fall in future … government spending, the impact of policy changes on pension adequacy is increasingly coming to the fore. As yet, there does not …
Persistent link: https://www.econbiz.de/10010746288
location intention at retirement using a recent data set on migrants currently living in France. We found that the migrant …
Persistent link: https://www.econbiz.de/10010745986
across EU Member States and identifies policy initiatives that would encourage more flexible and later retirement. The … countries, close to one-half of those of 50 and over are either unemployed or inactive, with reliance either on early retirement … pensions or on social assistance benefits. The recent pension reforms in a number of these countries have increased the …
Persistent link: https://www.econbiz.de/10011126489
retirement (the “retirement-consumption puzzle”). Comparing food spending for men retiring involuntarily early (through ill … for some retirees. Evidence on psychological and financial well-being also indicates that the retirement experience of …
Persistent link: https://www.econbiz.de/10011071203
Housing and pension wealth are shown to be important determinants of personal sector consumption and retirement … promotes greater savings. Greater private defined benefit pension wealth encourages earlier retirement, while greater de …¯ned contribution pension wealth has the e®ect of delaying retirement. State pension wealth appears to have no effect on the retirement …
Persistent link: https://www.econbiz.de/10011071212
effects of different pension arrangements on labour markets, on national savings and growth, and on the distribution of …
Persistent link: https://www.econbiz.de/10010928707
This paper derives optimal employment contracts when workers are risk averse and there are employment and unemployment risks. Without income insurance, consumption rises during employment and falls during unemployment. Optimal employment contracts offer severance compensation to smooth...
Persistent link: https://www.econbiz.de/10010928803
Does the search and matching model fit aggregate U.S. labor market data? While the model has become an important tool of macroeconomic analysis, recent literature pointed to some failures in accounting for the data. This paper aims to answer two questions: (i) Does the model fit the data, and,...
Persistent link: https://www.econbiz.de/10011071277