Showing 1 - 10 of 17
Individuals and business owners engage in an increasingly complex array of financial decisions that are critical for their success and well-being. Yet a growing literature documents that in both developed and developing countries, a large fraction of the population is unprepared to make these...
Persistent link: https://www.econbiz.de/10010884647
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
just those at the point of retirement, this approach can provide additional insights on the efficacy of pension systems in … individuals above the 60% relative poverty threshold throughout retirement. Our simulations suggest that the gradual negative … lengthening of the time spent in receipt of retirement benefits. The consumption smoothing function of state pensions has declined …
Persistent link: https://www.econbiz.de/10010746065
pension benefits through retirement) calculated using more realistic labour market assumptions. These measures are used to …
Persistent link: https://www.econbiz.de/10010746288
This article discusses the implications of the decline of National Insurance in Britain, witnessed by its declining share of social security spending and steady dilution of the ‘contributory principle’ on which it was originally based. This decline is not accidental: under governments of the...
Persistent link: https://www.econbiz.de/10010746629
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
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 … retirement age and this is likely to induce older workers to work longer. There is already some evidence that the effective …
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
This paper develops a model of economic growth and activity locating endogenously on a 3- dimensional featureless global geography. The same economic forces influence simultaneously growth, convergence, and spatial agglomeration and clustering. Economic activity is not concentrated on discrete...
Persistent link: https://www.econbiz.de/10010884745