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Evaluating the possible impact of pension reforms on future living standards in Europe

Grech, Aaron George - London School of Economics (LSE) - 2012

Successive reforms enacted since the 1990s have dramatically changed Europe’s pensions landscape. This paper tries to assess the impact of recent reforms on the ability of systems to alleviate poverty and maintain living standards, using estimates of pension wealth for a number of hypothetical...

Persistent link: https://www.econbiz.de/10010746065

How best to measure pension adequacy

Grech, Aaron George - London School of Economics (LSE) - 2013

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 seem to be a broad consensus in policymaking circles and...

Persistent link: https://www.econbiz.de/10010746288

Assessing the sustainability of pension reforms in Europe

Grech, Aaron George - London School of Economics (LSE) - 2010

Spurred by the ageing transition, many governments have made wide-ranging reforms, dramatically changing Europe's pensions landscape. Nevertheless there remain concerns about future costs, while unease about adequacy is growing. This study develops a comprehensive framework to assess pension...

Persistent link: https://www.econbiz.de/10010746427

Pension policy in EU25 and its possible impact on elderly poverty

Zaidi, Asghar; Grech, Aaron George; Fuchs, Michael - London School of Economics (LSE) - 2006

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 decade and the paper highlights commonalities as well as...

Persistent link: https://www.econbiz.de/10011126478

Can the retirement-consumption puzzle be resolved?: evidence from the British Household Panel Survey.

Smith, Sarah - London School of Economics (LSE) - 2005

This paper uses data from the British Household Panel Survey to shed further light on the fall in spending at retirement (the “retirement-consumption puzzle”). Comparing food spending for men retiring involuntarily early (through ill health or redundancy) with spending for those who retire...

Persistent link: https://www.econbiz.de/10011071203

The impact of wealth on consumption and retirement behaviour in the UK

Blake, David - London School of Economics (LSE) - 2002

Housing and pension wealth are shown to be important determinants of personal sector consumption and retirement behaviour in the UK. Housing and state pension wealth have a positive effect on consumption, while private pension wealth promotes greater savings. Greater private defined benefit...

Persistent link: https://www.econbiz.de/10011071212

The Impact of Social Security and Other Factors on the Distribution of Wealth.

Gokhale, J.; Kotlikoff, L.J. - London School of Economics (LSE) - 1999

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

Auctioning conservation contracts in the presence of externalities

Calel, Raphael - London School of Economics (LSE) - 2010

Current models of conservation auctions do not permit for the presence of environmental externalities and synergies … environmental externalities. Clearly, our models do not tell the whole story, and they consequently fail to identify waste and … inefficiency in these auctions. Our paper shows how externalities between bidders can be incorporated into our models of …

Persistent link: https://www.econbiz.de/10010745522

Commodity taxation and social welfare: the generalised Ramsey rule

Coady, David; Dreze, Jean - London School of Economics (LSE) - 2000

Commodity taxes have three distinct roles: (1) revenue collection, (2) interpersonal redistribution, and (3) resource allocation. The paper presents an integrated treatment of these three concerns in a second-best general equilibrium framework, which leads to the 'generalised Ramsey rule' for...

Persistent link: https://www.econbiz.de/10010884666

Land markets and land market regulation : progress towards understanding

Cheshire, P. C.; Sheppard, Stephen Charles - London School of Economics (LSE) - 2004

We introduce the papers in this volume and put them into the context of the literature on land use regulation. We then synthesise and draw some conclusions from existing research on land use regulation and interpret the evidence currently available. In the light of this review we then identify...

Persistent link: https://www.econbiz.de/10010745368

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