Showing 1 - 10 of 69
The Non-financial (Notional) Defined Contribution (NDC) PAYGO pension scheme is a recent innovation and its generic dimensions have not previously been explored in a coherent context. This paper does this. It derives and analyzes the demographic, economic and distributional properties of NDC....
Persistent link: https://www.econbiz.de/10008835089
Many Western countries with an aging population consider reforms of their pay-as-you-go pension systems. In Sweden a new pension system has already been decided and implemented. This paper gives a brief background to the Swedish reforms in the 1990s and explains the structure of the new system.
Persistent link: https://www.econbiz.de/10005419190
In this paper, we study the short-run effect of salary receipt on mortality among Swedish public sector employees. By using data on variation in pay-days across work-places, we completely control for mortality patterns related to, for example, public holidays and other special days or events...
Persistent link: https://www.econbiz.de/10010945095
The probability of income loss depends on talent and effort. Effort has positive externalities and therefore individuals are awarded status in proportion to their perceived diligence. The social norm requires more effort from individuals perceived as more talented. But talent is private...
Persistent link: https://www.econbiz.de/10005779767
The probability of income loss depends on talent and effort. Effort has positive externalities and therefore individuals are proportion to their perceived diligence. The social norm requires more effort from individuals perceived as more talented, but talent is private information and...
Persistent link: https://www.econbiz.de/10005644616
Several studies have documented a strong correlation in the timing of spouses’ retirement decisions. However, considerably less is known about the causal impact of one spouse’s retirement incentives on the retirement decision of the other spouse. Before, but not after, 2001 broad categories...
Persistent link: https://www.econbiz.de/10009201042
This study investigates the general equilibrium effects of a fertility shock under different intergenerational transfer … different tax schemes. The economic effects of a fertility shock vary substantially with different intergenerational transfer … the effects from a fertility shock it is vital that the effects on human capital are minimized. For a baby boom shock this …
Persistent link: https://www.econbiz.de/10005642486
We investigate the effects on health at birth of a shock generated by a major (25%) and unexpected wage cut austerity measure that affected all public sector employees in Romania in 2010. Our findings suggest an overall improvement in health at birth for boys exposed to the shock in early...
Persistent link: https://www.econbiz.de/10010818880
We investigate the effects on health at birth of a shock generated by a major (25%) and unexpected wage cut austerity measure that affected all public sector employees in Romania in 2010. Our findings suggest an overall improvement in health at birth for boys exposed to the shock in early...
Persistent link: https://www.econbiz.de/10010699978
The Swedish pension reform of 1999-2003 provides an opportunity to study whether and how important economic incentives are for the timing of retirement. The new pension system provides a much closer link between contributions and benefits than the former system. I study whether the reform has...
Persistent link: https://www.econbiz.de/10005419216