Similar Search Results

Health, Financial Incentives and Retirement in Spain

Erdogan-Ciftci, Esen; Doorslaer, Eddy Van; … - Tinbergen Institute - 2008

derived as changes in a composite health stock measure over time. We examine labour market exits into both old age retirement …We estimate the impact of health and financial incentives on the retirement transitions of older workers in Spain … and a broader definition of retirement including inactivity, while controlling for unobserved heterogeneity. We find that …

Persistent link: https://www.econbiz.de/10005136959

Retirement Choices in Italy: What an Option Value Model tells us

Belloni, Michele; Alessie, Rob - Tinbergen Institute - 2010

Using Italian data, we estimate an option value model to quantify the effect

Persistent link: https://www.econbiz.de/10008838550

Measuring and Explaining the Limited Take-up of the Housing Benefit in the Netherlands

Rouwendal, Jan - Tinbergen Institute - 2002

It is well known that the take-up rate of the Dutch housing benefit and other means tested benefits is substantially below 100%. In order to measure non-take up one usually has to simulate entitlement to the benefits. In this paper we take a closer look at the quality of the simulation. We find...

Persistent link: https://www.econbiz.de/10005209493

Population Ageing and Pension Reform in a Small Open Economy with Non-Traded Goods

Bettendorf, Leon; Heijdra, Ben - Tinbergen Institute - 2005

), allows for age-dependent labour productivity (thus mimicing life-cycle saving), and includes a rudimentary pension system …

Persistent link: https://www.econbiz.de/10005144537

The Sustainability of the Pay-as-you-go System with Falling Birth Rates

Praag, Bernard M.S. van; Cardoso, Pedro - Tinbergen Institute - 2002

A model is presented that explains the mix between funded and unfunded pension systems. It turns out that total pension and the relative shares of the two systems may be explained and are determined by the population growth rate, technological growth, the time-preference discount rate, the...

Persistent link: https://www.econbiz.de/10005144543

Optimal Sharing of Labor Productivity Risks and Mix of Pay-As-You-Go and Savings

Bilard, Debora Kusmerski - Tinbergen Institute - 2008

This paper addresses two related issues: the optimal intergenerational sharing of labor productivity risks, through a Pay-As-You-Go (PAYG) social security with contingent rates of benefits and contributions, and the optimal combination of PAYG and funded savings in a small open economy. It shows...

Persistent link: https://www.econbiz.de/10005137323

Generational Accounting, Solidarity and Pension Losses

Teulings, Coen N.; Vries, Casper G. de - Tinbergen Institute - 2003

The stock market collapse led to political tensions between generations due to the fuzzy definition of the property rights over the pension funds’ wealth. The problem is best resolved by the introduction of generational accounts. Modern consumption and portfolio theory shows that the younger...

Persistent link: https://www.econbiz.de/10005042223

Differentiating Indexation in Dutch Pension Funds

Beetsma, Roel; Bucciol, Alessandro - Tinbergen Institute - 2010

We investigate numerically how indexation of funded pensions for inflation can be differ-

Persistent link: https://www.econbiz.de/10008764970

Pensions, Debt and Inflation Risk in a Monetary Union

Adema, Yvonne - Tinbergen Institute - 2010

This paper investigates the international spillovers of government debt and the associated risk of inflation within a monetary union when countries have different pension systems. I use a stochastic two-country two-period overlapping-generations model, where one country has PAYG pensions and the...

Persistent link: https://www.econbiz.de/10008838553

Mapping the Minds of Retirement Planners

Hershey, Douglas A.; Henkens, Kène; Dalen, Hendrik P. van - Tinbergen Institute - 2006

This study explored the psychological mechanisms that underlie the retirement planning and saving tendencies of Dutch … analysis models to identify the mechanisms that underlie perceived financial preparedness for retirement. Findings revealed … psychological and retirement planning constructs, but also in the robustness of the path models. These findings suggest that policy …

Persistent link: https://www.econbiz.de/10005144426