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population used to consider that the PAYG public pension system should finance pensions. The pension system being based on an …How to de ne the most appropriate institutional framework that could encourage to better plan retirement? The French … them an adequate level of pension. But in the context of pension reforms, the replacement rates provided by the PAYG …
Persistent link: https://www.econbiz.de/10010707959
taxation in reducing inequalities simultaneously among active people, among retirees, and between workers and pensioners … intergenerational inequalities. Does the multidimensional inequality indicator allow to deliver conclusions regarding retirement … policies in the context of an aging population? In 2007, pensions explained a small proportion of the inequalities, compared …
Persistent link: https://www.econbiz.de/10010861583
Private savings for retirement, in the form of pensions, play an important role in most OECD countries. Given the scale … financial behaviour of pension funds in these countries. A comparative analysis is thus provided of the volume, portfolio … structure and performance of pension funds in 13 OECD countries. Given its specificity, the article concentrates especially on …
Persistent link: https://www.econbiz.de/10010764090
The American pension funds system reinforces the sensibility of the American economy to financial markets fluctuations …. Market risk is supported by companies as concerns defined benefits funds (DB) and by households as regards defined … billion $. The Pension Funding Equity Act may substantially lessen the macroeconomic risk stemming from these financial …
Persistent link: https://www.econbiz.de/10010708329
The aim of this article is to analyse the question of career interruptions and to evaluate their impact on pension … retirement for French private sector workers. Using the last French survey on households' wealth (2003-2004), we first study the … interruptions. Second, we determine how pension rights for French employees are affected by different career accidents. We consider …
Persistent link: https://www.econbiz.de/10011166291
Private pension plans are now an important source of retirement income, especially in the United Kingdom and in the … pensions on private consumption. We focus on the estimation of a ECM consumption function in the case of the United States and … the United Kingdom. It is shown that pension funds would have a negative impact on households’saving ratio. However, these …
Persistent link: https://www.econbiz.de/10010707074
This paper aims at assessing the robustness of demographic projections to different assumptions on mortality, fertility and migration. It builds on a small-scale simulation model for 23 OECD countries, which reproduces closely national projections under similar demographic assumptions. Up to...
Persistent link: https://www.econbiz.de/10010707952
This paper analyses the impact of health, pension systems and longevity on savings. It uses a simple life-cycle model … embodying social transfers (health care and pension expenditures) and changes in longevity to determine the level of household … of view of incentive to save, health transfers have a similar impact as pension replacement rates. Therefore, welfare …
Persistent link: https://www.econbiz.de/10010779372
social transfers (health care and pension expenditures) and changes in longevity to determine the level of household savings … both pension and health transfers may have a significant negative impact on the household saving. Therefore these …
Persistent link: https://www.econbiz.de/10010707305
€1.8 billion by increasing the CSG rate on pensions and by taxing pensioners’family benefits. But fairness would require … to re-introduce simultaneously wage indexation of pensions (which would cost €10.4 billion). Besides, €90 billion …According to several recent analyses, French pensioners benefit from tax expenditures of around €11 billion; abolishing …
Persistent link: https://www.econbiz.de/10011074505