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Intergenerational inequality and old-age poverty are salient issues in contemporary China. China's aging population threatens the fiscal sustainability of its pension system, a key vehicle for intergenerational redistribution. We analyze the positive and normative effects of alternative pension...
Persistent link: https://www.econbiz.de/10011083803
the effects of a pension reform in Argentina that resulted in an unexpected and substantial increase in permanent income … within the household. Our results imply that a 10 percentage-point increase in senior women’s income share within the couple … chores and to a significant increase of 11% in their husbands’ participation in household chores. Moreover, this large income …
Persistent link: https://www.econbiz.de/10011084362
This is the first paper of which we are aware that attemps to formally model the supply-supply behavior of elderly individuals in a developing countryWithout broad-based public pension schemes, the majority of the elderly in developing countries are left to rely on their current and accumulated...
Persistent link: https://www.econbiz.de/10004967992
Social Security programmes around the world link public pensions to retirement: people do not lose their pensions if … consistent with it. The main idea is that pensions are a means to induce retirement, that is, to buy the elderly out of the …
Persistent link: https://www.econbiz.de/10005788967
This Paper considers the optimal design of public pension provision for the retired and income support for those of …
Persistent link: https://www.econbiz.de/10005789123
-as-you-go mechanism for public retirement pensions, when adopted in a dualistic economic system, penalises the most dynamic demographic … show that the Italian case study, which compares the contributions/retirement pensions ratio of the poorer but more rapidly …
Persistent link: https://www.econbiz.de/10005791243
and income inequality among pensioners in Hungary before the introduction of pension reforms. We find that the old system …
Persistent link: https://www.econbiz.de/10005791337
higher taxes and more early retirement. However, when income effects are factored in, the model suggests that periods of … stagnation – characterized by decreasing labour income – may lead middle-aged individuals to postpone retirement. …
Persistent link: https://www.econbiz.de/10005791934
of unfunded state pensions differs. We estimate how the optimal level of unfunded state pensions depends on rate of … return and income risks and also upon the actuarial fairness of annuity contracts. We focus on the case of Japan where ageing … is rapid and unfunded pensions are currently generous. …
Persistent link: https://www.econbiz.de/10005792047
equal pensions for all but different contributions which may or may not increase with the number of children. Additionally … case, pensions are decreasing in the number of children: in the latter case, they are increasing. …
Persistent link: https://www.econbiz.de/10005792304