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Personal Pensions with Risk sharing: Affordable, Adequate and Stable Private Pensions in Europe

Bovenberg, A Lans; Nijman, Theo E - C.E.P.R. Discussion Papers - 2015

Private pension provision faces the challenging task of providing stable income streams during retirement. The challenge has increased markedly in the last decades due to volatile financial markets, falling interest rates and the withdrawal of employers and external insurers as risk bearers of...

Persistent link: https://www.econbiz.de/10011252616

Does Raising the Retirement Age Increase Employment of Older Workers?

Staubli, Stefan; Zweimüller, Josef - C.E.P.R. Discussion Papers - 2011

This paper studies how an increase in the minimum retirement age affects the labor market behavior of older workers. Between 2000 and 2006 the Austrian government gradually increased the early retirement age from 60 to 62.2 for men and from 55 to 57.2 for women. Using administrative data on the...

Persistent link: https://www.econbiz.de/10009275966

Too Old to Work, Too Young to Retire?

Ichino, Andrea; Schwerdt, Guido; Winter-Ebmer, Rudolf; … - C.E.P.R. Discussion Papers - 2007

We use firm closure data from social security records for Austria 1978-1998 to investigate the effect of age on employment prospects. We rely on exact matching to compare workers displaced due to firm closure with similar non-displaced workers. We then use a difference-in-difference strategy to...

Persistent link: https://www.econbiz.de/10005666404

Ageing and Unemployment

Schmidt, Christoph M - C.E.P.R. Discussion Papers - 1992

While ageing is accepted as a major problem for most industrialized societies, its labour market consequences are not yet fully understood. This paper analyses the effects of changes in the age composition of the Federal Republic of Germany on the incidence of unemployment in different sex-age...

Persistent link: https://www.econbiz.de/10005666422

An Econometric Analysis of the Mental-Health Effects of Major Events in the Life of Elderly Individuals

Lindeboom, Maarten; Portrait, France; den Berg, Gerard J van - C.E.P.R. Discussion Papers - 2001

Major events in the life of an elderly individual, such as retirement, a significant decrease in income, death of the spouse, disability, and a move to a nursing home, may affect the mental health status of the individual. For example, the individual may enter a prolonged depression. We...

Persistent link: https://www.econbiz.de/10005666455

Potential Unemployment Benefit Duration and Spell Length: Lessons from a Quasi-experiment in Austria

Winter-Ebmer, Rudolf - C.E.P.R. Discussion Papers - 1996

The paper studies the effect of potential unemployment benefit duration on the length of unemployment spells in Austria. It takes advantage of a quasi-experimental situation, where potential benefit duration was extended in 1988 for elderly workers living in specific regions of the country. The...

Persistent link: https://www.econbiz.de/10005666954

Old-Age Support in Indonesia: Labor Supply, Intergenerational Transfers and Living Arrangements.

Cameron, Lisa; Cobb-Clark, Deborah - Research School of Economics, College of Business and … - 2001

are left to rely on their current and accumulated earnings and support from children as means of support. …

Persistent link: https://www.econbiz.de/10004967992

Do Coresidency with and Financial Transfers from Children Reduce the Need for Elderly Parents to Work in Developing Countries?

Cobb-Clark, Deborah; Cameron, Lisa A - Research School of Economics, College of Business and … - 2005

coresidence with or financial transfers from children to reduce their own labor supply in old age? These questions are … while taking into account coresidency with and financial transfers from children. We find little evidence that support from … children – either through transfers or coresidency – substitutes for elderly parents’ need to work. Thus, as in developed …

Persistent link: https://www.econbiz.de/10004968008

Wealth Holdings and Portfolio Allocation of Older Couples: The Role of Spouses’ Marital History

Ulker, Aydogan - Research School of Economics, College of Business and … - 2004

This paper analyses the role of the elderly couples’ past marital history in determining their current wealth holdings and portfolio allocation using data from the first wave of the Health and Retirement Study. The results suggest that, for those who remarry after divorce, there is recovery...

Persistent link: https://www.econbiz.de/10004968013

Social Security and Migration in an Ageing Europe

von Hagen, Jürgen; Walz, Uwe - C.E.P.R. Discussion Papers - 1994

The European ageing process will lead to a dramatic rise in dependency ratios over the next decades. At the same time labour mobility will increase as a result of greater European economic integration. We analyse the implications of migration and ageing for European social security systems. With...

Persistent link: https://www.econbiz.de/10005791913

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