We explore the role of financial and pension information in increasing women's knowledge and awareness of their future … pension status, and consequently, in reducing the gender pension gap. A representative sample of 1249 Italian working women … were interviewed to assess their knowledge about pensions and financial issues and about their own savings and personal …

Recently, mandatory pension contributions in the private sector in Iceland were increased substantially while remaining … saving behavior. Our survey evidence suggests that these findings may be explained by widespread ignorance about the pension …

asymmetries of savings out of factor incomes. This generalized model helps to shed new light on a recent debate concerning the … the particular savings hypothesis. However, if savings out of capital income are substantial so that a certain threshold …

-tested payments creates an incentive to cash out (occupational) pension wealth for low and middle income earners, instead of taking … the annuity. Agents trade-off the advantages from annuitization, receiving the wealthenhancing mortality credit, to the …'s predicted annuitization rates as a function of the level of pension wealth are roughly consistent with the cash-out patterns of …

We use a unique dataset on individual retirement decisions in Swiss pension funds to analyze the choice between an … annuity and a lump sum at retirement. Our analysis suggests the existence of an ?acquiescence bias?, meaning that a majority … accumulated pension capital are much more likely to be withdrawn as a lump sum, suggesting a potential moral hazard behavior or a …

This article, based on two books (2008, forthcoming), sets out principles for pension design: pension systems have … multiple objectives, analysis should consider the pension system as a whole, analysis should be in a second-best context … implications: there is no single best pension design; earlier retirement does not reduce unemployment; unsustainable pension …

Redistribution is an inevitable feature of collective pension schemes and economic experiments have revealed that most … how these preferences interact with preferences for different pension schemes. In this paper we review the experimental …

Pension benefit rules depend on individual history far more than taxes do, and age plays a much larger role in pension … contain neither a mandatory pension system nor the behavioral dimensions that lie behind justifications commonly offered for … mandatory pensions. Conversely, optimizing models of pension design typically do not include annual taxation of labor and …

pension savings are the only sources of capital supply. When capital supply equals demand from industry there is equilibrium …Pensions may be provided for in a modern society by a mix of several methods, namely by voluntary individual savings …, mandatory fully-funded occupational pension systems, mandatory social security financed by pay-as-you-go, and old …