Showing 1 - 10 of 259
We investigate the impact on pension take-up and labour supply of a broad Norwegian pension reform. Focussing on the … new pension, accounting for the opportunity cost of retiring early. A majority of the individuals combine take-up of … pension with working. This is particular the case for individuals with lower education. The estimated model explains observed …
Persistent link: https://www.econbiz.de/10012866558
We discuss public pension systems in a multi-period overlapping generations model with gerontologically founded human …-enhancing public pension system. Calibrating the model to Germany, we find that a pension system that equalizes relative pension …
Persistent link: https://www.econbiz.de/10013219069
Continuous longevity improvements and population ageing have led countries to modify national public pension schemes by … show that the measures taken are often poorly designed and consequently misaligned with the pension scheme’s ultimate goals … among generations. We show that in policy designs in which extended working lives translate into additional pension …
Persistent link: https://www.econbiz.de/10013314670
European Union. Clearly, population ageing has forced countries to reform their pension systems, and will continue to do so …, both by reducing the generosity of pension arrangements and by switching to funding rather than relying on pure pay …-as-you go pension provision. We study how such reforms affect the room for adhering to the Pact, but also how the Pact may …
Persistent link: https://www.econbiz.de/10013316767
Using an overlapping generations model, two new indicators of public pension system sustainability are proposed: the … pension space, which measures the capacity to pay for pension expenditures out of labour taxation, and the pension space … exhaustion probability reflecting demographic uncertainties. These measures reveal that the pension spaces of advanced economies …
Persistent link: https://www.econbiz.de/10014347982
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 …
Persistent link: https://www.econbiz.de/10014242150
pension status, and consequently, in reducing the gender pension gap. A representative sample of 1249 Italian working women …We explore the role of financial and pension information in increasing women's knowledge and awareness of their future … follow-up survey shows that these women became more interested and aware of pension schemes and retirement options after …
Persistent link: https://www.econbiz.de/10012822496
when the transformation is sufficiently concave. Under gender neutrality pension schemes must be self-selecting. With …We study the design of pension benefits for male and female workers. Women live longer than men but have a lower wage …-spans. We derive the optimal direction of redistribution and show how it is affected by a gender neutrality rule. With singles …
Persistent link: https://www.econbiz.de/10013224069
The formation of economic preferences in childhood and adolescence has long-term consequences for life-time outcomes. We study in an experiment with 525 teenagers how both birth order and siblings’ sex composition affect risk, time and social preferences. We find that second born children are...
Persistent link: https://www.econbiz.de/10012892225
measures like the gender wage gap …
Persistent link: https://www.econbiz.de/10012892274