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The adequacy of retirement savings is central to the U.S. debate over the effects of Social Security reform and pension …
Persistent link: https://www.econbiz.de/10003202784
In this paper we analyze the relationship between unemployment and consumption. We study this relationship with panel …
Persistent link: https://www.econbiz.de/10009781654
Persistent link: https://www.econbiz.de/10003598833
Public pay-as-you-go pensions still form the dominant pillar of old-age provision in Germany. This is in marked contrast to the situation in Anglo-Saxon countries. It has advantages if labour markets are strong, e.g., following a quick recovery from the Great Recession. It has disadvantages, as...
Persistent link: https://www.econbiz.de/10011429583
policy consists in full deferral of income taxes on savings and a full taxation of interest. Mobility of the old calls for … savings in combination with full tax exemption on capital income. -- deferred taxation ; income tax ; savings ; migration …
Persistent link: https://www.econbiz.de/10009355155
The objective of this paper is to estimate the effect of diabetes on labor market exit using longitudinal data from the 1992-2010 Health and Retirement Study (HRS). We estimate a discrete time hazard model to test whether diabetes affects the hazard of leaving employment among individuals who...
Persistent link: https://www.econbiz.de/10011444891
We study asset-tested unemployment insurance in an incomplete markets model with moral hazard during job search. Asset testing has two counteracting effects on welfare. On the one hand, it improves consumption insurance by introducing state contingent transfers to agents most in need. On the...
Persistent link: https://www.econbiz.de/10009765509
We use the Italian Survey of Household Income and Wealth, a rather unique dataset with a long time dimension of panel …
Persistent link: https://www.econbiz.de/10011551036
Rising income inequality since the 1980s in the United States has generated a substantial increase in saving by the top of the income distribution, which we call the saving glut of the rich. The saving glut of the rich has been as large as the global saving glut, and it has not been associated...
Persistent link: https://www.econbiz.de/10012197559
We quantify the commute time savings associated with work from home, drawing on data for 27 countries. The average … daily time savings when working from home is 72 minutes in our sample. We estimate that work from home saved about two hours …. Workers allocate 40 percent of their time savings to their jobs and about 11 percent to caregiving activities. People living …
Persistent link: https://www.econbiz.de/10013502723