occupational pension schemes is urgently needed. Thus far, steps in this direction have been half-hearted, and the financial crisis …

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 …

legal retirement age is increasing in longevity and (iii) decreasing in the public pension replacement rate. We then test …

This paper analyzes behavioral responses to a 2014 reform in the German public pension system that lowered the full … for retirement. Using administrative data from public pension insurance accounts, we first document a substantial bunching … 1.0 year decrease in the FRA leads to a reduction in the average pension claiming age by 0.3-0.4 years. Treated …

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 …

spillovers between individuals, we exploit a pension reform in the Netherlands that creates exogenous variation in peers … behind retirement spillovers. Our findings imply that pension reforms have a large social multiplier, amplifying their …

are not clear. This note reviews the general principles of pension taxes and analyses the theoretical foundations of why … pension incomes ought to be taxed specifically. To do this, one has to distinguish between public and private pensions. The … or not pension saving ought to be treated differently from other forms of saving. …

Prefunding of pension commitments in OECD economies is increasingly seen as a central strategy to cope with the aging … challenging requirements. For pension policy, the limited contribution of pre-funding at home and abroad in order to address the …

inter-generational fairness in a situation where pension expenditure as compared to wages increases due to low fertility and … Europe with a relatively high pension replacement rate. Pre-funding can take place within the public sector or in a … available for pension financing. …

, mandatory fully-funded occupational pension systems, mandatory social security financed by pay-as-you-go, and old …-fashioned hoarding in cash. Here, we call the specific mixture of the four systems the pension composition. We assume that individual … pension savings are the only sources of capital supply. When capital supply equals demand from industry there is equilibrium …