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most demographic groups. -- Immigrant workers ; life cycle models ; saving ; social security ; public pensions …
Persistent link: https://www.econbiz.de/10003959164
Old-age pensions in the NDC systems reflect the accumulated lifetime labour income. Interrupted careers and differences …-age pensions in the future. We argue that the pension systems' design modifications that weaken the link between contribution and … benefits would not solve the challenge of providing adequate old-age pensions to people with interrupted careers. On the …
Persistent link: https://www.econbiz.de/10011798236
China launched a new rural pension scheme (hereafter NRPS) for rural residents in 2009, now covering almost all counties with over 400 million people enrolled. This implementation of the largest social pension program in the world offers a unique setting for studying the economics of...
Persistent link: https://www.econbiz.de/10011641810
We provide new evidence of forward-looking labor supply responses to changes in pension wealth. We exploit a 2014 German reform that increased pension wealth for mothers by an average of 4.4% per child born before January 1, 1992. Using administrative data on the universe of working histories,...
Persistent link: https://www.econbiz.de/10014279704
We use nationally representative panel data from Australia to consider the impact of retirement on individual locus of control, a socio-emotional skill that has substantial explanatory power for a broad range of life outcomes. We establish causality via cohort-specific eligibility age for the...
Persistent link: https://www.econbiz.de/10014454434
We examine the gender wealth gap with a focus on pension wealth and statutory pension rights. By taking into account employment characteristics of women and men, we are able to identify the extent to which the redistributive effect of pension rights reduces the gender wealth gap. The data for...
Persistent link: https://www.econbiz.de/10013373281
, necessary beyond 2025. As the enacted savings rate target is conservative, individual pensions keep retirement income sufficient …In May 2001, Germany adopted a fundamental pension reform cutting back public pensions and introducing personal pension … moderate economic conditions. However, the new private pension plans provide scope for further downsizing state pensions …
Persistent link: https://www.econbiz.de/10011403229
We investigate the unemployment pathway to retirement in Germany and study the causal effects of two early retirement reforms. Reform 1 (NRA) increased normal retirement age stepwise from 60 to 65. Simultaneously, it became possible to use early retirement with benefit discounts. Reform 2 (ERA)...
Persistent link: https://www.econbiz.de/10012745216
This paper examines a broad set of short- and long-term impacts of Individual Placement and Support (IPS) for disability benefit recipients with severe mental disabilities. IPS is a specific intervention that first aims to place an individual in employment and subsequently trains the worker on...
Persistent link: https://www.econbiz.de/10012296183
Numerous studies have evaluated the effect of nutrition early in life on health much later in life by comparing individuals born during a famine to others. Nutritional intake is typically unobserved and endogenous, whereas famines arguably provide exogenous variation in the provision of...
Persistent link: https://www.econbiz.de/10009519886