Similar Search Results

"Should I pay for you or for myself"? : the optimal level and composition of retirement benefit systems

Praag, Bernard M. S. van; Cardoso, Pedro - 2001

Feldstein [1985] posed the questions of what would be the optimal level of retirement benefit, and what would be the optimal mix between the pay-as-you-go system and the funded pension system under the assumption of an exogenous interest rate. We reconsider the problem with the addition of a...

Persistent link: https://www.econbiz.de/10011339670

Do mandatory pensions decrease household savings? : evidence for the Netherlands

Euwals, Rob - 2000

The Dutch mandatory pension system consists of two parts: a public pay-as-you-go part that provides a minimum income to all Dutch inhabitants over age 64; and an occupation-specific capital-funded part that provides supplementary retirement income. The goal of this paper is to test for the effect...

Persistent link: https://www.econbiz.de/10011318591

Population ageing and PAYG pensions in the OLG model

Cipriani, Giam Pietro - 2013

This paper shows the effects on a pay-as-you-go pension system of the demographic change in the standard overlapping generations model. Firstly, we consider a setting with exogenous fertility and then a model with endogenous fertility. In both cases, population ageing due to increased longevity...

Persistent link: https://www.econbiz.de/10009695984

Pension design with a large informal labor market : evidence from Chile

Joubert, Clement - 2014

This paper investigates empirically the fiscal and welfare trade-offs involved in designing a pension system when workers can avoid participation by working informally. A dynamic behavioral model captures a household's labor supply, formal/informal sector choice and saving decisions under the...

Persistent link: https://www.econbiz.de/10010359417

Social insurance, informality and labor markets : how to protect workers while creating good jobs

Pagés, Carmen; Rigolini, Jamele; Robalino, David A. - 2013

This paper provides an overview of the main findings of the book "Social Insurance and Labor Markets: How to Protect Workers While Creating New Jobs." The book conceptualizes and reviews the empirical evidence on the potential distortions that the social insurance system of a country can have on...

Persistent link: https://www.econbiz.de/10010229925

Retirement patterns of couples in Europe

Hospido, Laura; Zamarro, Gema - 2014

Health, Aging and Retirement in Europe. In particular we test whether women's (men's) transitions out of the labor force are … across countries, we find a significative joint retirement effect for women of 21 percentage points. For men, the estimated …

Persistent link: https://www.econbiz.de/10010239271

(Lack of) pension knowledge

Barrett, Alan; Mosca, Irene; Whelan, Brendan J. - 2013

-sums, monthly payments or both. Women are more likely not to know, as are people with lower levels of education. While one policy …

Persistent link: https://www.econbiz.de/10010125872

Enlisting employees in improving payroll-tax compliance : evidence from Mexico

Kumler, Todd J.; Verhoogen, Eric; Frias, Judith A. - 2013

Non-compliance of firms with tax regulations is a major constraint on state capacity in developing countries. We focus on an arguably under-appreciated dimension of non-compliance: under-reporting of wages by formal firms to evade payroll taxes. We develop a simple partial-equilibrium model of...

Persistent link: https://www.econbiz.de/10010125917

Spousal and survivor benefits in option value models of retirement : an application to Belgium

Jousten, Alain; Lefebvre, Mathieu - 2016

modelling of couples' incentives leads to very different patterns of retirement incentives - particularly for women. We apply … different retirement incentives for men and women, with little flexibility in the retirement decision for men and substantially … more flexibility for women as a function of financial incentives and household composition. …

Persistent link: https://www.econbiz.de/10011543602

Taxing pensions

Cremer, Helmuth; Pestieau, Pierre - 2016

There exists a wide variety of tax treatments of pensions across the world. And the reasons for such a range of regimes 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...

Persistent link: https://www.econbiz.de/10011455532