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Pension wealth and the gender wealth gap

Cordova, Karla; Grabka, Markus M.; Sierminska, Eva - 2022

We examine the gender wealth gap with a focus on pension wealth and statutory pension rights. By taking into account … rights reduces the gender wealth gap. The data for our analysis come from the German Socio-Economic Panel (SOEP), one of the … available in the SOEP for 2012 only. While the relative raw gender wealth gap is about 35% (or 31,000 euros) when analysing the …

Persistent link: https://www.econbiz.de/10013392164

The old-age pension household replacement rate in Belgium

Brown, Alessio J. G.; Fraikin, Anne-Lore - 2022

The objective of the paper is to examine the retirement behaviour of Belgian workers in one-earner households who are automatically granted a more generous old-age pension benefits replacement rate, called the household replacement rate. Following a recommendation of the Belgian Pension Reform...

Persistent link: https://www.econbiz.de/10012801885

The heterogeneous impact of pension income on elderly living arrangements : evidence from China's new rural pension scheme

Cheng, Lingguo; Liu, Hong; Zhang, Ye; Zhao, Zhong - 2017

This paper investigates the impact of pension income on living arrangements of the elderly. Taking advantage of a unique opportunity due to the recent establishment and expansion of the New Rural Pension Scheme in China, we explicitly address the endogeneity of pension status and pension income...

Persistent link: https://www.econbiz.de/10012114078

Social security expansion and neighborhood cohesion : evidence from community-living older adults in China

Bradley, Elizabeth H.; Chen, Xi; Tang, Gaojie - 2020

Grants and services provided by the government may crowd out informal arrangements, thus weakening informal caring relations and networks. In this paper, we examine the impact of social security expansion on neighborhood cohesion of elders using China’s New Rural Pension Scheme (NRPS), one of...

Persistent link: https://www.econbiz.de/10012149120

Short-run health consequences of retirement and pension benefits : evidence from China

Nikolov, Plamen; Adelman, Alan - 2019

This paper examines the impact of the New Rural Pension Scheme (NRPS) in China. Exploiting the staggered implementation of an NRPS policy expansion that began in 2009, we used a difference-in-difference approach to study the effects of the introduction of pension benefits on the health status,...

Persistent link: https://www.econbiz.de/10012161478

Does money relieve depression? : evidence from social pension expansions in China

Chen, Xi; Wang, Tianyu; Busch, Susan H. - 2018

We estimate the impact of pension enrollment on mental well-being using China's New Rural Pension Scheme (NRPS), the largest existing pension program in the world. Since its launch in 2009, more than 400 million Chinese have enrolled in the NRPS. We first describe plausible pathways through...

Persistent link: https://www.econbiz.de/10012163454

Do private household transfers to the elderly respond to public pension benefits? : evidence from rural China

Nikolov, Plamen; Adelman, Alan - 2019 - Current version: April 2019

Aging populations in developing countries have spurred the introduction of public pension programs to preserve the standard of living for the elderly. The often-overlooked mechanism of intergenerational transfers, however, can dampen these intended policy effects, as adult children who make...

Persistent link: https://www.econbiz.de/10012159232

Pension and health services utilization : evidence from social pension expansion in China

Chen, Shanquan; Chen, Xi; Law, Stephen M.; Lucas, Henry; … - 2020

The proportion of people aged 60 years or over is growing faster than other age groups. The well-being older adults depend heavily on their state of health. This study evaluates the effects of pensions on older adults' health service utilization, and estimates the size of pension required to...

Persistent link: https://www.econbiz.de/10012313109

A nudge to quit? : the effect of a change in pension information on annuitization, labour supply, and retirement choices among older workers

Hagen, Johannes; Hallberg, Daniel; Sjögren Lindquist, … - 2021

We study the effects of two exogenous modificationsin the Swedish pension system application formnudgingindividuals towards a fixed-term payout.Meanwhile, the set of available options and the default option-life annuity -were unchanged during the period under study. We examine the effects on...

Persistent link: https://www.econbiz.de/10012590727

Calling older workers back to work

Grigoli, Francesco; Koczan, Zsoka; Topalova, Petia - 2021

Population aging in advanced economies could have significant macroeconomic implications, unless more individuals choose to participate in labor markets. In this context, the steep increase in the share of older workers who remain economically active since the mid1990s is an overlooked yet...

Persistent link: https://www.econbiz.de/10012417615

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