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Annuity premiums are often assumed to be constant, although they can be expected to vary with the yield curve. Variations in premiums will become an important public policy issue as defined-contribution (DC) pension plans play an increasingly prominent role in providing retirement income. As DC...
Persistent link: https://www.econbiz.de/10012783049
The COVID-19 shock has underscored the importance of digital tools for enhancing the effectiveness and efficiency of social protection systems. Cross-country evidence suggests that digital IDs linked with bank and/or mobile money accounts can improve the delivery of social protection programs...
Persistent link: https://www.econbiz.de/10014237652
Despite important past reforms, the ageing population of Mauritius threatens the sustainability of its pension system. This paper examines how pension spending might increase without reforms and discusses reforms options. The findings suggest that unifying the retirement age and indexing it to...
Persistent link: https://www.econbiz.de/10013019019
Gender budgeting uses fiscal policies to promote gender equality and women's advancement, but is struggling to take hold in the Middle East and Central Asia. We provide an overview of two gender budgeting efforts in the region-Morocco and Afghanistan. Achievements in these two countries include...
Persistent link: https://www.econbiz.de/10012977812
investigate the key saving patterns, examining their heterogeneity across households in SE3 countries relative to the EA average … households suggest that households with lower savings tend to see their savings dip (or dissavings rise) more … households suggest that targeted rather than universal policy intervention could improve household savings, especially of the …
Persistent link: https://www.econbiz.de/10014349468
households in the form of cash transfers is the most cost-effective way of alleviating the burden on vulnerable households and …
Persistent link: https://www.econbiz.de/10014351358
Female-to-male employment in Senegal increased by 14 percentage points between 2006 and 2011. During the same period years of education of the working age population increased 27 percent for females and 13 percent for males, reducing gender gaps in education. In this paper, we quantitatively...
Persistent link: https://www.econbiz.de/10012858383
Using administrative tax records for UK businesses, we document both bunching in annual turnover below the VAT registration threshold and persistent voluntary registration by almost half of the firms below the threshold. We develop a conceptual framework that can simultaneously explain these two...
Persistent link: https://www.econbiz.de/10012859864
This paper discusses how the structure of the tax system affects its progressivity. It suggests a measure of progressive capacity of tax systems, based on the Kakwani index, but independent of pre-tax income distributions. Using this and other progressivity measures, the paper (i) documents a...
Persistent link: https://www.econbiz.de/10012895137
households are liquidity constrained. If these developments continue, the impact of fiscal policy on the economy will gradually …
Persistent link: https://www.econbiz.de/10012977770