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This paper estimates the causal effect of income on health outcomes of the elderly and investigates underlying mechanisms by exploiting an income change induced by the launch of China's New Rural Pension scheme (NRPS). Using this policy experiment, we address the endogeneity of pension income by...
Persistent link: https://www.econbiz.de/10013001346
This chapter defines a universal public pension scheme (UPPS) as a government-mandated lifecycle longevity insurance scheme that transfers individual consumption from the working years to the retirement phase of the lifecycle. It discusses the differences in four UPPS designs defined with regard...
Persistent link: https://www.econbiz.de/10012870259
lifecycle labor supply and savings decisions; and that this in turn risks invalidating current reform approaches of a closer …
Persistent link: https://www.econbiz.de/10012978166
There exists a wide variety of tax treatments of pensions across the world. And the reasons for such a range of regimes …
Persistent link: https://www.econbiz.de/10012996521
Pension schemes in the Netherlands allow workers to redistribute their own pension wealth to increase the survivor …
Persistent link: https://www.econbiz.de/10012862461
Retirement ages among older Americans have only recently begun to increase after a precipitous fifty-year decline. Early retirement may result from incentives provided by retirement systems; but it may also result from the rigidities imposed by market work schedules. Using the American Time Use...
Persistent link: https://www.econbiz.de/10012778540
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/10012786283
Using data from a stated preferences experiment in the Netherlands, we find that replacing full-time pension schemes …
Persistent link: https://www.econbiz.de/10013013569
Portability of social benefits across professions and countries is an increasing concern for individuals and policy makers. Lacking or incomplete transfers of acquired social rights are feared to negatively impact individual labor market decisions as well as capacity to address social risks with...
Persistent link: https://www.econbiz.de/10013124777
Across the world, pension systems and their reforms are in a constant state of flux driven by shifting objectives …, moving reform needs, and a changing enabling environment. The ongoing worldwide financial crisis and the adjustment to an … threefold: (i) to briefly review recent and ongoing key changes that are triggering reforms; (ii) to outline the main reform …
Persistent link: https://www.econbiz.de/10013099759