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The introduction of NDC public pension scheme in few European countries, such as Latvia, Sweden, Italy, and Poland, in the nineties was motivated, among other things, by the need (i) to ensure the long term financial sustainability of the public pension system by linking pension returns to...
Persistent link: https://www.econbiz.de/10013136949
We set up an overlapping generations model with endogenous fertility to study pensions policies in an ageing economy. We show that an increasing life expectancy may not be detrimental for the economy or the pension system itself. On the other hand, conventional policy measures, such as...
Persistent link: https://www.econbiz.de/10012919500
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
Immigrants from low‐income source countries tend to be underrepresented in employment and overrepresented in social insurance programs. Based on administrative data from Norway, we examine how these gaps reflect systematic differences in the impacts of social insurance benefits on work...
Persistent link: https://www.econbiz.de/10012920436
This paper studies retirement and child support policies in a small, open, overlapping-generations economy with PAYG social security and endogenous retirement and fertility decisions. It demonstrates that neither fertility nor retirement choices necessarily coincide with socially optimal...
Persistent link: https://www.econbiz.de/10013251539
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/10013087869
immigration under continuous impact evaluation. However, of the several studies that dealt with patterns and consequences aspects …
Persistent link: https://www.econbiz.de/10013129911
Destination countries are progressively shifting towards selective immigration policies. These can effectively increase … migrants' average education even if one allows for endogenous schooling decisions and education policies at origin. Still, more … selective immigration policies reduce social welfare at origin …
Persistent link: https://www.econbiz.de/10013134809
between remittances and migrants' education is ambiguous and depends on the immigration policy conducted at destination. The …, suggesting that immigration policies determine the sign and magnitude of the relationship between remittances and migrants …We investigate the relationship between remittances and migrants' education both theoretically and empirically, using …
Persistent link: https://www.econbiz.de/10013118275
Netherlands, which implies that all migrants are (self)-employed at the time of arrival. We find that many migrants leave the … the dynamics. Microsimulations of synthetic cohorts reveal that many migrants experience unemployment spells, but ten … only increase the unemployment among migrants but also departure from the country. Scenarios also indicate that an increase …
Persistent link: https://www.econbiz.de/10013154986