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Do Mandatory Pensions Decrease Household Savings? Evidence for the Netherlands
Euwals, Rob - 2004
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
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The Impact of Life-Course Developments on Pensions in the NDC Systems in Poland, Italy and Sweden and Point System in Germany
Chłoń-Domińczak, Agnieszka - 2018
Old-age pensions in the NDC systems reflect the accumulated lifetime labour income. Interrupted careers and differences in the employment rates, particularly between men and women will have a significant impact on pension incomes in NDC countries. In the paper, we compare the labour market...
Persistent link: https://www.econbiz.de/10012926703
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The Effect of Pension Subsidies on the Retirement Timing of Older Women : Evidence from a Kink Design in Germany
Ye, Han - 2019
I estimate the effect of additional pension benefits on women's retirement decisions by examining a German pension subsidy program for low-pay workers. The subsidies have a kinked relationship with the recipients' past contributions, creating a sharply different slope of benefits for similar...
Persistent link: https://www.econbiz.de/10012890153
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Is Social Security Secure with NDC?
Boeri, Tito - 2010
retirees in Italy and Sweden of a current labor market reform: the introduction of a unique labor market contract, aimed at …
Persistent link: https://www.econbiz.de/10013136949
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Global Pension Systems and Their Reform : Worldwide Drivers, Trends, and Challenges
Holzmann, Robert - 2012
, 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 … trends across pension pillars; and (iii) to identify a few areas on which the pension reform community will need to focus to …
Persistent link: https://www.econbiz.de/10013099759
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(Lack of) Pension Knowledge
Barrett, Alan - 2013
Governments are increasingly concerned about the capacity of pensions systems to meet demands in the coming years. According to the OECD, one part of the policy response in many countries will be greater private provision on the part of individuals through occupational and other pension...
Persistent link: https://www.econbiz.de/10013076158
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The Health Implications of Social Pensions : Evidence from China's New Rural Pension Scheme
Cheng, Lingguo - 2016
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
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Dynamic Incentives in Retirement Earnings-Replacement Benefits
Dean, Andrés - 2020
Many defined-benefit pension systems in developed and developing countries use a small set of final years of earnings to compute pension benefits. This provides dynamic incentives to report higher earnings in the final years of the career. In this paper, we document the responses of...
Persistent link: https://www.econbiz.de/10012840954
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Demography and Provisions for Retirement : The Pension Composition, a Behavioral Approach
van Praag, B.M.S. - 2020
Pensions may be provided for in a modern society by a mix of several methods, namely by voluntary individual savings, mandatory fully-funded occupational pension systems, mandatory social security financed by pay-as-you-go, and old-fashioned hoarding in cash. Here, we call the specific mixture...
Persistent link: https://www.econbiz.de/10012843162
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The Impact of Social Pensions on Intergenerational Relationships : Comparative Evidence from China
Chen, Xi - 2017
China launched a new rural pension scheme (hereafter NRPS) for rural residents in 2009, now covering almost all counties with over 400 million people enrolled. This implementation of the largest social pension program in the world offers a unique setting for studying the economics of...
Persistent link: https://www.econbiz.de/10012957478