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There exists a wide variety of tax treatments of pensions across the world. And the reasons for such a range of regimes are not clear. This note reviews the general principles of pension taxes and analyses the theoretical foundations of why pension incomes ought to be taxed specifically. To do...
Persistent link: https://www.econbiz.de/10012996521
family income before retirement across partners, as well as the survival likelihood of the partner and the number of years …
Persistent link: https://www.econbiz.de/10012862461
to offer individual retirement accounts, similar to defined contribution plans. How likely to participate are workers who …
Persistent link: https://www.econbiz.de/10013077328
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
scheme that transfers individual consumption from the working years to the retirement phase of the lifecycle. It discusses … postpone retirement marginally toward the end of the working life. The chapter examines additional criteria (fairness …
Persistent link: https://www.econbiz.de/10012870259
contribution-benefit link and life expectancy-indexed retirement age. All of this calls for mechanisms that neutralize or at least …
Persistent link: https://www.econbiz.de/10012978166
This paper estimates a structured life cycle model of family retirement decision using a unique historical dataset back … simulated from Living in Ireland survey. Our model takes the advantages of the dataset and models retirement decisions in terms … incorporate complimentary leisure, which allows us to analyse the interactions of spouses' retirement timing. This methodology …
Persistent link: https://www.econbiz.de/10013121765
Retirement behaviours and elderly poverty issues have been the subject of much attention and discussion in recent years … European countries, but is also struggling with increasing fiscal pressures. This paper analyses the retirement pattern and the … associated with the replacement rates and retirement behaviours, and explores the heterogeneities of replacement rates among …
Persistent link: https://www.econbiz.de/10013121766
The paper studies retirement behavior of wage‐earners in Belgium – for the first time using rich survey data to explore … retirement incentives as faced by individuals. Specifically, we use SHARE data to estimate a model à la Stock and Wise (1990 … explicitly takes into account the different take‐up rates of the various early retirement exit paths across time and ages. The …
Persistent link: https://www.econbiz.de/10013081825
Earlier literature has investigated the drop in household consumption upon retirement of the head of the household, the … so-called "retirement consumption puzzle". Here, we expand on these studies by considering also retirement of the wife … approach to estimate the effect of each partner's retirement on household consumption. We use for the analysis data drawn from …
Persistent link: https://www.econbiz.de/10013073440