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The Farm, the City, and the Emergence of Social Security

Caucutt, Elizabeth M.; Cooley, Thomas F.; Guner, Nezih - 2021

In this paper we study the social, demographic and economic origins of social security. The data for the U.S. and for a cross section of countries make it clear that urbanization and industrialization are strongly associated with the rise of social insurance. We describe a model economy in which...

Persistent link: https://www.econbiz.de/10013324939

Who Wins? Evaluating the Impact of UK Public Sector Pension Scheme Reforms

Danzer, Alexander M. - 2016

sector schemes by level of education. Specifically, we simulate the occupation specific Defined Benefit (DB) pension wealth …

Persistent link: https://www.econbiz.de/10012990874

Disability Benefit Generosity and Labor Force Withdrawal

Mullen, Kathleen J. - 2016

A key component for estimating the optimal size and structure of disability insurance (DI) programs is the elasticity of DI claiming with respect to benefit generosity. Yet, in many countries, including the United States, all workers face identical benefit schedules, which are a function of...

Persistent link: https://www.econbiz.de/10013002458

Have You Heard the News? How Real-Life Expectations React to Publicity

van der Wiel, Karen - 2009

As evidence is accumulating that subjective expectations influence behavior and that these expectations are sometimes biased, it becomes policy-relevant to know how to influence individuals' expectations. Information in the media is likely to affect how people picture the future. This paper...

Persistent link: https://www.econbiz.de/10012764237

How Did the Elimination of the Earnings Test Above the Normal Retirement Age Affect Retirement Expectations?

Michaud, Pierre-Carl; Soest, Arthur van - 2021

We look at the effect of the 2000 repeal of the earnings test above the normal retirement age (NRA) on retirement expectations of male workers in the Health and Retirement Study (HRS). Using administrative records on Social Security benefit entitlements linked to the HRS survey data, we can...

Persistent link: https://www.econbiz.de/10013316961

The Effect of Public Pension Wealth on Saving and Expenditure

Lachowska, Marta - 2015

pension wealth created by Poland's 1999 pension reform. Using the 1997–2003 Polish Household Budget Surveys, we begin by … identify the effect of pension wealth on private saving by using the cohort-by-time variation in pension wealth that is … explained by the reform. We find that one additional Polish zloty, or PLN, of pension wealth crowds out about 0.24 PLN in …

Persistent link: https://www.econbiz.de/10013026410

Old-Age Pension and Extended Families : How is Adult Children's Internal Migration Affected?

Chen, Xi - 2016

This paper makes use of the most recent social pension reform in rural China to examine whether receipt of the pension payment equips adult children of pensioners to migrate. Employing a regression discontinuity (hereafter RD) design to a primary longitudinal survey, this paper overcomes...

Persistent link: https://www.econbiz.de/10012987680

Old-Age Government Transfers and the Crowding Out of Private Gifts : The 70 and Above Program for the Rural Elderly in Mexico

Amuedo Dorantes, Catalina - 2013

We estimate the crowding out of private transfers caused by 70 y Más – a public assistance program for the rural elderly in Mexico for whom family support is an important source of income. Using data from the Mexican Income and Expenditure Survey and a triple difference approach, we find that...

Persistent link: https://www.econbiz.de/10013071752

Taxing Pensions

Cremer, Helmuth - 2016

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

The Income of the Swedish Baby Boomers

Flood, Lennart - 2006

This paper studies the income of Swedish households belonging to the baby boom generation, i.e., those born in the 1940-50. An international comparison as well as an historical presentation of income patterns is given. However, the main purpose is to generate the future income of the baby boom...

Persistent link: https://www.econbiz.de/10012779197