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"Should I Pay for You or for Myself"? The Optimal Level and Composition of Retirement Benefit Systems
van Praag, Bernard M. S.; Cardoso, Pedro - 2001
Feldstein [1985] posed the questions of what would be the optimal level of retirement benefit, and what would be the optimal mix between the pay-as-you-go system and the funded pension system under the assumption of an exogenous interest rate. We reconsider the problem with the addition of a...
Persistent link: https://www.econbiz.de/10010276956
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Completing the Monetary Union of Europe as Mid-term Solution of the Euro Crisis
Fischer, Justina A.V.; Pastore, Francesco - 2015
This research note discusses the Euro crisis in Greece in light of the referendum of July the 5th. It lays out the social and political costs of a GREXIT, but also of a continuing austerity policy. It proposes a reform policy fostering growth in Greece and discusses the role of conditionality....
Persistent link: https://www.econbiz.de/10011307457
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NDC: The Generic Old-Age Pension Scheme
Góra, Marek; Palmer, Edward - 2019
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/10012005922
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Health Status, Disability and Retirement Incentives in Belgium
Jousten, Alain; Lefèbvre, Mathieu; Perelman, Sergio - 2013
identified: old-age pensions, conventional early retirement, disability insurance, and unemployment insurance are the most …
Persistent link: https://www.econbiz.de/10010328889
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Retirement Incentives in Belgium: Estimations and Simulations Using SHARE Data
Jousten, Alain; Lefèbvre, Mathieu - 2013
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). Exploring the longitudinal nature of SHARELIFE,...
Persistent link: https://www.econbiz.de/10010319568
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Health Status, Disability and Retirement Incentives in Belgium
Jousten, Alain; Lefèbvre, Mathieu; Perelman, Sergio - Institute for the Study of Labor (IZA) - 2013
identified: old-age pensions, conventional early retirement, disability insurance, and unemployment insurance are the most …
Persistent link: https://www.econbiz.de/10011271992
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Retirement Incentives in Belgium: Estimations and Simulations Using SHARE Data
Jousten, Alain; Lefèbvre, Mathieu - Institute for the Study of Labor (IZA) - 2013
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). Exploring the longitudinal nature of...
Persistent link: https://www.econbiz.de/10011271996
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‘Voluntary’ and ‘Involuntary’ Early Retirement: An International Analysis
Dorn, David; Sousa-Poza, Alfonso - Institute for the Study of Labor (IZA) - 2007
Recent literature makes a distinction between 'voluntary' and 'involuntary' early retirement, where 'involuntary' early retirement results from employment constraints rather than from a preference for leisure relative to work. This paper analyzes 'voluntary' and 'involuntary' early retirement...
Persistent link: https://www.econbiz.de/10005703195
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(Lack of) Pension Knowledge
Barrett, Alan; Mosca, Irene; Whelan, Brendan J. - 2013
Governments are increasingly concerned about the capacity of pensions systems to meet demands in the coming years … well-informed about pensions. However, there are many reasons to believe that individuals may not be well-informed due to … the complexity of pensions systems and degrees of myopia. In this paper, we assess levels of knowledge of pensions using a …
Persistent link: https://www.econbiz.de/10010328975
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Working Beyond 65 in Ireland
Nolan, Anne; Barrett, Alan - 2018
Extending working lives is often proposed as one route through which the costs associated with population ageing can be managed. In that context, understanding who currently works for longer can help policymakers to design policies to facilitate longer working. In particular, it is important to...
Persistent link: https://www.econbiz.de/10011931629