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Sweden´s Pensioners: How They Have Fared in theRoller Coaster Ride through the Past Decade and aHalf of Deep Recession and Economic Exuberance
Gustafsson, Björn; Johansson, Mats; Palmer, Edward - Forschungsinstitut zur Zukunft der Arbeit <Bonn> - 2007
This study analyses the development of the economic well-being of the elderly in Swedensince 1990 - a period characterized by increased influence from the financial market andextreme economic events - using data from the Household Income Survey. The elderly werenot isolated as pensions were cut,...
Persistent link: https://www.econbiz.de/10005860764
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Sweden’s Pensioners: How They Have Fared in the Roller Coaster Ride through the Past Decade and a Half of Deep Recession and Economic Exuberance
Gustafsson, Björn; Johansson, Mats; Palmer, Edward - Institute for the Study of Labor (IZA) - 2007
hand, poverty increased in absolute terms. In contrast in the following years of rapid economic growth, the growth in the … income of the pensioners fell behind that of workers and relative poverty increased. The analysis shows that the limited … resources of many of the elderly put them close to a socially interesting poverty line. Income inequality among the elderly has …
Persistent link: https://www.econbiz.de/10005703767
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Do Pension Benefits Accelerate Cognitive Decline? Evidence from Rural China
Nikolov, Plamen; Hossain, Md Shahadath - 2022
Economists have mainly focused on human capital accumulation, rather than on the causes and consequences of human capital depreciation in late adulthood. To investigate how human capital depreciates over the life cycle, we examine how a newly introduced pension program, the National Rural...
Persistent link: https://www.econbiz.de/10013470505
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Effects of Intergenerational Transfers on Elderly Coresidence with Adult Children: Evidence from Rural India
Pal, Sarmistha - Institute for the Study of Labor (IZA) - 2007
The present paper argues that intergenerational transfers between elderly parents and adult children are important determinants of any coresidency arrangement though generally overlooked in the existing literature. In this respect the paper distinguishes between exchange of both financial and...
Persistent link: https://www.econbiz.de/10005822144
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Addressing Longevity Heterogeneity in Pension Scheme Design and Reform
Ayuso, Mercedes; Bravo, Jorge Miguel; Holzmann, Robert - 2016
This paper demonstrates that the link between heterogeneity in longevity and lifetime income across countries is mostly high and often increasing; that it translates into an implicit tax/subsidy, with rates reaching 20 percent and higher in some countries; that such rates risk perverting...
Persistent link: https://www.econbiz.de/10011584693
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Getting Life Expectancy Estimates Right for Pension Policy: Period versus Cohort Approach
Ayuso, Mercedes; Bravo, Jorge Miguel; Holzmann, Robert - 2018
In many policy areas it is essential to use the best estimates of life expectancy, but such estimates are vital to most areas of pension policy – from indexed access age and the calculation of initial benefits to the financial sustainability of pension schemes and the operation of their...
Persistent link: https://www.econbiz.de/10011873516
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NDC Schemes and Heterogeneity in Longevity: Proposals for Redesign
Holzmann, Robert; Alonso-García, Jennifer; … - 2017
Strong and rising empirical evidence across countries finds that longevity is highly heterogeneous in key socioeconomic characteristics, including income. A positive relationship between lifetime income and life expectancy at retirement amounts to a straight tax/subsidy mechanism when the...
Persistent link: https://www.econbiz.de/10011816465
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On the Heterogeneity in Longevity among Socioeconomic Groups: Scope, Trends, and Implications for Earnings-Related Pension Schemes
Ayuso, Mercedes; Bravo, Jorge Miguel; Holzmann, Robert - 2016
Heterogeneity in longevity between socioeconomic groups is increasingly documented for developed economies and is reviewed in the paper. Heterogeneity in life expectancy disaggregated by main socioeconomic characteristics – such as age, gender, race, health, education, profession, income, and...
Persistent link: https://www.econbiz.de/10011524991
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The Effect of Grandchildren on the Happiness of Grandparents: Does the Grandparent's Child's Gender Matter?
Yamamura, Eiji; Brunello, Giorgio - 2021
Using a representative sample from Japan and a difference-in-differences strategy, we investigate whether the effect of having grandchildren on the happiness of grandparents varies with the gender of their (own) single child. In line with our expectations, we find that maternal grandmothers have...
Persistent link: https://www.econbiz.de/10012497982
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Approval of Equal Rights and Gender Differences in Well-Being
Lalive, Rafael; Stutzer, Alois - 2004
Women earn less than men but are not less satisfied with life. This paper argues that norms on the appropriate pay for … women compared to men explain these findings. We take citizens? approval of an equal rights amendment to the Swiss … constitution as a proxy for the norm that ?women and men shall have the right to equal pay for work of equal value?. We find that …
Persistent link: https://www.econbiz.de/10010261957