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The ageing of populations and hampering economic growth increase pressure on public fi-nances in many advanced capitalist societies. Consequently, governments have adopted pen-sion reforms in order to relieve pressure on public finances. These reforms have contributed to a relative shift from...
Persistent link: https://www.econbiz.de/10009277869
retirement at standard/pivotal values for age/seniority. …
Persistent link: https://www.econbiz.de/10011112697
This paper examines social security increases in Ireland as a case study of the existence of political budget cycles in European countries. Ireland is an appropriate country to examine, first because it has a system of proportional representation and some studies suggest that proportional...
Persistent link: https://www.econbiz.de/10005836759
In this paper, we model an overlapping generation economy affected by an unexpected immigration shock and determine how households would insure themselves against "immigration risks" efficiently. We use the model to study the impact of immigration on (i) the welfare of various generations, (ii)...
Persistent link: https://www.econbiz.de/10011113555
Since the early 90's, the Federal Planning Bureau assesses the sustainability of pensions in Belgium. Since a couple of years, it uses a dynamic microsimulation model, MIDAS_BE, to assess the development of the adequacy of pensions. This working paper illustrates the possibilities generated by...
Persistent link: https://www.econbiz.de/10008855800
at older ages. I assess my conjecture quantitatively with a life cycle general equilibrium model of retirement. At ages …
Persistent link: https://www.econbiz.de/10009403451
equilibrium model of retirement. I find that the differences in social security can indeed account for the differences in …
Persistent link: https://www.econbiz.de/10008549596
older ages. This conjecture is assessed quantitatively with a life cycle general equilibrium model of retirement. At ages 60 …
Persistent link: https://www.econbiz.de/10011107614
just those at the point of retirement, this approach can provide additional insights on the efficacy of pension systems in … less progressive, raising adequacy concerns for certain groups. In particular, unless the labour market outcomes of women … individuals above the 60% relative poverty threshold throughout retirement. Our simulations suggest that the gradual negative …
Persistent link: https://www.econbiz.de/10011259058
hypothetical cases. By focusing on all prospective pension transfers rather than just those at the point of retirement, this … the need of ensuring better access to labour markets, of having in place adequate crediting arrangements and minimum …
Persistent link: https://www.econbiz.de/10011110080