Showing 1 - 10 of 338
retirement at standard/pivotal values for age/seniority. …
Persistent link: https://www.econbiz.de/10011112697
unemployment to the change in the level of labour force in Canada. Inherently, our model belongs to the class of Phillips curve … uncorrelated noise and systematic errors. Our previous model of inflation and unemployment in Canada is enhanced by the … price inflation accompanied by a substantial fall in the rate of unemployment. Therefore, the new monetary policy in Canada …
Persistent link: https://www.econbiz.de/10008927057
Potential links between inflation and unemployment in Canada have been examined. No consistent Phillips curve has been … between inflation, unemployment and labor force has been obtained for Canada. Similar relationships were reported previously … found likely due to strong changes in monetary policy of the Bank of Canada. However, there were two distinct periods where …
Persistent link: https://www.econbiz.de/10005623216
This study explores the factors that affect an individual’s happiness while transitioning into retirement. Recent … studies highlight gradual retirement as an attractive option to older workers as they approach full retirement. However, it is … not clear whether phasing or cold turkey makes for a happier retirement. Using longitudinal data from the Health and …
Persistent link: https://www.econbiz.de/10011267891
just those at the point of retirement, this approach can provide additional insights on the efficacy of pension systems in … individuals above the 60% relative poverty threshold throughout retirement. Our simulations suggest that the gradual negative … lengthening of the time spent in receipt of retirement benefits. The consumption smoothing function of state pensions has declined …
Persistent link: https://www.econbiz.de/10011259058
deepening, and indirect effects, working through changes of taxes, government spending components and the retirement age in …. The closed-form solutions of the model predict taxation and the retirement age in OECD economies to increase in response … to demographic ageing and per-capita growth to accelerate. If the retirement age were held constant, the growth rate in …
Persistent link: https://www.econbiz.de/10011259148
Most assessments of pension sustainability focus on the projected fall in spending. However interest in the impact on adequacy, usually measured by replacement rates, is increasing. In this paper we show that replacement rates have significant defects, related to being point-in-time indicators...
Persistent link: https://www.econbiz.de/10011259498
led to the setting up of innovative minimum pension schemes and credits for periods of childcare and unemployment. The …
Persistent link: https://www.econbiz.de/10011260707
We investigate the effect of an acute health shock on retirement among elderly male workers in Denmark, 1991-1999, and … in particular whether various welfare state programs and institutions impinge on the retirement effect. The results show … that an acute health event increases the retirement chances of elderly male workers by 8%, and that this increase in the …
Persistent link: https://www.econbiz.de/10005025691
This study explores the factors that affect an individual’s happiness while transitioning into retirement. Recent … studies highlight gradual retirement as an attractive option to older workers as they approach full retirement. However, it is … not clear whether phasing or cold turkey makes for a happier retirement. Using longitudinal data from the Health and …
Persistent link: https://www.econbiz.de/10005260123