Showing 1 - 10 of 1,250
Germany, like many other countries, has undergone a series of pension reforms since the 1980s which generally decreased …
Persistent link: https://www.econbiz.de/10015056120
We construct a database of public pension policy changes with motivation and implementation information for ten OECD countries. Structural pension reforms, motivated by long-run sustainability concerns, often come with prolonged phase-in periods. In response to pension retrenchments implemented...
Persistent link: https://www.econbiz.de/10013334383
We estimate the impact of public pension systems on labor supply far from the normal retirement age by exploiting Poland's switch from a Defined Benefit to a Notional Defined Contribution scheme for men born after 1948. Using the universe of taxpayers and this sharp cohort-based discontinuity in...
Persistent link: https://www.econbiz.de/10013334402
Despite its centrality in monetary policy, communication is not a focus in social security reform. We investigate the potential for active communication to dissipate apparently widespread public confusion about the future of social security. We implement a simple information treatment in which...
Persistent link: https://www.econbiz.de/10013462693
This paper analyzes consumption to evaluate the distributional effects of pension reforms. Using Swedish administrative data, we show that on average workers who retire earlier consume less while retired and experience larger drops in consumption around retirement. Interpreted via a theoretical...
Persistent link: https://www.econbiz.de/10014337860
How accurate are older people's expectations about their future Social Security benefits? Using panel data from the Health and Retirement Study, we compare respondents' observed Social Security claiming ages and benefits with subjective expectations provided during their 50s and early 60s. We...
Persistent link: https://www.econbiz.de/10014247944
In this paper, we use micro data on a large number of European countries from the Survey of Health, Ageing and Retirement in Europe (SHARE) to examine the wealth accumulation (saving) behavior of the retired elderly in Europe. To summarize our main findings, we find that less than half of the...
Persistent link: https://www.econbiz.de/10013388826
In this paper, we analyze the extent to what financial incentives have influenced individual and couples retirement … financial incentives that we link to individual survey data from the European Community Household Panel and the European Union ….54 for women). Furthermore, we find that couple incentives matter more in husband's retirement decisions than in wife …
Persistent link: https://www.econbiz.de/10014447277
We study a fundamental reform of the public Disability Insurance (DI) system in Germany. Effective 2001, cohorts born …
Persistent link: https://www.econbiz.de/10013477304
effects of financial incentives to postpone retirement …
Persistent link: https://www.econbiz.de/10014322769