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State and Local Pension Plans
Mitchell, Olivia S. - 1995
This paper examines the role and function of pension plans covering state and local government employees in the United … management of these plans, and identify some of the prominent challenges facing these pension plans in the next decade …
Persistent link: https://www.econbiz.de/10012473604
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"Double Dipping" : The Combined Effects of Social Security and Civil Service Pensions on Employee Retirement
Burtless, Gary - 1981
-Security-covered employment. The prevalence of double pension coverage among government employees has raised serious equity questions about the … treatment of civil servants by Social Security, and these questions have led to various suggestions for pension reform. Partly … double pension coverage of government employees. Our analysis finds: (1) Both the amount of a Federal pension entitlement and …
Persistent link: https://www.econbiz.de/10012478313
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Pension Plan Integration as Insurance Against Social Security Risk
Merton, Robert C. - 1984
The manifest purposes of integrating an employer-provided pension plan with social security are:(1) to ensure … consequences of integrating pension plans with social security …
Persistent link: https://www.econbiz.de/10012477720
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Is This Time Different? : The Safety Net Response to the Pandemic Recession
Hembre, Erik A.; Moffitt, Robert A.; Ziliak, James P. - National Bureau of Economic Research - 2023
The federal government enacted massive spending in the Pandemic Recession. But was this spending scaled to the magnitude of the economic downturn? We examine the responsiveness of the safety net to the Pandemic Recession and compare it to that in the Great Recession. Using monthly state-level...
Persistent link: https://www.econbiz.de/10014322904
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Safety Nets and Social Welfare Expenditures in World Economic History
Fishback, Price Van Meter - National Bureau of Economic Research - 2022
The safety nets in high-income countries before 1900 and in low-income countries today were based on savings and aid from extended family, friends, charities, churches, and small amounts from local governments. Mutual societies and eventually insurance companies offered insurance against lost...
Persistent link: https://www.econbiz.de/10013210095
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Is Social Protection a Luxury Good?
Lokshin, Michael; Ravallion, Martin; Torre, Iván - National Bureau of Economic Research - 2022
The claim that social protection is a luxury good--with a national income elasticity exceeding unity--has as been influential. The paper tests the "luxury good hypothesis" using newly-assembled data on social protection spending across countries since 1995, treating the pandemic period...
Persistent link: https://www.econbiz.de/10013388840
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Genetic Endowments, Income Dynamics, and Wealth Accumulation Over the Lifecycle
Barth, Daniel; Papageorge, Nicholas W.; Thom, Kevin; … - National Bureau of Economic Research - 2022
We develop and estimate a life-cycle consumption savings model in which observed genetic variation is allowed to affect wealth accumulation through several distinct channels. We focus on genetic markers that predict educational attainment, aggregated into a predictive index called a polygenic...
Persistent link: https://www.econbiz.de/10013362004
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Social Protection in the Developing World
Banerjee, Abhijit V.; Hanna, Rema; Olken, Benjamin A.; … - National Bureau of Economic Research - 2024
Social protection programs have become increasingly widespread in low- and middle-income countries, with their own distinct characteristics to match the environments in which they are operating. This paper reviews the growing literature on the design and impact of these programs. We review how...
Persistent link: https://www.econbiz.de/10014528421
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Funding in Public Sector Pension Plans - International Evidence
Ponds, Eduard - 2011
In order to arrive at a fair comparison between countries regarding the fiscal burden of their DB public sector pension … plans, this paper gathers more evidence on public sector pension plans regarding the type of pension promise and quantifies … the future tax burden related to these pension promises. The reported liabilities are recalculated using both a fair value …
Persistent link: https://www.econbiz.de/10012461575
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Public Plans and Short-Term Employees
Munnell, Alicia - 2012
Public sector defined benefit pension plans are based on final earnings. As such, these plans are back-loaded; those …
Persistent link: https://www.econbiz.de/10012460212