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Public Pension Reforms and Retirement Decisions : Narrative Evidence and Aggregate Implications
Bi, Huixin; Zubairy, Sarah - National Bureau of Economic Research - 2022
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
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Labor Supply and the Pension-Contribution Link
French, Eric; Lindner, Attila; O'Dea, Cormac; Zawisza, … - National Bureau of Economic Research - 2022
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
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Communicating Social Security Reform
Caplin, Andrew; Lee, Eungik; Leth-Petersen, Søren; … - National Bureau of Economic Research - 2022
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
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Retirement Consumption and Pension Design
Kolsrud, Jonas; Landais, Camille; Reck, Daniel; … - National Bureau of Economic Research - 2023
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
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Pension Reforms and Inequality in Germany : Micro-Modelling
Börsch-Supan, Axel; Rausch, Johannes; Salerno, Luca - National Bureau of Economic Research - 2024
Germany, like many other countries, has undergone a series of pension reforms since the 1980s which generally decreased benefit generosity and increased the retirement age due to demographic pressures. This paper investigates whether these reforms have increased income and wealth inequality...
Persistent link: https://www.econbiz.de/10015056120
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The Negligible Effect of Free Contraception on Fertility : Experimental Evidence from Burkina Faso
Dupas, Pascaline; Jayachandran, Seema; Lleras-Muney, Adriana - National Bureau of Economic Research - 2024
limited access to contraception is an important driver of high fertility rates in West Africa. We do not find support for this … about family size and contraception, and social pressure. Free contraception did not influence fertility even in combination …
Persistent link: https://www.econbiz.de/10014544706
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Fertility Beliefs and Outcomes : The Role of Relationship Status and Attractiveness
Gong, Yifan; Skura, Tyler; Stinebrickner, Ralph; … - National Bureau of Economic Research - 2024
Unique data from the Berea Panel Study provides new evidence about fertility outcomes before age 30 and beliefs about …, while married individuals have very accurate beliefs. Novel attractiveness measures are central for understanding fertility …
Persistent link: https://www.econbiz.de/10014576607
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The Cyclicality of Births and Babies' Health, Revisited : Evidence from Unemployment Insurance
Dettling, Lisa J.; Kearney, Melissa Schettini - National Bureau of Economic Research - 2023
through unemployment insurance (UI). We introduce a novel empirical test of standard neoclassical models of fertility that … fertility rates. This implies that the well-documented cyclical nature of fertility rates is about access to liquidity. We also …
Persistent link: https://www.econbiz.de/10014226134
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Estimating Causal Effects of Fertility on Life Course Outcomes : Evidence Using A Dyadic Genetic Instrumental Variable Approach
Zheng, Boyan; Lu, Qiongshi; Fletcher, Jason - National Bureau of Economic Research - 2023
The causal effects of fertility are a central focus in the social sciences, but the analysis is challenged by the … endogeneity of fertility choices. Earlier work has proposed several "natural experiments" from twin births or gender composition … rare (twins) and weak (gender composition) instrumental variables for fertility. This paper proposes a new "natural …
Persistent link: https://www.econbiz.de/10014226152
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Fortunate Families? : The Effects of Wealth on Marriage and Fertility
Cesarini, David; Lindqvist, Erik; Östling, Robert; … - National Bureau of Economic Research - 2023
We estimate the effects of large, positive wealth shocks on marriage and fertility in a sample of Swedish lottery …'s attractiveness as prospective and current partners. Wealth also increases male fertility. The only discernible effect on female …
Persistent link: https://www.econbiz.de/10014247960