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The Impact of Introduction of Funded Pension Schemes on Intragenerational Inequality in Estonia : A Cohort Microsimulation Analysis

Vork, Andres - 2015

This paper uses a cohort microsimulation model to analyse intragenerational distributional effects of a shift from a … pensions under alternative pension schemes taking into account economic and demographic changes. Our results show that in case … strong link between contributions and future pensions leads to considerably higher inequality of pensions.Simulation results …

Persistent link: https://www.econbiz.de/10013017223

Satisfaction with Daily Activities after Retirement in Europe

Bonsang, Eric; van Soest, Arthur - 2012

This paper analyses the determinants of satisfaction with daily activities among retirees aged 65 years or older in eleven European countries. We use data from the Survey of Health, Ageing and Retirement in Europe on self-assessed satisfaction with daily activities and anchoring vignettes to...

Persistent link: https://www.econbiz.de/10014165458

Behavioral Decisions and Welfare

Dalton, Patricio S. - 2011

Allowing for the possibility that individuals may not always act in their best interest, what is the connection between choice and welfare? This paper addresses this concern by studying the normative implications of a general model of individual decision-making that allows for suboptimal...

Persistent link: https://www.econbiz.de/10013117282

Satisfaction with Job and Income Among Older Individuals Across European Countries

Bonsang, Eric - 2010

Using data on individuals of 50 and older from 11 European countries, we analyze two economic aspects of subjective well-being of older Europeans: satisfaction with household income, and job satisfaction. Both have been shown to contribute substantially to overall well-being (satisfaction with...

Persistent link: https://www.econbiz.de/10013146352

Satisfaction with Social Contacts and Daily Activities of Older Europeans

Bonsang, Eric - 2010

This paper analyses the determinants of two important components of well-being among individuals aged 65 years or older in eleven European countries: satisfaction with daily activities and satisfaction with social contacts. For this purpose we use data from the Survey of Health, Aging and...

Persistent link: https://www.econbiz.de/10013146354

Work Disability, Work, and Justification Bias in Europe and the U.S

Kapteyn, Arie; Smith, James P.; van Soest, Arthur - 2009

To analyze the effect of health on work, many studies use a simple self-assessed health measure based upon a question such as “do you have an impairment or health problem limiting the kind or amount of work you can do‘” A possible drawback of such a measure is the possibility that...

Persistent link: https://www.econbiz.de/10014203822

The Preference Survey Module : A Validated Instrument for Measuring Risk, Time, and Social Preferences

Falk, Armin - 2016

This paper presents an experimentally validated survey module to measure six key economic preferences - risk aversion, discounting, trust, altruism, positive and negative reciprocity - in a reliable, parsimonious and cost-effective way. The survey instruments included in the module were the best...

Persistent link: https://www.econbiz.de/10012999947

Nonresponse and Focal Point Answers to Subjective Probability Questions

van Soest, Arthur; Kleinjans, Kristin J. - 2010

We develop and estimate a panel data model explaining the answers to questions about subjective probabilities, using data from the US Health and Retirement Study. We explicitly account for nonresponse, rounding, and focal point “50 percent” answers. Our results indicate that for three of the...

Persistent link: https://www.econbiz.de/10014188707

Testing Parametric Models Using Anchoring Vignettes Against Nonparametric Alternatives

van Soest, Arthur - 2012

Comparing assessments of health, job satisfaction, etc. on a subjective scale across countries or socio-economic groups is often hampered by differences in response scales across groups. Anchoring vignettes help to correct for such differences, either in parametric models (CHOPIT and extensions)...

Persistent link: https://www.econbiz.de/10013107265

How Sensitive are Retirement Decisions to Financial Incentives : A Stated Preference Analysis

Vonkova, Hana - 2010

We analyze stated preference data on retirement. Survey respondents of ages 25 and older in the Netherlands were given hypothetical retirement scenarios describing the age(s) of (partial and full) retirement and corresponding replacement rates. Several types of retirement trajectories were...

Persistent link: https://www.econbiz.de/10013146351

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