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This paper reviews the factors that should guide the design of private funded pensions to create a complete pension system alongside a notional defined contribution-or public-component. It argues that a mix of public and private pensions is the most effective option to deliver the best...
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This paper develops and estimates a dynamic model of individuals' and couples' labor supply, savings, and retirement … running nationwide private retirements accounts systems in the world, operating since 1980. It has served as a model for many … increasing women's retirement age to be equal to men's …
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World Bank income groups for all summary measures, along with correlations between the summary measures and macroeconomic …
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