It is well known that the take-up rate of the Dutch housing benefit and other means tested benefits is substantially below 100%. In order to measure non-take up one usually has to simulate entitlement to the benefits. In this paper we take a closer look at the quality of the simulation. We find...

This paper examines the effect of a housing assistance program on school enrollment, child labor and poverty reduction among poor families in Ecuador. Administrative data is merged to a household panel to link the history of a voucher application with socioeconomic information. Two empirical...

We exploit an age discontinuity in a Dutch disability insurance (DI) reform to identify the health impact of stricter eligibility criteria and reduced generosity. Women subject to the more stringent rule experience greater rates of hospitalization and mortality. A €1,000 reduction in annual...

It is well known that the take-up rate of the Dutch housing benefit and othermeans tested benefits is substantially below 100%. In order to measure non-take up oneusually has to simulate entitlement to the benefits. In this paper we take a closer look atthe quality of the simulation. We find...

In this paper we study the implications of population ageing in an economy with a sizeable non-traded goods sector. To this effect a highly stylized micro-founded macro model is constructed in which the age structure of the population plays a non-trivial role. The model distinguishes separate...

A model is presented that explains the mix between funded and unfunded pension systems. It turns out that total pension and the relative shares of the two systems may be explained and are determined by the population growth rate, technological growth, the time-preference discount rate, the...

We investigate numerically how indexation of funded pensions for inflation can be differ-

Using Italian data, we estimate an option value model to quantify the effect

This paper investigates the international spillovers of government debt and the associated risk of inflation within a monetary union when countries have different pension systems. I use a stochastic two-country two-period overlapping-generations model, where one country has PAYG pensions and the...

The stock market collapse led to political tensions between generations due to the fuzzy definition of the property rights over the pension funds’ wealth. The problem is best resolved by the introduction of generational accounts. Modern consumption and portfolio theory shows that the younger...