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retirement benefits, even marginal income from labour leads to loss of all benefits, thus discouraging part time work. Also there …In this paper we give an overview of labour supply incentives present in the Estonian income support system and how … participate in the labour market, in general. Also the gradual introduction of contribution based and earnings related benefits …
Persistent link: https://www.econbiz.de/10010273968
curtailment. While Congress will most probably prevent benefits from being reduced for retirees and those nearing retirement, the …
Persistent link: https://www.econbiz.de/10014581826
supply and endogenous retirement. In this environment, the optimal labor tax is hump-shaped in age: insurance benefits of … taxation push for increasing-in-age taxes while rising labor supply elasticities and optimal late retirement of highly … combination of age-dependent linear taxes with increasing-in-age retirement benefits generates welfare gains close to optimal. …
Persistent link: https://www.econbiz.de/10012030361
This paper exploits a natural policy experiment to directly identify the crowding out effects of public transfers on the incidence and level of private transfers. The introduction of a large social security program in Taiwan is used to estimate the effect of an exogenous increase in government...
Persistent link: https://www.econbiz.de/10010292228
Evidence from around the world suggests that individuals who are awarded disability benefits in some cases still have residual working capacity, while disability insurance systems typically involve strong disincentives for benefit recipients to work. Some countries have introduced policies to...
Persistent link: https://www.econbiz.de/10012039288
pattern is especially pronounced among the elderly and women and reflects labour supply behaviour in these groups. The policy … for early retirement, old-age pensions and taxes and benefits. …
Persistent link: https://www.econbiz.de/10012039322
This paper looks at welfare reforms in Italy and their effects on labour supply. I focus on social security reforms …, which have taken place in the 1990s and on labour market reforms. Old age social security expenditure in Italy is high (14 …% of GDP) and the system has been very generous on early retirement possibilities: the reforms have tried to tackle these …
Persistent link: https://www.econbiz.de/10010273928
In this paper we provide a description of the labor market in the Netherlands. Compared to other OECD countries labor force participation is high and the unemployment rate is low (also for young workers). Among the unemployed there are, however, relatively many long-term unemployed workers....
Persistent link: https://www.econbiz.de/10010273960
This paper reviews how income-support systems affect labour force participation in the UK. The UK's approach to social … the private sector, and a unification of the different labour market programmes. …
Persistent link: https://www.econbiz.de/10010273971
We consider a life-cycle model with idiosyncratic risk in labor earnings, out-of-pocket medical and nursing home expenses, and survival. Partial insurance is available through welfare, Medicaid, and social security. Calibrating the model to the United States, we find that 12 percent of aggregate...
Persistent link: https://www.econbiz.de/10010292233