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Many Western countries with an aging population consider reforms of their pay-as-you-go pension systems. In Sweden a new pension system has already been decided and implemented. This paper gives a brief background to the Swedish reforms in the 1990s and explains the structure of the new system.
Persistent link: https://www.econbiz.de/10010321800
Ageing puts a strain on most countries' pension systems; forecasts show them to be more or less unsustainable. Evidence from social choice research, theoretical as well as empirical, does not seem to offer a way out of the dilemma, as the median voter will resist a reform. Despite this, Sweden...
Persistent link: https://www.econbiz.de/10013208489
This paper studies the impact of raising the eligibility age of early retirement on the re-integration into the labor market of elderly unemployed workers. I exploit two Austrian pension reforms increasing the early retirement age step-wise for different quarter-of-birth cohorts. Empirical...
Persistent link: https://www.econbiz.de/10012662706
This paper investigates to what extent the 1998 reform of Sweden's public old-age pension system contributed to the increase in extensive margin labor supply among older workers seen in the country in recent decades. We use a large data set containing all males and females born in Sweden between...
Persistent link: https://www.econbiz.de/10013394344
This essay estimates the causal effect of postponing retirement on a wide range of health outcomes using Swedish administrative data on cause-specific mortality, hospitalizations and drug prescriptions. Exogenous variation in retirement timing comes from a reform which raised the age at which...
Persistent link: https://www.econbiz.de/10011695394
The Swedish pension reform of 1999-2003 provides an opportunity to study whether and how important economic incentives are for the timing of retirement. The new pension system provides a much closer link between contributions and benefits than the former system. I study whether the reform has...
Persistent link: https://www.econbiz.de/10010321383
Population ageing affects most countries, especially developed ones. The elderly have increased in number as a result of increased longevity and a parallel decline in fertility. This phenomenon is placing an increasing burden on the young to finance intergenerational transfers to the old, which...
Persistent link: https://www.econbiz.de/10012057430
asymmetry and sensitivity of labor force participation decisions are found across gender, age, and education groups, and these …
Persistent link: https://www.econbiz.de/10010292322
exist that quantify the disadvantage of immigrant children in education and there has not been any attempt to identify … institutional conditions of the education system that contribute to educational integration. Using data from five international …)integration is related to institutional characteristics of the schooling system. The study shows that early education, time in school …
Persistent link: https://www.econbiz.de/10010294526
insurance against unemployment caused by labor market frictions and hence increases the incentives for education. We show within … a matching model that reducing the start-up costs for new firms results in higher take-up rates of education. It also …
Persistent link: https://www.econbiz.de/10010294544