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Calculating the redistributive impact of pension systems in LAC
Altamirano, Alvaro; Oliveri, María Laura; Bosch Mossi, … - 2023
average, LAC's pension systems are subsidized, as they provide pensions above what workers would have obtained by investing … replacement rates (pensions relative to earnings) for low-income workers. Despite this progressivity, in some countries, absolute … much more progressive, but still, because low-income workers do not qualify for minimum pensions, between 50-60% of …
Persistent link: https://www.econbiz.de/10014545279
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The effect of pension wealth on employment
Becker, Sebastian; Buslei, Hermann; Geyer, Johannes; … - 2023
close to retirement. The age pattern is partly explained by the positive effect of pension wealth on disability pensions …
Persistent link: https://www.econbiz.de/10014370431
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Actuarial neutrality and financial incentives for early retirement in the Austrian pension system
Christl, Michael; Kucsera, Dénes - 2016
This paper studies actuarial neutrality in the Austrian pension system. It is often argued that actuarial neutrality constitutes an incentive for people to retire. We show that there are almost no financial incentives within the Austrian pension corridor when we use the traditional definition of...
Persistent link: https://www.econbiz.de/10011717795
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Calculating the redistributive impact of pension systems in LAC
Altamirano, Alvaro; Oliveri, María Laura; Bosch Mossi, … - 2023
Persistent link: https://www.econbiz.de/10014428338
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Public and private pension systems and macroeconomic volatility in OECD countries
Holzner, Mario; Jestl, Stefan; Pichler, David - 2019
This paper analyses the impact of public pension expenditures and pension funds' assets as well as their benefits on economic volatility. To do so, we use panel data for 35 OECD countries for the period 1980-2018 and apply a set of state-of-the-art econometric estimators. Our results show weak...
Persistent link: https://www.econbiz.de/10012153877
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The effect of increasing the state pension age to 66 on labour market activity
Cribb, Jonathan; Emmerson, Carl; O’Brien, Laurence - 2022
We study the effect of an increase in the UK state pension age from 65 to 66, a high level internationally, on labour market activity. Despite there being limited financial incentives to retire at the state pension age, we find large effects: the employment rate of 65-year-olds increased by 7.4...
Persistent link: https://www.econbiz.de/10012822196
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The effects of pension reforms on physician labour supply : evidence from the English NHS
Propper, Carol; Stoye, George; Warner, Max - 2023
We examine the labour supply response of senior doctors in England following a reform of the public sector pension system that moved employees from a final salary to a career average pension plan. Exploiting the staggered rollout of the reform across narrowly defined age groups, we find that...
Persistent link: https://www.econbiz.de/10014382038
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The return on social security with increasing longevity
Knell, Markus - 2015
Persistent link: https://www.econbiz.de/10011293366
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Actuarial deductions for rarly retirement
Knell, Markus - 2017
Persistent link: https://www.econbiz.de/10011763151
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Pension math: public pension spending and service crowd out in California, 2003-2030
Nation, Joe - 2017
Persistent link: https://www.econbiz.de/10011775758