Showing 1 - 10 of 201
The passivity of the demand for pension products is one of the striking features of mandatory pension systems … conductive to long-term return maximization, the regulatory framework of pension fund management companies puts excessive … emphasis on short-term maximization. Therefore, it is not obvious that typical regulatory framework of pension funds is …
Persistent link: https://www.econbiz.de/10012975811
Using a stochastic general equilibrium model with overlapping generations, this paper studies (i) the effects on both extensive and intensive labor supply responses to changes in fertility rates, and (ii) the potential of a retirement reform to mitigate the effects of fertility changes on labor...
Persistent link: https://www.econbiz.de/10012976298
Important progress toward gender equality has been made in the past decades, but inequalities linked to gender norms … of previous studies by analyzing gender differences in the allocation of time among market work and unpaid domestic work …
Persistent link: https://www.econbiz.de/10012864592
defined contribution reforms will have the same impact on reducing pension expenditure (for the same grandfathering rules and …
Persistent link: https://www.econbiz.de/10012747886
The rapid growth of the market for retirement products in Chile has its origins in the pension reform that was …
Persistent link: https://www.econbiz.de/10012976515
We propose alternative methods to project pension rights and implement them in Chile and Uruguay and partially in … income level. We then run Monte Carlo simulations to project work histories and compute pension rights. According to our … results, significant swathes of the population would not access to fundamental pension benefits at age 65, if the current …
Persistent link: https://www.econbiz.de/10013142131
Over the past decade or so, most Central and Eastern European countries have reformed their pension systems …
Persistent link: https://www.econbiz.de/10012976583
This paper reviews the factors that should guide the design of private funded pensions to create a complete pension … pensions is the most effective option to deliver the best combination of pension outcomes. Pension design should start with a … technical design, the governance, scale, and expertise of pension funds are critical for good investment and other outcomes …
Persistent link: https://www.econbiz.de/10012920301
. All the coding is made freely available. The tool is illustrated for India's DC National Pension System. The aim is not to … and pension funds in other jurisdictions. Some of these are more complex or complete than the results in this paper, but …
Persistent link: https://www.econbiz.de/10012929991
This paper evaluates whether mangroves can mitigate the impact of hurricanes on economic activity. The paper assembles a new, regionwide panel data set that measures local economic activity using nightlights, potential hurricane damages using a detailed hurricane windstorm model, and mangrove...
Persistent link: https://www.econbiz.de/10012889836