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This paper deals with two policy approaches to address the problem of the "pensions time bomb" by influencing private …-sector pension provision. In assessing the role of private-sector pensions, it is common to concentrate exclusively on the issue of … since private-sector pension arrangements have significant implications for governments' finances. When private pensions …
Persistent link: https://www.econbiz.de/10011412356
to intergenerational conflict. Let people with rights to public pensions have the option of using a portion of their … potential pensions to provide employment vouchers for employers that hire them. The policy is entirely voluntary; only those … to draw their public pensions and the employers have the right not to employ them. In effect, the policy involves taking …
Persistent link: https://www.econbiz.de/10011412372
This paper deals with two policy approaches to address the problem of the ?pensions time bomb? by influencing private …-sector pension provision. In assessing the role of private-sector pensions, it is common to concentrate exclusively on the issue of … since private-sector pension arrangements have significant implications for governments' finances. When private pensions …
Persistent link: https://www.econbiz.de/10010265545
to intergenerational conflict. Let people with rights to public pensions have the option of using a portion of their … potential pensions to provide employment vouchers for employers that hire them. The policy is entirely voluntary; only those … to draw their public pensions and the employers have the right not to employ them. In effect, the policy involves taking …
Persistent link: https://www.econbiz.de/10010265553
Conventional wisdom suggests that nominal, demand-side shocks have only temporary effects on real macroeconomic magnitudes and that the duration of their effects depends on the degree of nominal inertia. It is also argued that, in the absence of unit roots, temporary supply-side shocks also have...
Persistent link: https://www.econbiz.de/10010293971
Conventional wisdom suggests that nominal, demand-side shocks have only temporary effects on real macroeconomic magnitudes and that the duration of their effects depends on the degree of nominal inertia. It is also argued that, in the absence of unit roots, temporary supply-side shocks also have...
Persistent link: https://www.econbiz.de/10009736646
Persistent link: https://www.econbiz.de/10003474033
This paper analyses how and to which degree the Danish flexicurity concept and its various elements achieve the renowned Danish miracle by evaluating their unemployment and inequality effects and their complementarities. We develop a microfounded model of searching workers and firms, calibrate...
Persistent link: https://www.econbiz.de/10003850634
balances on their UAs into their pensions. We present an analytical framework to analyse the incentive effects of UAs and …
Persistent link: https://www.econbiz.de/10010332737
their UAs into their pensions. We present an analytical framework to analyse the incentive e.ects of UAs and calibrate our …
Persistent link: https://www.econbiz.de/10010272954