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The strength of the German labour market response to the financial crisis of 2008-09 demonstrated the benefits of past labour market reforms, which raised work incentives, improved job matching and increased working hour flexibility. Going forward, the government should build on this success and...
Persistent link: https://www.econbiz.de/10011276953
unemployment. Usinglongitudinal micro data from the period between 1992 and 1999, it also studies alternative measures of …
Persistent link: https://www.econbiz.de/10005644602
High levels of unemployment and rising social charges have lead to considerable pressure on labour markets to adjust … significant disincentives for labour supply of older people and spouses, which should be eliminated. Unemployment related benefits … qualifications and regions to fight unemployment. Regulatory conditions in other parts of the economy interact in important ways with …
Persistent link: https://www.econbiz.de/10005045708
Persistent link: https://www.econbiz.de/10010861602
This paper examines the effect of the last increase in the eligibility age for New Zealand’s public pension, New Zealand Superannuation, on household saving rates. The age of eligibility was increased progressively from 60 to 65 years old between 1992 and 2001, with little forewarning. Drawing...
Persistent link: https://www.econbiz.de/10010992364
This paper assesses how countries‘ pension arrangements and regulation shape the appropriate structure and flexibility of retirement payout options. The paper aims at providing a guide to policy makers on how to address the diverse questions posed when designing the payout phase or promoting...
Persistent link: https://www.econbiz.de/10004962916
This paper assesses the impact of different quantitative approaches to regulate investment risk on the retirement income stemming from defined contribution (DC) pension plans. It looks at how such regulations affect the spectrum of investment policies available and, through this channel, how...
Persistent link: https://www.econbiz.de/10005005486
This paper reviews the impact of ageing on private pensions, in particular on the payout phase, assesses the part that annuities can play in financing retirement, and examines the role of financial markets in facilitating the allocation on assets accumulated in defined contribution pension...
Persistent link: https://www.econbiz.de/10005011983
This paper assesses the relative performance of different investment strategies for different structures of the payout phase. In particular, it looks at whether the specific glide-path of life-cycle investment strategies and the introduction of dynamic features in the design of default...
Persistent link: https://www.econbiz.de/10008568056
This multimethod study investigated the effect of retiring to caregive on retirement income. Using the Survey of Ageing and Independence 1991, a secondary data analysis was carried out which examined the economic effects of retiring to caregive. Interviews with 17 men and women who retired to...
Persistent link: https://www.econbiz.de/10005196119