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Developing countries are increasingly aware of the need to design and implement improvements in public systems for providing pensions to the elderly. Such systems may aim to smooth consumption and thus provide reliable income to older people, reduce poverty among the elderly, insure those no...
Persistent link: https://www.econbiz.de/10010659262
Developing countries are increasingly aware of the need to design and implement improvements in public systems for providing pensions to the elderly. Such systems may aim to smooth consumption and thus provide reliable income to older people, reduce poverty among the elderly, insure those no...
Persistent link: https://www.econbiz.de/10010331445
Developing countries are increasingly aware of the need to design and implement improvements in public systems for providing pensions to the elderly. Such systems may aim to smooth consumption and thus provide reliable income to older people, reduce poverty among the elderly, insure those no...
Persistent link: https://www.econbiz.de/10009754506
tending to increase the retirement age. We show that improvements in health and longevity tend to increase the desired …
Persistent link: https://www.econbiz.de/10012706283
drawn from the Health and Retirement Study for the United States. We use data on a person's subjective probability of …
Persistent link: https://www.econbiz.de/10012905861
We develop a simple life cycle optimizing model of retirement and savings. We show that, in theory, higher incomes lead to earlier retirement and higher savings while longer life spans lead to later retirement and lower savings. We calibrate our model using data from the United States and find...
Persistent link: https://www.econbiz.de/10012905890
Persistent link: https://www.econbiz.de/10010419835
life", such as health and equality of opportunity. However, per capita GDP has the virtues of easy interpretation and can … preserves the advantages of per capita GDP, but also includes health and equality. We propose a new parsimonious indicator to …
Persistent link: https://www.econbiz.de/10012169722
Economists increasingly accept that social norms have powerful effects on human behavior and outcomes. In recent history, one norm widely adhered to in most developed nations has been for men to be the primary breadwinner within mixed-gender households. As women have entered the labor market in...
Persistent link: https://www.econbiz.de/10011949006
Acemoglu and Johnson (2007) present evidence that improvements in population health do not promote economic growth. We … show that their result depends critically on the assumption that initial health has no causal effect on subsequent economic … growth. We argue that such an effect is likely, primarily because childhood health affects adult productivity. In our …
Persistent link: https://www.econbiz.de/10010658709