Durante buena parte de la era previa a la globalización, desde la década de 1860 hasta la I Guerra Mundial, Estados Unidos mantuvo aranceles sorprendentemente elevados. Los historiadores que se ocupan del tema económico actual han sugerido que el proteccionismo de EE. UU. fue producto de una...

This paper surveys the evolution of the Canadian pension system to provide possible ideas for pension reform in Russia. Particular emphasis is placed on the Canadian voluntary, tax assisted retirement savings plans. Such plans can be used as an incentive mechanism to draw savings into the...

Based on Austria's fiscal stance in 1995, we compute the generational accounts for currently living as well as future generations. The results reveal the existence of an enormous intergenerational imbalance in favor of currently living generations. Total public sector liabilities may be more...

Using three major UK pension reforms as natural experiments we investigate the relationship between pension saving and discretionary private savings. Unlike most differences-in -differences approaches which rely on average differences between the control and the treatment group, we use economic...

The fiscal and distributive impacts of three reforms to the social security pension system in the UK are evaluated. All three reforms are designed to increase the retirement age by changing the incentive structure underlying the pension system. The first increases the state pension age by three...

Die schrittweise Anhebung der Regelaltersgrenze auf 67 Jahre wird von vielen kritisiert. Argumentiert wird, dass die Rentner zukünftig niedrigere Renten erhalten, entweder weil sie (höhere) Abschläge in Kauf nehmen müssen oder weil sie ihre Rente nun weniger lange bekommen. So oder so sei...

This paper investigates how parametric reform in a pay-as-you-go pension system with a tax benefit link affects retirement incentives and work incentives of prime-age workers. We find that postponed retirement tends to harm incentives of prime-age workers in the presence of a tax benefit link,...

En 1996 el sistema de reparto estaba quebrado. La reforma de pensiones de ese año cambió el sistema de manera importante. En el presente trabajo se pretende medir la valoración del seguro de largo plazo de los trabajadores asegurados, antes y después de la reforma. Para ello se estima las...