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The long-run optimal degree of indexation in the new Keynesian model
Ascari, Guido; Branzoli, Nicola - 2006
This note shows that full price indexation is not optimal in the long-run in the New Keynesian model. Moreover, we show … that more price stickiness may increase steady state welfare, if price indexation is partial. …
Persistent link: https://www.econbiz.de/10010326095
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Differentiating Indexation in Dutch Pension Funds
Beetsma, Roel; Bucciol, Alessandro - 2010
We investigate numerically how indexation of funded pensions for inflation can be differ-entiated across the various …-fitting from a shift away from uniform indexation. Those welfare shifts result from systematicredistribution of welfare rather than …
Persistent link: https://www.econbiz.de/10010325857
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Differentiating indexation in Dutch pension funds
Beetsma, Roel M. W. J.; Bucciol, Alessandro - 2010
We investigate numerically how indexation of funded pensions for inflation can be differentiated across the various … benefitting from a shift away from uniform indexation. Those welfare shifts result from systematic redistribution of welfare …
Persistent link: https://www.econbiz.de/10010274928
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Future Prospects for Notional Defined Contribution Schemes
Williamson, John B. - In: CESifo Forum 02 (2001) 4, pp. 19-24
Persistent link: https://www.econbiz.de/10011695669
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Europe: Is There an Aging Crisis or is it a Public Pension Problem?
Disney, Richard - In: CESifo Forum 02 (2001) 4, pp. 25-30
Persistent link: https://www.econbiz.de/10011695670
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Institutional Incentives for Early Retirement in the EU Member States
Fenge, Robert - In: CESifo Forum 02 (2001) 4, pp. 58-61
Persistent link: https://www.econbiz.de/10011695678
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After Another Decade of Reform: Do Pension Systems in Europe Converge?
Werding, Martin - In: CESifo DICE Report 01 (2003) 1, pp. 11-16
Persistent link: https://www.econbiz.de/10011696417
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Assessing Old-age Pension Benefits: The Rules Applied In Different Countries
Werding, Martin - In: CESifo DICE Report 02 (2004) 2, pp. 55-63
Persistent link: https://www.econbiz.de/10011696473
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Social security privatization and financial market risk : lessons from US financial history
Burtless, Gary - 2000
A popular proposal for reforming social security is to supplement or replace traditional publicly financed benefits with a new system of mandatory defined-contribution private pensions. Proponents claim that private plans offer better returns than traditional social security. To achieve higher...
Persistent link: https://www.econbiz.de/10010260726
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The Importance of Financial Incentives on Retirement Choices
Belloni, Michele; Alessie, Rob - 2008
dataset contains for the first time in Italy information on seniority. In accordance with the general finding in Gruber and … reason for the unclear evidence so far obtained in retirement studies for Italy. …
Persistent link: https://www.econbiz.de/10010326024