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Population, Pensions, and Endogenous Economic Growth
Heer, Burkhard; Irmen, Andreas - 2008
We study the effect of a declining labor force on the incentives to engage in labor-saving technical change and ask how this effect is influenced by institutional characteristics of the pension scheme. When labor is scarcer it becomes more expensive and innovation investments that increase labor...
Persistent link: https://www.econbiz.de/10011422187
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Pension reform options for Russia and Ukraine: A critical analysis of available options and their expected outcomes. With a focus on labour market, industrial restructuring and pub...
Góra, Marek; Rohozynsky, Oleksandr; Sinyavskaya, Oxana - 2010
This paper provides the results of analyses of key problems related to pension systems and their reforms in Russia and Ukraine. The pension systems and their reforms in both countries are compared. They are also compared with the general picture observed in the OECD or selected countries...
Persistent link: https://www.econbiz.de/10010326595
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Pension reforms in Poland and elsewhere: The view from Paris
Jarrett, Peter - 2011
Recently several countries, including Estonia, Latvia, Lithuania, Hungary, Poland, Romania and Slovakia, have at least partially reversed their earlier moves towards compulsory defined-contribution schemes. This paper concentrates on Poland, which just reduced contributions going to the...
Persistent link: https://www.econbiz.de/10011430865
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Developing Asia's pension systems and old-age income support
Park, Donghyun; Estrada, Gemma B. - 2012
Old-age income support is becoming an issue of growing importance throughout Asia. This is especially true in East and Southeast Asia where the population is aging. This paper provides a broad overview of the current state of pension systems in the People's Republic of China, Indonesia, Republic...
Persistent link: https://www.econbiz.de/10010397317
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Hungarian Pension System and its Reform
Simonovits, András - 2009
The goal of this study is to present an insider view on the pension reforms implemented in Hungary between 1996 and 2009. Both political economy as well as institutional economics will be used as the main approaches to analyse and explain the reform process and some of its effects. The following...
Persistent link: https://www.econbiz.de/10010494396
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International Economic Crisis and the Hungarian Pension Reform
Simonovits, András - 2011
By 2008, the Hungarian pension system has become too generous and the implied contribution rate hindered growth. When the international economic and financial crisis deprived Hungary from normal credits, its government turned to international organizations for help. The most spectacular element...
Persistent link: https://www.econbiz.de/10010494466
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An assessment of consumption and income taxes in Japan
Horioka, Charles Yuji; Sekita, Shizuka - 2004
and equity, we evaluate the past and present structure of Japan's consumption and income taxes, we consider the role of … reconstruction, and finally, we make policy recommendations based on our findings. We find that the structure of Japan's current … will simultaneously improve both the efficiency and equity of Japan's tax system. …
Persistent link: https://www.econbiz.de/10010332469
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Comparing public attitudes towards providing for the livelihood of the elderly in two aging societies: Germany and Japan
Hayo, Bernd; Ono, Hiroyuki - 2007
Germany and Japan. Applying an ordered logit model to individual data from representative public opinion surveys, it is … inclination towards a government-based pension system in the case of Japan but positively in Germany. Other significant influences … are the pensioner status of the respondents in Japan and their political position in the case of German data. …
Persistent link: https://www.econbiz.de/10010265720
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Aging, saving, and public pensions in Japan
Horioka, Charles Yuji; Suzuki, Wataru; Hatta, Tatsuo - 2007
We analyze the impact of population aging on Japan's household saving rate and on its public pension system and the … impact of that system on Japan's household saving rate and obtain the following results: first, the age structure of Japan …'s population can explain the level of, and past and future trends in, its household saving rate; second, the rapid aging of Japan …
Persistent link: https://www.econbiz.de/10010332306
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Pension wealth and household saving: Evidence from pension reforms in the UK
Attanasio, Orazio; Rohwedder, Susann - 2001
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...
Persistent link: https://www.econbiz.de/10010292994