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We address the question of whether the heterogeneity in savings is partly due to differences in pension wealth across individuals and across countries, using a European harmonised wealth survey (HFCS) combined with estimates of pension wealth (OECD). First, we find significant displacement...
Persistent link: https://www.econbiz.de/10012156487
research on gender inequality in access to self-employment, the gender gap in pensions, and the emerging topic of a gender gap …
Persistent link: https://www.econbiz.de/10014025339
higher‐return tax‐advantaged private pensions and in housing. Second, we find that only the most patient households achieve …
Persistent link: https://www.econbiz.de/10012213993
A Citizen's Income - an unconditional and nonwithdrawable income for every individual - would offer many advantages, but because the UK's current benefits and tax systems are complex, transition to a benefits system based on a Citizen's Income could be difficult to achieve. This paper builds on...
Persistent link: https://www.econbiz.de/10010513955
The paper addresses two related issues: the optimal intergenerational sharing of laborproductivity risks, through a Pay-As-You-Go (PAYG) social security, and the mix ofPAYG and savings for retirement provision in a small open economy. It shows that partial contingency of the social security on...
Persistent link: https://www.econbiz.de/10011376622
pensions than to changes in allowances and in-kind transfers. The very weak response of households to changes in allowances and … of pension elasticities suggest that the response of the low income group to changes in pensions is the strongest …
Persistent link: https://www.econbiz.de/10010241423
This paper investigates the relationship between household saving and pensions, and estimates both the displacement … effect of pensions on private saving and the precautionary saving effect due to uncertainty in pension income. I estimate the … the estimated displacement effect of pensions on private savings towards zero. …
Persistent link: https://www.econbiz.de/10011547663
Research on wealth inequality usually focuses on real and financial assets, while pension wealth – the present value of future pension entitlements from public and company pension schemes – receives little attention. This is astonishing, given that pension plans play an important role for...
Persistent link: https://www.econbiz.de/10011509132
A Citizen’s Income - an unconditional and nonwithdrawable income for every individual - would offer many advantages: but because the UK's current benefits and tax systems are complex, transition to a benefits system based on a Citizen's Income could be difficult to achieve. Two previous...
Persistent link: https://www.econbiz.de/10011537199
Citizen’s Income - an unconditional and nonwithdrawable income for every individual - would offer many advantages, but transition from the UK's current largely means-tested benefits system to one based on a Citizen's Income might generate initial losses for some low-income households, and this...
Persistent link: https://www.econbiz.de/10010405050