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It has already been pointed out in the literature on financialisation that private pension funds have played a key role in the inflation of financial markets. This paper argues that an increase in wage dispersion between white-collar and blue-collar workers affects pension funds in a direct and...
Persistent link: https://www.econbiz.de/10011685397
Changes in accumulated retirement savings, particularly in employer-sponsored defined contribution (DC) plan balances … plans affect retirement savings for lower earners more than for higher earners. The authors match Survey of Income and … retirement savings outcomes by earnings level beyond mere differences in earnings …
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Labour input in Estonia remains lower than before the crisis. Skill mismatches between workers and jobs contribute to structural unemployment and emigration, notably among young, employed workers, has reduced labour supply. Although the government has lowered labour taxes and further reductions...
Persistent link: https://www.econbiz.de/10011399352
An important concern for pension policy is the unequal distribution of retirement benefits. Differences in employer-sponsored pension wealth are especially pronounced between men and women. This report examines gender differences in pension benefits among the elderly and differences in coverage...
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The paper argues that wage dispersion between white-collar and blue-collar workers has caused the rise and expansion of pension funds in a direct and long-run structural manner in the USA. Using data from the Saez-Zucman and the St. Louis Fed's FRED datasets, the argument is empirically analysed...
Persistent link: https://www.econbiz.de/10012923224