Narrow search
Showing 1 - 10 of 537
Cover Image
Experiences with occupational pensions in Denmark
Hougaard Jensen, Svend Erik; Pedersen, Torben Möger; … - In: Vierteljahrshefte zur Wirtschaftsforschung 88 (2019) 1, pp. 11-30
This paper focuses on the development of the funded, occupational pension (OP) system in Denmark. Launched in 1987, as a grand agreement between social partners backed by the government, and as part of the collective wage bargaining process, the Danish OP system differs from the set-up in most...
Persistent link: https://www.econbiz.de/10012154531
Cover Image
Pension Systems and the Allocation of Macroeconomic Risk
Uhlig, Harald; Bovenberg, A. Lans - 2008
This paper explores the optimal risk sharing arrangement between generations in an overlapping generations model with endogenous growth. We allow for nonseparable preferences, paying particular attention to the risk aversion of the old as well as overall 'life-cycle' risk aversion. We provide a...
Persistent link: https://www.econbiz.de/10014055039
Cover Image
The commitment value of prefunded pensions
Garon, Jean-Denis - 2015
This paper studies how prefunding public pensions can improve policy outcomes when short-sighted governments cannot …. Prefunding pensions is a commitment mechanism. It implies lower contributions than does the second best policy, which reduces … temptation to over-redistribute later and to misuse revealed private information. Prefunding may be preferable even if the …
Persistent link: https://www.econbiz.de/10011405644
Cover Image
Inter- and intra-generational consequences of pension buffer policy under demographic, financial and economic shocks
Bucciol, Alessandro; Beetsma, Roel - 2009
We study numerically the inter- and intra-generational welfare consequences of alternative pension fund policies in response to unexpected demographic, financial and macro-economic shocks. Our analysis is based on an applied many-generation OLG model describing a small-open economy with...
Persistent link: https://www.econbiz.de/10003883861
Cover Image
Retire later or work harder?
Bell, David N. F.; Hart, Robert A. - 2010
We compare two policies of increasing British state pension provision: (a) increase the pensionable age of men and women, (b) maintain the existing retirement age but require older workers to work longer per-period hours. There are reasons for policy makers to give serious consideration to the...
Persistent link: https://www.econbiz.de/10003937063
Cover Image
Investment Strategies in Retirement : In the Presence of a Means-Tested Government Pension
Butt, Adam - 2013
A simulation approach is used to investigate how various investment strategies affect the ability of retirees to spend at a desired level up until death. Retirees are assumed to maintain all investment and longevity risk, and also have access to a government-sponsored and means tested Age...
Persistent link: https://www.econbiz.de/10013089037
Cover Image
Inter- and Intra-generational Consequences of Pension Buffer Policy under Demographic, Financial and Economic Shocks
Bucciol, Alessandro - 2009
We study numerically the inter- and intra-generational welfare consequences of alternative pension fund policies in response to unexpected demographic, financial and macro-economic shocks. Our analysis is based on an applied many-generation OLG model describing a small-open economy with...
Persistent link: https://www.econbiz.de/10013156226
Cover Image
Retirement Financing : An Optimal Reform Approach
Hosseini, Roozbeh - 2018
We study Pareto optimal policy reforms aimed at overhauling retirement financing asan integral part of the tax and transfer system. Our framework for policy analysis is aheterogeneous-agent overlapping-generations model that performs well in matching the aggregateand distributional features of...
Persistent link: https://www.econbiz.de/10012936572
Cover Image
Alterssicherung im Spiegel der Wahlprogramme : ökonomische Analyse, politische Konfliktlinien und mögliche Schnittmengen
Pimpertz, Jochen; Schüler, Ruth M. - 2021
Durch die steigende Lebenserwartung wird sich die Rentenbezugsdauer und damit die Anzahl der jährlich zu versorgenden Ruheständler in der Gesetzlichen Rentenversicherung (GRV) erhö-hen. Zudem beschleunigt die alternde Babyboomer-Generation schon in den nächsten Jahren den Anstieg der...
Persistent link: https://www.econbiz.de/10012622151
Cover Image
20 years of the Riester pension : personal retirement provision requires reform
Geyer, Johannes; Grabka, Markus M.; Haan, Peter - In: DIW weekly report : economy, politics, science : a … 11 (2021) 40, pp. 307-312
Introduced 20 years ago as a part of the 2001 pension reform, the Riester pension is meant to function as an essential component of the German pension system with the aim of compensating for decreasing public pensions. However, data collected by the SOEP show that this objective has not yet been...
Persistent link: https://www.econbiz.de/10012667059