Narrow search
Showing 1 - 10 of 2,768
Cover Image
The impact of Covid-19 on pensions due to early withdrawals of pension savings
Castro, Rubén; González, Leonardo; Schiappacasse, Ignacio - 2022
The Chilean pension system was hit hard during 2020-2021 by the withdrawal of 25 per cent of the individual pensions … funds accumulated by 2019, an amount equivalent to 20 per cent of Chile's GDP. We estimate here the impact of those … pensions, including its heterogeneity matrix to simulate the distribution of pension impacts. The withdrawal impact decreases …
Persistent link: https://www.econbiz.de/10014494309
Cover Image
New legal standards for investment policy of open pension funds
Jakubowski, Sebastian - In: Economic and environmental studies : a journal for … 15 (2015) 1, pp. 75-91
The global financial crisis affected also Polish pension market. Low or negative rate return on pension capital accumulated in Open Pension Funds led to social disappointment and growth of feeling of social insecurity. Prolonged financial crisis together with sluggish economic growth forced...
Persistent link: https://www.econbiz.de/10011308620
Cover Image
Longevity gap, indexation and age-specific average pensions
Simonovits, András - 2022
Studying the age-dimension of the probability distribution of pensions while assuming steadily rising real wages and …
Persistent link: https://www.econbiz.de/10014452017
Cover Image
Do retirement savings increase in response to information about retirement and expected pensions?
Dolls, Mathias; Doerrenberg, Philipp; Peichl, Andreas; … - 2018
public pension payments. This reform did not change the level of pensions, but only provided information to individuals about … direct way to increase public pensions, increase after receiving the letter. …
Persistent link: https://www.econbiz.de/10011782119
Cover Image
The effects of pension information on individuals’ economic outcomes : a survey
Basiglio, Stefania; Oggero, Noemi - In: Economies : open access journal 8 (2020) 3/67, pp. 1-16
pensions. …
Persistent link: https://www.econbiz.de/10012296088
Cover Image
Old-age provision in transition : the case of Croatia
Werding, Martin; Primorac, Marko - 2016
scheme ("second pillar") that will provide increasing amounts of supplementary pensions to those entering retirement in the …
Persistent link: https://www.econbiz.de/10011429587
Cover Image
Generational accounting, solidarity and pension losses
Teulings, Coen N.; Vries, Casper G. de - 2003
The stock market collapse led to political tensions between generations due to the fuzzy definition of the property rights over the pension funds’ wealth. The problem is best resolved by the introduction of generational accounts. Modern consumption and portfolio theory shows that the younger...
Persistent link: https://www.econbiz.de/10011334341
Cover Image
The fiscal burden of the legacy of the civil service pension systems in Northern Cyprus
Altıok, Hasan Ulaş; Jenkins, Glenn P. - 2011
This paper estimates the fiscal burden of the Pay-As-You-Go (PAYGO) civil service pension systems that were closed in 2008 to new members in North Cyprus. At that time, a new pension system was introduced for the newly hired government employees and new private sector workers. Estimates are made...
Persistent link: https://www.econbiz.de/10009690560
Cover Image
Consequences for Welfare and Pension Buffers of Alternative Methods of Discounting Future Pensions
Bucciol, Alessandro - 2010
We explore the implications of alternative methods of discounting future pension outlays for the valuation of funded pension liabilities. Measured liabilities affect the asset-liability ratio of pension funds and, thereby, their policies. Our framework for analysis is an applied many-generation...
Persistent link: https://www.econbiz.de/10013136102
Cover Image
Risk Sharing in Defined-Contribution Funded Pension System
Beetsma, Roel M. W. J. - 2011
This paper explores the introduction of collective risk-sharing elements in defined contribution pension contracts. We consider status-contingent, age-contingent and asset contingent risk-sharing arrangements. All arrangements raise aggregate welfare, as measured by equivalent variations. While...
Persistent link: https://www.econbiz.de/10013117291