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The aim of this paper is to make an assessment of the 2011 reform of the public pension system in Spain using the … that Spain did not take advantage of the lessons learned in Sweden, it did not include any elements for improving the … medium term, the long term or even the short term. The new parametric reforms currently under consideration in Spain are …
Persistent link: https://www.econbiz.de/10014169394
This paper examines the empirical link between retirement and the supply of volunteer labor, using panel data from the Household, Income and Labour Dynamics in Australia (HILDA) Survey. To identify the causal impact, we exploit a major reform of the Australian Age Pension which has significantly...
Persistent link: https://www.econbiz.de/10012604177
As many governments raise eligibility ages for retirement benefits, there are concerns that such reforms disproportionately affect poorer households. In this paper, I examine the distributional effects of a 1994 Australian reform that increased women’s pension-eligibility age from 60 to 65....
Persistent link: https://www.econbiz.de/10014105390
Social security plays an essential role in an economy, but if designed incorrectly can distort the labor supply and savings behavior of individuals in the economy. We explore how well the Australian means-tested pension system provides social insurance by calculating possible welfare gains from...
Persistent link: https://www.econbiz.de/10014034910
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The Australian age pension is noncontributory, funded through general tax revenues and means tested against pensioners, private resources, including labour earnings. This paper constructs an overlapping generations (OLG) model of the Australian economy to examine the economy wide implications of...
Persistent link: https://www.econbiz.de/10014126551
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