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assess the effect of the reform on the savings and retirement expectations and realizations of two virtually identical male …. We show that retirement expectations are in line with realizations and that the reform had the intended effect on the …
Persistent link: https://www.econbiz.de/10011876086
hundred age brackets and we investigate how changes in the birth rates, survival rates, and the retirement age affect the …
Persistent link: https://www.econbiz.de/10012160984
hundred age brackets and we investigate how changes in the birth rates, survival rates, and the retirement age affect the …
Persistent link: https://www.econbiz.de/10012154725
Pensions may be provided for in a modern society by several methods, viz., voluntary individual savings, mandatory fully funded occupational pension systems, and mandatory social security financed by pay-as-you-go. The specific mixture of the three systems we will call the pension composition....
Persistent link: https://www.econbiz.de/10011870742
information on three major economic outcomes, namely, retirement planning, choices pertaining individuals' labor supply, and …
Persistent link: https://www.econbiz.de/10012296088
There exists a wide variety of tax treatments of pensions across the world. And the reasons for such a range of regimes are not clear. This note reviews the general principles of pension taxes and analyses the theoretical foundations of why pension incomes ought to be taxed specifically. To do...
Persistent link: https://www.econbiz.de/10011455532
There exists a wide variety of tax treatments of pensions across the world. And the reasons for such a range of regimes are not clear. This note reviews the general principles of pension taxes and analyses the theoretical foundations of why pension incomes ought to be taxed specifically. To do...
Persistent link: https://www.econbiz.de/10011482705
scheme that transfers individual consumption from the working years to the retirement phase of the lifecycle. It discusses … postpone retirement marginally toward the end of the working life. The chapter examines additional criteria (fairness …
Persistent link: https://www.econbiz.de/10011993112
The current trend towards Defined Contribution (DC) retirement systems around the world has rendered the risk … the need for more effective practices to control losses of retirement income for pension funds' investors. Although the …, which lessens the strategies' ability to control losses in retirement income. While optimal long-term portfolio selection …
Persistent link: https://www.econbiz.de/10012835856
latter, namely the individual retirement accounts and individual retirement saving accounts that were introduced in 2004 and … 2012 respectively. The main aim of the paper is to conduct a multidimensional comparative analysis of bank retirement … products including the linguistic complexity of documents creating the retirement contracts offered to individuals by banks …
Persistent link: https://www.econbiz.de/10012990367