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state retirement of men. Work incentives associated with pension coverage and plan characteristics are calculated primarily … from the 1969-79 Retirement History Study and the 1983 and 1989 Surveys of Consumer Finances. Simulations with a structural … retirement model suggest that the long-run effects of changes in pension plans and social security account for about a quarter of …
Persistent link: https://www.econbiz.de/10014182211
effects of early retirement disincentives on retirement behavior, individual welfare, pensions and public budget. We employ … retirement model. We find that labor market participation and retirement behavior in general are strongly influenced by the level …
Persistent link: https://www.econbiz.de/10011440834
effects of early retirement disincentives on retirement behavior, individual welfare, pensions and public budget. We employ … retirement model. We find that retirement behavior is strongly influenced by the level of disincentives. Further, disincentives …
Persistent link: https://www.econbiz.de/10011595496
amount of the pension dis-saved after retirement. The findings show that there are no reasons why the EU and the individual …
Persistent link: https://www.econbiz.de/10009767598
This paper examines several aspects of Israel's restructured retirement benefits system, focusing on distributive … Allowances program's contributions and disbursements on the lifetime income distribution, net replacement rates at retirement and … loss for many low-income households, unsmooth their consumption and lead to "too high" post-retirement net replacement …
Persistent link: https://www.econbiz.de/10013150421
This paper examines the allocation of market risk in a general class of collective pension arrangements: Collective Defined Contribution (CDC) schemes. In a CDC scheme participants collectively share funding risk through benefit level adjustments. There is a concern that, if not well designed,...
Persistent link: https://www.econbiz.de/10012872103
incentives embedded in North Carolina's retirement system. Like most public-sector retirement plans, North Carolina's teacher … models of teacher retirement by using a Cox proportional hazard model. Given that salaries are generally fixed by the state … capture the sharp incentives driving a teacher's retirement decision that are dependent on her proximity to retirement …
Persistent link: https://www.econbiz.de/10012930561
to offer individual retirement accounts, similar to defined contribution plans. How likely to participate are workers who …
Persistent link: https://www.econbiz.de/10013077328
incentives embedded in North Carolina's retirement system. Like most public-sector retirement plans, North Carolina's teacher … models of teacher retirement by using a Cox proportional hazard model. Given that salaries are generally fixed by the state … capture the sharp incentives driving a teacher's retirement decision that are dependent on her proximity to retirement …
Persistent link: https://www.econbiz.de/10011775564
This paper examines the implicit subsidies within pension systems across Latin America and the Caribbean (LAC) region. We first calculate the theoretical benefits of pension for hypothetical workers in 25 countries in LAC. We show that, on average, LAC's pension systems are subsidized, as they...
Persistent link: https://www.econbiz.de/10014545279