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Pensions and population aging intersect in two ways. First, demographic change threatens the sustainability of … traditional pay-as-you-go social security pensions, leaving workplace-linked pensions with a greater role in retirement provision … reviews some of the implications of population aging for workplace pensions in this new environment, outlines market …
Persistent link: https://www.econbiz.de/10014023474
In 2008, the oldest of 78 million baby boomers will celebrate their 62nd birthdays. Before they blow out their birthday candles, they will have considered and likely decided whether to elect to take early Social Security retirement benefits (SSRBs). Recent and evolving changes in the normal...
Persistent link: https://www.econbiz.de/10014048134
In this paper we exploit a cohort-specific pension reform to estimate the causal labour market effects of changes in the financial incentives to retire. In particular, we analyze the effects of the introduction of cohort-specific deductions for early retirement on female retirement, employment...
Persistent link: https://www.econbiz.de/10011558593
this huge increase on employment, unemployment, disability pensions, and inactivity rates. Our results suggest that the …
Persistent link: https://www.econbiz.de/10011630967
Retirement policies are individually designed but the majority of people of retirement age live as couples. We estimate the effects of a French pension reform on spouses' employment decisions. We use labor-force survey data, pooled over different years, on fifty thousand French couples and apply...
Persistent link: https://www.econbiz.de/10011580555
Aging populations in developing countries have spurred the introduction of public pension programs to preserve the standard of living for the elderly. The often-overlooked mechanism of intergenerational transfers, however, can dampen these intended policy effects, as adult children who make...
Persistent link: https://www.econbiz.de/10012062263
Aging populations in developing countries have spurred the introduction of public pension programs to preserve the standard of living for the elderly. The often-overlooked mechanism of intergenerational transfers, however, can dampen these intended policy effects, as adult children who make...
Persistent link: https://www.econbiz.de/10012159232
this huge increase on employment, unemployment, disability pensions, and inactivity rates. Our results suggest that the …
Persistent link: https://www.econbiz.de/10011641381
-logit) to estimate the determinants of older people's LFP. Our main findings provide strong evidence that pensions and poorer …, pensions have less impact on lower-status workers, indicating that even if they receive a pension, they may still be too poor …
Persistent link: https://www.econbiz.de/10012490549
This paper develops a social insurance accounting model for a notional defined contribution (NDC) scheme combining retirement and long-term care (LTC) contingencies. The procedure relies on standard double-entry bookkeeping and enables us to compile a “Swedish” type actuarial balance sheet...
Persistent link: https://www.econbiz.de/10012912659