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-front financial incentives are an effective policy lever to change behaviour. The paper argues that incentives differ in their … transparency and in their complexity; individuals are more likely to respond to incentives that are both transparent and imply a … Resources Survey on these two tests of household responses to complex incentives. …
Persistent link: https://www.econbiz.de/10009512166
Much of the focus of the UK pensions policy debate over the past decade has been on the adequacy (or otherwise) of private retirement saving. In this paper, we present the first assessment of the optimality of the retirement resources of English couple households born in the 1940s. Here,...
Persistent link: https://www.econbiz.de/10010402537
provides elderly assistance and is a source of savings for long-term investment. The pension systems in SSA, however, are …
Persistent link: https://www.econbiz.de/10013349380
to evaluate the adequacy of retirement savings. We find first that the specification of the model's asset structure …
Persistent link: https://www.econbiz.de/10012213993
Effective design and regulation of retirement benefits require accurate understanding of how the elderly decumulate. We analyse the income, assets and decumulation patterns of a longitudinal panel of 10,000 Australian age pensioners. On average, age pensioners preserve financial and residential...
Persistent link: https://www.econbiz.de/10012944858
/informal sector choice and saving decisions under the rules of Chile's canonical privatized pension system. The parameters governing …. Our policy experiments show that Chile could achieve a reduction of 23% of minimum pension costs, while guaranteeing the …
Persistent link: https://www.econbiz.de/10010359417
rate; and fourth, the 2004 public pension reform alleviated the intergenerational inequities of Japan’s public pension … ; aging ; household ; household saving ; intergenerational inequity ; Japan ; pension reform ; pensions ; population aging … ; public pensions ; public pension reform ; saving ; social security …
Persistent link: https://www.econbiz.de/10003490425
' savings for retirement. We consider voluntary accounts as opposed to mandatory accounts with minimum contribution rates. We …
Persistent link: https://www.econbiz.de/10009424907
This study presents a new database, the Swedish National Wealth Database (SNWD), which contains annual data on private, public and national wealth and sectoral saving rates in Sweden over the past two centuries. The paper reviews previous investigations of national wealth, compares their...
Persistent link: https://www.econbiz.de/10011300727
This study presents a new database, the Swedish National Wealth Database (SNWD), which contains annual data on private, public and national wealth and sectoral saving rates in Sweden over the past two centuries. The paper reviews previous investigations of national wealth, compares their...
Persistent link: https://www.econbiz.de/10011346682