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Early Retirement and Social Security : A Long-Term Perspective
Ignacio Conde-Ruiz, J.; Galasso, Vincenzo; Profeta, Paola - 2021
We provide a long-term perspective on the individual retirement behaviour and on the future of retirement. In a … equilibrium with positive social security contribution rates and early retirement. Aging has two opposite effects: it leads to … the existence of crucial income effects: a decrease of the income of young people will induce them to postpone retirement …
Persistent link: https://www.econbiz.de/10013318158
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The Political Economy of Social Security : A Survey
Galasso, Vincenzo; Profeta, Paola - 2004
This paper surveys the literature on the political economy of social security. We review models that address the following questions: (i) Why do social security programs that transfer resources from young and middle-aged workers to the elderly exist? (ii) What are the economic and political...
Persistent link: https://www.econbiz.de/10014071304
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What Social Security : Beveridgean or Bismarckian?
Ignacio Conde-Ruiz, J.; Profeta, Paola - 2003
Why are Bismarckian social security systems associated with larger public pension expenditures, a smaller fraction of private pension and lower income in-equality than Beveridgean systems? These facts are puzzling for political economy theories of social security which predict that Beveridgean...
Persistent link: https://www.econbiz.de/10014086932
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Taxing pensions
Cremer, Helmuth; Pestieau, Pierre - 2016
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
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Taxing pensions
Cremer, Helmuth; Pestieau, Pierre - 2016 - March 2016, revised May 2016
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
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Chapter 32 Social security
Feldstein, Martin; Liebman, Jeffrey B. - In: Handbook of public economics : volume 4, (pp. 2245-2324). 2002
This chapter reviews the theoretical and empirical issues dealing with Social Security pensions. The first part of the chapter discusses pure pay-as-you-go plans. It considers the effects of introducing such a plan on the present value of consumption, the optimal level of benefits in such plans,...
Persistent link: https://www.econbiz.de/10014024857
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The impact of social security eligibility and pension wealth on retirement
Sæverud, Johan - 2024
wealth. This pattern is consistent across multiple retirement age thresholds and cohorts, including both individuals who have …
Persistent link: https://www.econbiz.de/10014486681
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Demographic change across the globe maintaining social security in ageing economies
Peeters, Marga; Groot, Lucas Franciscus Michaël - 2011
This paper investigates the fiscal pressure from demographic change in relation to the labour marketspace for fifty … started using their space in anticipation to higher demographic pressure is rejected. Raising the retirement age in developed … economies by five years alleviates the pressure by almost 30% and creates 10% more labour market space. …
Persistent link: https://www.econbiz.de/10011524903
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Pension reform in Belarus in the shadow of social Europe : vulnerability issues of people aged 50+ and points for improvement
Naūrodski, Sierž - 2016
fact that raising the retirement age is overdue in Belarus to address demographic challenges, it may have a negative impact … on the quality of life of people close to retirement age as well as a poorer GDP effect within current conditions on the …
Persistent link: https://www.econbiz.de/10011690961
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Saving social security
Lane, Edward - 2024
curtailment. While Congress will most probably prevent benefits from being reduced for retirees and those nearing retirement, the …
Persistent link: https://www.econbiz.de/10014480253