Narrow search
Showing 1 - 10 of 661
Cover Image
Demography and provisions for retirement : the pension composition, a behavioral approach
Praag, Bernard M. S. van; Hop, J. Peter - 2020
interests of the different groups are only partly coinciding. For a given demography and interest rate, the joint result of the … in the capital market with a corresponding equilibrium interest rate. In this paper we assume a demography with one … determined by the demography and cannot be modified at will as a long-term political instrument. We find that this is relevant …
Persistent link: https://www.econbiz.de/10012160984
Cover Image
Demography and provisions for retirement : the pension composition, a behavioral approach
Praag, Bernard M. S. van; Hop, J. Peter - 2020
interests of the different groups are only partly coinciding. For a given demography and interest rate, the joint result of the … in the capital market with a corresponding equilibrium interest rate. In this paper we assume a demography with one … determined by the demography and cannot be modified at will as a long-term political instrument. We find that this is relevant …
Persistent link: https://www.econbiz.de/10012154725
Cover Image
Demography and provisions for retirement : the pension composition, an equilibrium approach
Praag, Bernard M. S. van; Hop, J. Peter - 2018
social security is decided upon by the median voter. For a given demography and interest rate the joint result of those … interest rate. In this paper we assume a demography with hundred age brackets and we investigate how changes in the birth and … security in particular is determined by the demography and cannot be used as long-term political instrument. We find that this …
Persistent link: https://www.econbiz.de/10011870742
Cover Image
Demography and provisions for retirement : the pension composition, a behavioral approach
Praag, Bernard M. S. van; Hop, J. Peter - In: Journal of demographic economics : JODE 87 (2021) 1, pp. 1-31
Persistent link: https://www.econbiz.de/10012437336
Cover Image
Saving and taxation in a voluntary pension system : toward an agent-based model
Király, Balázs; Simonovits, András - 2016
Mandatory pension systems only partially replace old-age income, therefore the government also operates a voluntary pension system, where savings are matched by government grants. Accounting for the resulting tax expenditure, our models describe the income flow from shortsighted to farsighted...
Persistent link: https://www.econbiz.de/10011451322
Cover Image
Optimal sharing of labor productivity risks and mix of pay-as-you-go and savings
Kusmerski Bilard, Debora - 2008
The paper addresses two related issues: the optimal intergenerational sharing of laborproductivity risks, through a Pay-As-You-Go (PAYG) social security, and the mix ofPAYG and savings for retirement provision in a small open economy. It shows that partial contingency of the social security on...
Persistent link: https://www.econbiz.de/10011376622
Cover Image
Tax-favored retirement accounts : are they efficient in increasing savings and growth?
Fehr, Hans; Habermann, Christian; Kindermann, Fabian - 2006
The present paper aims to quantify the macroeconomic and welfare effects of taxfavored retirement accounts. Starting from an equilibrium without saving incentives, we introduce such accounts and compute the new transition path and the resulting long-run equilibrium. Since our...
Persistent link: https://www.econbiz.de/10009744912
Cover Image
Savings, child support, pensions and endogenous (and heterogeneous) fertility
Simonovits, András - 2013
van Groezen, Leers and Meijdam (2003) (for short, GLM) analyzed combination of public pension and child support in an OLG model. We impose credit constraint on workers, and extend GLM's analysis from the case where workers do not understand the cost also to the case where they do. GLM's infinite...
Persistent link: https://www.econbiz.de/10010193875
Cover Image
Progressive tax changes to superannuation in a lifecycle framework
Kudrna, George; Woodland, Alan D. - 2015
This paper provides a quantitative analysis of hypothetical replacements of existing tax arrangements applied to superannuation (Australia.s term for private pensions) with traditional EET and TEE regimes. These taxation regimes exempt pension fund earnings from any taxation and tax either...
Persistent link: https://www.econbiz.de/10011404438
Cover Image
Optimal Sharing of Labor Productivity Risks and Mix of Pay-as-You-Go and Savings
Kusmerski, Debora - 2012
The paper addresses two related issues: the optimal intergenerational sharing of labor productivity risks, through a Pay-As-You-Go (PAYG) social security, and the mix of PAYG and savings for retirement provision in a small open economy. It shows that partial contingency of the social security on...
Persistent link: https://www.econbiz.de/10012712681