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Poor heath, large acute and long-term care medical expenses, and spousal death are significant drivers of impoverishment among retirees. We document these facts and build a rich, overlapping generations model that reproduces them. We use the model to assess the incentive and welfare effects of...
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A well‐established result in the literature is that Social Security reduces steady state welfare in a standard life cycle model. However, less is known about the historical quantitative effects of the program on agents who were alive when the program was adopted. In a computational life cycle...
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social policy better reduces poverty than social policies targeted at the poor. This article revisits Korpi and Palme … average share of household income from welfare transfers), low-income targeting, and universalism - and poverty and … developed and developing countries. Consistent with Korpi and Palme, we show (1) poverty is negatively associated with transfer …
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und betrieblichen Sozialpolitik. Dabei sind bisherige Erfahrungen wie auch Reformoptionen Gegenstand kritischer Analysen …, die anläßlich mehrerer Tagungen des Ausschusses für Sozialpolitik (im Verein für Socialpolitik) vorgelegt wurden …
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