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Diese Dissertation besteht aus drei Aufsätzen aus den Bereichen Arbeitsmarktökonomie, berufliche Vorsorge und Sozialpolitik, die sich mit den Auswirkungen öffentlicher Gesetzgebung und makroökonomischer Schocks auf individuelle Verhaltensweisen befassen. Der zweite und dritte Aufsatz...
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benefit (DB), pension equity (PE), cash balance (CB), and defined contribution (DC) retirement plans. Plan provisions of …
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Proposed changes in the U.S. Social Security provisions include increasing the normal retirement age from 65 to 67 and … changing from 3% to 8% the increase in benefits for each year that retirement is delayed after normal retirement. The paper … force participation, but that changes in the firm plan - like increasing the early retirement age - would have very large …
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Given 1) a history of asset returns, 2) an individual's life expectancy table, and 3) a utility function describing a retiree's tradeoff between income, variability, and risk of shortfall, there is a spending and asset allocation strategy that would have historically provided maximum utility....
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