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contribution scheme. In particular we examine the relationship between retirement, fertility and pensions in a three …-period overlapping generations model. We focus on both the case of mandatory retirement and the case where the retirement age is freely … chosen. In the case of mandatory retirement, increasing longevity has an unambiguously negative impact on fertility and …
Persistent link: https://www.econbiz.de/10011994093
Persistent link: https://www.econbiz.de/10013269939
This paper studies retirement and child support policies in a small, open, overlapping-generations economy with PAYG … social security and endogenous retirement and fertility decisions. It demonstrates that neither fertility nor retirement … the retirement age. Finally, the model is simulated in order to study whether the policies devoted to realizing the social …
Persistent link: https://www.econbiz.de/10012405524
Persistent link: https://www.econbiz.de/10012505464
Pensions may be provided for in a modern society by several methods, viz., voluntary individual savings, mandatory …
Persistent link: https://www.econbiz.de/10011870742
Persistent link: https://www.econbiz.de/10014249050
Persistent link: https://www.econbiz.de/10014485333
We introduce and analyze a novel collective defined contribution plan (CDC) which guarantees upon retirement at least a … severely worse than expected. Our work indicates that guaranteed retirement benefits can be organized via a CDC scheme with IRS …
Persistent link: https://www.econbiz.de/10014254632
We introduce and analyze a novel collective defined contribution plan (CDC) which guarantees upon retirement at least a … severely worse than expected. Our work indicates that guaranteed retirement benefits can be organized via a CDC scheme with IRS …
Persistent link: https://www.econbiz.de/10014349939
relates the retirement age to expected life expectancy. Beyond this, we investigate how the government measures in the …
Persistent link: https://www.econbiz.de/10014263980