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Whither systemic reform? : a critical review of the literature on the distributional and income adequacy effects of systemic pension reforms
Ferber, Marianne A.; Simpson, Patricia A. - In: Management revue : socio-economic studies 20 (2009) 3, pp. 254-267
Persistent link: https://www.econbiz.de/10003888831
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Whither systemic reform? : a critical review of the literature on the distributional and income adequacy effects of systemic pension reforms
Ferber, Marianne A.; Simpson, Patricia A. - In: Management revue : socio-economic studies 20 (2009) 3, pp. 254-267
changes in elderly poverty and income inequality?*** The present study examines the current state of knowledge with regard to … these relationships. The study is divided into four parts: 1) an overview of data indicating that elderly poverty began to … suggests definedcontribution accounts will adversely impact elderly poverty and income inequality; 3) a review of confounding …
Persistent link: https://www.econbiz.de/10009775235
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Pension programs around the world : determinants of social pension
Rudolph, Alexandra - 2016
Old-age poverty is to become one of the most pressing issues in the coming decades given the demographic trends … fight against all forms of poverty (SDG 1), through shocks on consumption and production patterns within countries … instrument to fight old-age poverty. A new comprehensive global data set of 185 countries over the 1960-2012 period on the …
Persistent link: https://www.econbiz.de/10011518737
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New legal standards for investment policy of open pension funds
Jakubowski, Sebastian - In: Economic and environmental studies : a journal for … 15 (2015) 1, pp. 75-91
The global financial crisis affected also Polish pension market. Low or negative rate return on pension capital accumulated in Open Pension Funds led to social disappointment and growth of feeling of social insecurity. Prolonged financial crisis together with sluggish economic growth forced...
Persistent link: https://www.econbiz.de/10011308620
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Life-cycle unemployment, retirement, and parametric pension reform
Fisher, Walter H.; Keuschnigg, Christian - 2011
This paper investigates the consequences of pension reform for life-cycle unemployment and retirement. We find that (i) improving actuarial fairness in pension assessment not only boosts old age participation but also reduces unemployment among prime age workers and raises welfare; (ii)...
Persistent link: https://www.econbiz.de/10009686201
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Labor migration: macroeconomic and demographic outlook for Europe and neighbourhood regions
Borgy, Vladimir (contributor); Chojnicki, Xavier (contributor) - 2008
In this paper, we assess the demographic and economic consequences of migrations in Europe and neighbourhood countries. In order to do so, we rely on a multi-region world overlapping generations model (INGENUE2). The rich modeling framework of this multi-regions model allows us to put into...
Persistent link: https://www.econbiz.de/10003719730
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Social Security on Auto-Pilot : International Experience with Automatic Stabilizer Mechanisms
Bosworth, Barry - 2011
new legislation. We examine the cases of automatic stabilizer mechanisms (ASMs) in Canada, Sweden, Germany and Italy, with …
Persistent link: https://www.econbiz.de/10013117635
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Global Pension Systems and Their Reform : Worldwide Drivers, Trends, and Challenges
Holzmann, Robert - 2012
Across the world, pension systems and their reforms are in a constant state of flux driven by shifting objectives, moving reform needs, and a changing enabling environment. The ongoing worldwide financial crisis and the adjustment to an uncertain “new normal” will make future pension systems...
Persistent link: https://www.econbiz.de/10013099759
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Long-Run Biological Interest Rate for Pay-as-You-Go Pensions in Advanced and Developing Countries
Nozaki, Masahiro - 2017
How much of an internal rate of return would a sustainable pay-as-you-go pension system offer current and future generations equally? The answer is the sum of the Long-Run Biological Interest Rates (LBIR), the real-world equivalent of Samuelson's (1958) biological interest rate, and future...
Persistent link: https://www.econbiz.de/10012956469
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Public Sector Pensions : Rationale and International Experiences
Eich, Frank - 2010
government might pursue a number of objectives going beyond poverty alleviation by offering more generous pensions but also …
Persistent link: https://www.econbiz.de/10013144535