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We consider three transfer models with a representative individual who discounts the utility of the merit good with respect to the standard one's. In each model, a paternalistic government taxes the consumer and transfers him additional merit goods in return. The private purchase of the merit...
Persistent link: https://www.econbiz.de/10011628049
both for individual retirement planning and for policymakers, especially if legislation makes annuitization, at least in … annuities, which is of relevance to insurance pricing. -- Stochastic Mortality ; Deferred Annuitization ; Retirement Decisions …
Persistent link: https://www.econbiz.de/10003828653
retirement across Canadian provinces. Using linked employer- employee tax data, we show that the bans cause large and similar … reductions in job separation rates and retirement hazards at age 65, with further reductions at higher ages. The effects vary … on savings behavior, workplace injuries, and spousal retirement timing. …
Persistent link: https://www.econbiz.de/10014338675
retirement across Canadian provinces. Using linked employeremployee tax data, we show that the bans cause large and similar … reductions in job separation rates and retirement hazards at age 65, with further reductions at higher ages. The effects vary … on savings behavior, workplace injuries, and spousal retirement timing. …
Persistent link: https://www.econbiz.de/10014380987
population ageing. The pension system relies largely on mandatory private retirement saving, which will moderate the long … for the rest of the population, and its efficiency in securing and valuing these retirement savings to guarantee pension …
Persistent link: https://www.econbiz.de/10011577708
Retirement Study? This article uses household wealth and labor market data from the Health and Retirement Study (HRS …) to investigate how the recent "Great Recession" has affected the wealth and retirement of those approaching retirement … age as the recession began, a potentially vulnerable population. The retirement wealth of people aged 53–58 in 2006 …
Persistent link: https://www.econbiz.de/10014164011
health, labor supply, and consumption using data from the Health and Retirement Study. We use the estimated model and age …
Persistent link: https://www.econbiz.de/10013295043
Persistent link: https://www.econbiz.de/10009784943
scheme contains within-cohort redistribution and induces early retirement. Such a Pareto-improving reform entails the …-neutrality that stimulates later retirement further improves such a flexibility reform. …
Persistent link: https://www.econbiz.de/10010326373
Persistent link: https://www.econbiz.de/10000757851