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deductions for early retirement. This paper examines the evolution of the profitability of pension contributions against the …
Persistent link: https://www.econbiz.de/10010362261
deductions for early retirement. This paper examines the evolution of the profitability of pension contributions against the …
Persistent link: https://www.econbiz.de/10010362934
scheme. We show that when retirement decisions are endogenous, aging increases the retirement age and the steady state level … of capital. The effect on pension payouts is in general ambiguous, except for the solution of full retirement, when this …
Persistent link: https://www.econbiz.de/10011480809
scheme that transfers individual consumption from the working years to the retirement phase of the lifecycle. It discusses … postpone retirement marginally toward the end of the working life. The chapter examines additional criteria (fairness …
Persistent link: https://www.econbiz.de/10011993112
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/10010436875
. For those alive and thus allowed to vote, the temporary reduction in taxes outweighs the reduction in retirement benefits …
Persistent link: https://www.econbiz.de/10012648353
A model is presented that explains the mix between funded and unfunded pension systems. It turns out that total pension and the relative shares of the two systems may be explained and are determined by the population growth rate, technological growth, the time-preference discount rate, that...
Persistent link: https://www.econbiz.de/10011514202
; retirement ; disability insurance ; health …
Persistent link: https://www.econbiz.de/10009738279
Persistent link: https://www.econbiz.de/10003646203