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Rising household debt has become a major policy concern in Korea. By the end of 2012, it had risen to 164% of disposable income, well above the OECD average of 133%. In addition to the economic impact and the risk to the financial sector, it raises social cohesion issues, as households with low...
Persistent link: https://www.econbiz.de/10010464911
This paper uses household level data from the German Socio-Economic Panel (GSOEP) over the period 1991 to 2008 to analyse the driving factors of movements in the German household savings rate. Specifically, it analyses the impact of the precautionary savings motive and the impact of the 2002...
Persistent link: https://www.econbiz.de/10009696504
The potential implications of gender differences in financial literacy are far-reaching. This paper describes the findings of a review of the literature on gender differences in financial literacy with the aim to better understand their causes and consequences, as well as possible policy...
Persistent link: https://www.econbiz.de/10009684043
based on data that contains biased human decisions. This has led to a call for fairness-aware machine learning. However …, fairness is a complex concept which is also reflected in the attempts to formalize fairness for algorithmic decision making …. Statistical formalizations of fairness lead to a long list of criteria that are each flawed (or harmful even) in different …
Persistent link: https://www.econbiz.de/10012059236
Policy discussions on pension systems generally focus on their sustainability and design, including retirement age, income reference and contributory period while relative little attention is devoted to the tax treatment of pension contributions and pension benefits. However, tax expenditures -...
Persistent link: https://www.econbiz.de/10011982160
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This note focuses on the design of fair and work-oriented unemployment benefits, with a specific focus on Belgium, a country in which the design of the unemployment benefits system has become the subject of an intense policy debate in recent years. After taking stock of the most recent...
Persistent link: https://www.econbiz.de/10012180235
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