This paper analyzes behavioral responses to a reform in the German public pension system that allowed individuals with … high-quality administrative data from public pension insurance accounts, we first conduct an event study to quantify … characteristics. With additional pension insurance expenditures of 3.4 billion euro and aggregate fiscal costs of 6.5 billion euro in …

perspective and considers household retirement incomes in the light of analysing old-age poverty and designing (minimum) pension …Providing a decent living standard and preventing old-age poverty are the two major challenges of pension insurance … pension schemes with respect to the systems "raison d’être". The focus of the present paper turns away from individual …

China?s pension system is in need of comprehensive reform in that it is fragmented in its coverage and significantly … substantial in China and it will be important to know whether changes in pension arrangements will widen or narrow these … sector in which workers have no pension coverage and a formal sector in which some workers are covered. In addition we …

) pension system has a negative impact on inflation, but these effects are dampened under general equilibrium conditions and … demographic change and size of pension systems is carried out for a selected sample of individual countries. Findings suggest that … aging countries with generous PAYG pension systems face strong deflationary pressures while countries that face aging but …