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average, LAC's pension systems are subsidized, as they provide pensions above what workers would have obtained by investing … replacement rates (pensions relative to earnings) for low-income workers. Despite this progressivity, in some countries, absolute … much more progressive, but still, because low-income workers do not qualify for minimum pensions, between 50-60% of …
Persistent link: https://www.econbiz.de/10014545279
retiring Canadian, average Canadians will need little in the way of occupational pensions or retirement saving to live … government pensions. …
Persistent link: https://www.econbiz.de/10005481824
In this paper, we examine whether adult education delays retirement and increases labour force participation among the elderly, a mechanism suggested in the OECD strategy for “active ageing” and the “Lisbon strategy” of the EU. Using register data from Sweden, we analyse transcripts from...
Persistent link: https://www.econbiz.de/10008522063
Several studies have suggested that education is associated with later retirement from the labour market. In this paper, we examine whether adult education, involving enrolees aged 42 or above, delays retirement to potentially increase labour force participation among the elderly. With Swedish...
Persistent link: https://www.econbiz.de/10005644739
generated by the social security system in interaction with occupational pensions, income taxes as well as housing allowances …
Persistent link: https://www.econbiz.de/10005649437
Several studies have suggested that education is associated with later retirement from the labour market. In this paper, we examine whether adult education, involving enrolees aged 42 or above, delays retirement to potentially increase labour force participation among the elderly. With Swedish...
Persistent link: https://www.econbiz.de/10005652032
We analyze the influence of health and financial incentives on the retirement behavior of older workers in France, building upon Stock and Wise (1990) option value approach. The model accounts for three main retirement routes: the normal retirement, disability insurance (DI) and...
Persistent link: https://www.econbiz.de/10010797655
Pension programs in Latin America have low coverage. We use large panel databases coming from administrative records of Argentina, Chile and Uruguay to characterize the histories of contribution of the population. We compute three indicators: density of contribution, transition rates and...
Persistent link: https://www.econbiz.de/10010626193
This paper constructs a structural retirement model with hyperbolic preferences and uses it to estimate the effect of several potential Social Security policy changes. Estimated effects of policies are compared using two models, one with hyperbolic preferences and one with standard exponential...
Persistent link: https://www.econbiz.de/10010574351
decreases with pension contributions and increases with taxes; (ii) the introduction of fertility-dependent pensions may …
Persistent link: https://www.econbiz.de/10010705549