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viewing the subsidy by net income or individual gross hourly wages, it can be seen that this policy is poorly targeted …
Persistent link: https://www.econbiz.de/10014235014
We analyze in this whitepaper a way of addressing both targeting and financing in a direct payment (or “stimulus check”) program to provide households with additional liquidity during the economic downturn associated with the COVID-19 virus: by allowing voluntary loans to individuals in...
Persistent link: https://www.econbiz.de/10012244518
For more than 25 years, the Social Security Trust Fund has been projected to run out of money in 2033 (give or take a few years), potentially causing benefits to be severely reduced in the absence of corrective legislative action. Today (February 2024), projections are made by the Social...
Persistent link: https://www.econbiz.de/10014480253
of a public pension system we assume risk-averse individuals who are uncertain about lifetime and disposable income and …
Persistent link: https://www.econbiz.de/10009748294
This paper uses a heterogeneous-agent overlapping-generations model to examine the fiscal and distributional consequences of introducing a means test in US Social Security. I find that a means test, that is, conditioning benefit payments on a household's earnings or assets, leads to a higher...
Persistent link: https://www.econbiz.de/10014513264
Dieser Beitrag enthält drei Kurzartikel. Der erste behandelt die Wirtschaftspolitik, der zweite die Soziale Sicherung. Der dritte skizziert den Ansatz der Ökonomischen Ethik, ein Forschungsprogramm, das in jüngster Zeit auch unter der Bezeichnung "Ordonomik" vorangetrieben wird. Eingerahmt...
Persistent link: https://www.econbiz.de/10011759728
This paper explores the association between income and stated views on minimum living standards; that is, views on … representative survey, we find the rich are less empathetic. In our baseline model, people at the bottom of the income distribution … report 10% more items as essential than do people at the top of the income distribution. The negative relationship between …
Persistent link: https://www.econbiz.de/10012604403
In Germany, there is an ongoing debate about how to increase the efficiency of the social security system and especially its financing. The aim of this paper is to simulate different financing systems for Germany. The introduction of a Liberal British or the Southern Greek financing system...
Persistent link: https://www.econbiz.de/10011635011
This paper studies the income of Swedish households belonging to the baby boom generation, i.e., those born in the 1940 …-50. An international comparison as well as an historical presentation of income patterns is given. However, the main purpose … is to generate the future income of the baby boom generation as they get older. A major result is that the income …
Persistent link: https://www.econbiz.de/10012779197
In this paper we analyse several measures which are typically included in a social security reform: a cut in the social security benefits, an increase in the social security tax and tax incentives for the purchase of private life annuities, which have recently become quite popular at the...
Persistent link: https://www.econbiz.de/10010294515