Showing 41 - 50 of 25,076
Turner identifies the current problems facing pension policy for U.S. employer-provided pension plans and recommends solutions to those problems based on his examination of pension systems in other industrialized nations.
Persistent link: https://www.econbiz.de/10008472726
The contributions in this Explorations section reveal differences across countries in the support systems of the elderly and shows that poverty among the elderly has not been eliminated, even in rich countries. Social insurance systems with an adequate minimum benefit do the best job of avoiding...
Persistent link: https://www.econbiz.de/10005484838
We develop a model of an overlapping generations economy characterized by private pensions where risk averse agents … a result of differences in the costs of administering pension funds. Thus, identical agents' pensions may yield …
Persistent link: https://www.econbiz.de/10005491010
Persistent link: https://www.econbiz.de/10005590852
This Selected Issues paper attempts to quantify the impact of the demographic shift on growth and public finances in Switzerland. It examines the intertemporal consistency between current policy plans and unfunded liabilities, focusing primarily on social security, and explores policy options....
Persistent link: https://www.econbiz.de/10005598861
In the USSR in 1990, social security reforms led to the imposition of a uniform system of benefits in a large and demographically diverse country. This required inter-regional transfers, which are now no longer feasible with the demise of the USSR. Relatively high contribution rates also pose a...
Persistent link: https://www.econbiz.de/10005599581
The paper discusses the limits to market-based risk transfer in the financial system and the implications for the management of systemic long-term financial risks. Financial instruments or markets to transfer and better manage these risks across institutions and sectors are, as yet, either...
Persistent link: https://www.econbiz.de/10005599607
Hong Kong SAR's population is aging rapidly. This paper concludes that, without a change in policies, aging could adversely affect growth and living standards. While higher labor productivity growth and increased migration of younger skilled workers from the Chinese mainland, would attenuate the...
Persistent link: https://www.econbiz.de/10005604947
This paper constructs a structural retirement model with hyperbolic preferences and uses it to estimate the effect of … substantial amounts of wealth for retirement. We find it is frequently difficult to distinguish empirically between models with … the two types of preferences on the basis of asset accumulation paths or consumption paths around the period of retirement …
Persistent link: https://www.econbiz.de/10010574351
Many baby boom era workers, those born between 1946 and 1962, count on various retirement benefits accumulated during … Anil Kumar discusses the retirement outlook for baby boomers and growth of 401(k)-type retirement accounts. …
Persistent link: https://www.econbiz.de/10008764371