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The long-term development of the social security system is a crucial policy issue in terms of both financial sustainability and adequacy, which constitute a difficult trade-off facing the policy maker. The particular complexity of this issue, also in the light of demographic dynamics and the...
Persistent link: https://www.econbiz.de/10010850520
from Turkey and India, developing countries rank low due to low spending on the old (pensions, health care) and the young …
Persistent link: https://www.econbiz.de/10009371246
the Netherlands Ageing and Pensions model). SADNAP is being developed for calculating the financial and economic … pensions. SADNAP has already been in use since 2007 for forecasting the state pension expenditures and for analysing the …. For the modelling of income redistribution a new micro data source with individual data on private pensions is combined …
Persistent link: https://www.econbiz.de/10009371291
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
Extending working lives is often proposed as one route through which the costs associated with population ageing can be managed. In that context, understanding who currently works for longer can help policymakers to design policies to facilitate longer working. In particular, it is important to...
Persistent link: https://www.econbiz.de/10011931629
In order to study the macroeconomic effects of public finances, we construct a computable general equilibrium model with overlapping generations, endogenous growth and endogenous retirement age. We calibrate this model on Belgian data. We show that it is able to replicate the observed increase...
Persistent link: https://www.econbiz.de/10004985271
pensions, while women are over-represented in the assistential and survivor pension programs. This difference is linked to the …
Persistent link: https://www.econbiz.de/10004990419
Reforming pensions is a central policy issue in developed and developing countries alike. However, it is challenging … study combines painstaking, rigorous analysis with clear, easy-to-understand presentation of empirical results. Pensions … future of pensions can all use as a reference point. International comparisons of retirement-income regimes to date have …
Persistent link: https://www.econbiz.de/10004991287
effect of a longer lifespan; an uncertainty effect through the return on savings; a longevity risk effect; and, an adverse … selection effect from pooling within pensions. We use data from the first three waves of the English Longitudinal Study of …
Persistent link: https://www.econbiz.de/10005106676
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