A large share of the population in emerging market economies has no pension coverage, exposing them to the economic risks arising from socio-economic and individual shocks. This problem, which arises from having large informal (unregulated) sectors, affects not only poor workers, but as many as...

The study identifies three groups of problems in the Lithuanian pension environment: fiscal problems, poverty of retired people, and problems related to working and saving incentives. The future of the current pension system is suspect, as the population share of the elderly is increasing and...

To our knowledge, this paper provides the first study evaluating the effects of higher education for adults on the timing of retirement. Using detailed longitudinal population register data 1982-2010, we track first-time enrollees in higher education in 1992-1993. Our sample is aged 42-55 at the...

We analyze the impact of population aging on Japan's household saving rate and on its public pension system and the impact of that system on Japan's household saving rate and obtain the following results: first, the age structure of Japan's population can explain the level of, and past and...

Das Bundesverfassungsgericht hat entschieden, dass die Erhebung einheitlicher Beitragssätze in der Gesetzlichen Pflegeversicherung für Personen mit und ohne Kinder gegen den Gleichheitsgrundsatz der Verfassung verstoße. In dieser Arbeit prüfen wir unterschiedliche Argumente dafür,...