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higher-return tax-advantaged private pensions and in housing. Second, we find that only the most patient households achieve …
Persistent link: https://www.econbiz.de/10012215428
Security pensions, unemployment benefits and Social Assistance transfers. The income flows to the State comprise direct taxes … pensions - are very concentrated and regressive. Factors related to the private sector are still concentrated, but progressive …
Persistent link: https://www.econbiz.de/10012234206
Given the prevalence of informal labor, most countries have combined contributory social insurance programs (pensions … equity, and reduce labor market distortions. We illustrate this type of integration with the case of old-age pensions which …
Persistent link: https://www.econbiz.de/10012269936
We address the question of whether the heterogeneity in savings is partly due to differences in pension wealth across individuals and across countries, using a European harmonised wealth survey (HFCS) combined with estimates of pension wealth (OECD). First, we find significant displacement...
Persistent link: https://www.econbiz.de/10012422034
Higher fertility slowly increases the workers-to-retirees ratio over the long run, which can ease the pension financing challenge brought about by population aging. It may or may not increase production per capita. Existing simulation studies all find a positive impact on public finances over...
Persistent link: https://www.econbiz.de/10012821234
applied to study welfare and savings implications of automatic enrolment into private pensions. The default option effect on …
Persistent link: https://www.econbiz.de/10013162010
Projections show public pensions to take an increasing share of GDP. This has lead to increased activity in the reform …
Persistent link: https://www.econbiz.de/10013208409
Ageing gives rise to concern about the sustainability of pay-as-you-go pension systems. One reform option suggested is …
Persistent link: https://www.econbiz.de/10013208467
This paper uses the theory of ‘capital as power’ to analyze the struggle over public pensions in the United States …. While mainstream commentators claim that public pensions must be ‘reformed’ because they are ‘under funded’, I argue that … enormous investment fees associated with it. I propose that the deconstruction of public pensions is part of a larger effort to …
Persistent link: https://www.econbiz.de/10013263157
It is a challenge for politics that an aging population leads to demands that the retirement age is increasing while not everyone is able to work to such a higher age. Sweden, like other countries, has several options for early exit from the labour market. However, the regulations have become...
Persistent link: https://www.econbiz.de/10013351866