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processes in Germany, France, and the United Kingdom, the chapter explores the structural and political sources of these …
Persistent link: https://www.econbiz.de/10014036266
The goal of this study is to present an insider view on the pension reforms implemented in Hungary between 1996 and … structure of the paper is as follows: Section 1 considers the legacy of the pension system. Section 2 summarises the debate on … the pension reform and the basic decisions. Section 3 outlines the implementation of the pension reform, while Section 4 …
Persistent link: https://www.econbiz.de/10004964190
Precipitated by rapid globalization, rising inequality, population growth, and longevity gains, social protection programs have been on the rise in developing countries in the last three decades. However, the introduction of public benefits could displace informal mechanisms for risk-protection,...
Persistent link: https://www.econbiz.de/10012651480
Aging populations in developing countries have spurred the introduction of public pension programs to preserve the …-in-difference-in-differences (DDD) approach how a new pension program impacts inter vivos transfers. We show that pension benefits lower the propensity …
Persistent link: https://www.econbiz.de/10012062263
Aging populations in developing countries have spurred the introduction of public pension programs to preserve the …-in-difference-in-differences (DDD) approach how a new pension program impacts inter vivos transfers. We show that pension benefits lower the propensity …
Persistent link: https://www.econbiz.de/10012159232
form of supplementary pension cover than the employed. These lower retirement rates and lower degrees of pension cover … labour market career may reflect lower rates of retirement among the self-employed compared to employees, as well as …-employed people at older ages in Ireland results from lower retirement rates among the self-employed and not from transitions from …
Persistent link: https://www.econbiz.de/10011931628
from a lack of pension income. In this paper, we use data from the first four waves of the Irish Longitudinal Study of …+. We find that a lack of pension income is an important determinant of later-life working and that this applies for both …
Persistent link: https://www.econbiz.de/10011931629
Many nations incentivize retirement saving by letting workers defer taxes on pension contributions, imposing them when … taxing pension contributions instead of withdrawals leads to delayed retirement, somewhat lower lifetime tax payments, and …
Persistent link: https://www.econbiz.de/10013466634
Most Americans have not estimated how much they need to save for retirement. This lack of awareness may contribute to … low levels of retirement savings. We investigate the relation between planning and retirement wealth. Those who have … estimated how much they need to save for retirement have significantly higher retirement wealth. Respondents who rely on an …
Persistent link: https://www.econbiz.de/10013089188
three well-established puzzles in the retirement literature. The first puzzle is that, given incentives, the extent of … bunching of labour market exits at legislated state pension ages (SPA) seems incompatible with rational expectations (e … on wealthier people. The second puzzle is that people are often mistaken about their own pension provisions (e.g. Gustman …
Persistent link: https://www.econbiz.de/10012889516