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In 2011, the Hungarian government introduced seniority pensions (Female40): females, who have been accumulating at least 40 years of eligibility (related to the length of contributions), can retire at any age without actuarial benefit reduction. The elimination of other early retirement scheme...
Persistent link: https://www.econbiz.de/10012012511
Aging creates financial troubles for PAYG pension systems, since the share of retirees to workers increases. An often advocated policy response is to increase retirement age. Ironically, however, the political support for this policy may actually be hindered by population aging. Using Swiss...
Persistent link: https://www.econbiz.de/10011882293
The provision of a universal old age pension is increasingly recognized as an important instrument for strengthening and extending social protection. A growing number of emerging economies, including East African countries, are introducing universal old age pensions to guarantee at least a basic...
Persistent link: https://www.econbiz.de/10012233713
scheme, the amount received is so low that people with reduced earning capacity are at very high risk of poverty and there is … potentially reduce the risk of poverty by around eight percent, there continues to be an above-average likelihood of people with … reduced earning capacity being affected by poverty. In addition, those affected have a low life expectancy, meaning that a …
Persistent link: https://www.econbiz.de/10014294903
In view of rising wage inequality and increasing poverty, the introduction of a legal minimum wage has recently become … an important policy issue in Germany. We analyze the distributional effects of the introduction of a nationwide legal … ineffective in reducing poverty, even if it led to a substantial increase in hourly wages at the bottom of the wage distribution …
Persistent link: https://www.econbiz.de/10003726086
Persistent link: https://www.econbiz.de/10009233316
In view of rising wage inequality and increasing poverty, the introduction of a legal minimum wage has recently become … an important policy issue in Germany. We analyze the distributional effects of the introduction of a nationwide legal … ineffective in reducing poverty, even if it led to a substantial increase in hourly wages at the bottom of the wage distribution …
Persistent link: https://www.econbiz.de/10012724286
In view of rising wage inequality and increasing poverty, the introduction of a legal minimum wage has recently become … an important policy issue in Germany. We analyze the distributional effects of the introduction of a nationwide legal … ineffective in reducing poverty, even if it led to a substantial increase in hourly wages at the bottom of the wage distribution …
Persistent link: https://www.econbiz.de/10013325022
In view of rising wage inequality and increasing poverty, the introduction of a legal minimum wage has recently become … an important policy issue in Germany. We analyze the distributional effects of the introduction of a nationwide legal … ineffective in reducing poverty, even if it led to a substantial increase in hourly wages at the bottom of the wage distribution …
Persistent link: https://www.econbiz.de/10003716530