Showing 71 - 80 of 29,335
Many Americans claim Social Security benefits early, though this leaves them with lower benefits throughout retirement. We build a lifecycle model that closely tracks claiming patterns under current rules, and we use it to predict claiming delays if, by delaying benefits, people received a lump...
Persistent link: https://www.econbiz.de/10012113997
This paper investigates whether exchanging the Social Security delayed retirement credit, currently paid as an increase in lifetime annuity benefits, for a lump sum would induce later claiming and additional work. We show that people would voluntarily claim about half a year later if the lump...
Persistent link: https://www.econbiz.de/10010481511
This chapter focuses on institutional investors in the German financial markets. Institutional investors are specialized financial intermediaries who collect and manage funds on behalf of small investors toward specific objectives in terms of risk, return and maturity. The major types of...
Persistent link: https://www.econbiz.de/10010958726
This paper gives a literature review for the affecting factors of pension reforming,the result indicates that,(1 …)Efficiency and equity are the two aspects of pension system ,and the aging problem,labor productivity,ma- croeconomic environment … way to strengthen the ability to cope with aging and improve the budget condi- tion for pension system.(3)In order to …
Persistent link: https://www.econbiz.de/10011261082
Longevity is increasing in the whole world, and savings for retirement are growing quickly. There is a potential demand for certainty in the income streams for pensioners since old-fashioned pay-as-you-go systems became financially stressed. A financial product, the annuity contract, offers...
Persistent link: https://www.econbiz.de/10008545980
This chapter focuses on institutional investors in the German financial markets. Institutional investors are specialized financial intermediaries who collect and manage funds on behalf of small investors toward specific objectives in terms of risk, return and maturity. The major types of...
Persistent link: https://www.econbiz.de/10005176461
This paper investigates whether exchanging the Social Security delayed retirement credit, currently paid as an increase in lifetime annuity benefits, for a lump sum would induce later claiming and additional work. We show that people would voluntarily claim about half a year later if the lump...
Persistent link: https://www.econbiz.de/10011185911
Pension reform is high on the policy agenda of many advanced and emerging market economies. In advanced economies the … challenge is generally to contain future increases in public pension spending as the population ages. In emerging market … economies, the challenges are often different. Where pension coverage is extensive, the issues are similar to those in advanced …
Persistent link: https://www.econbiz.de/10010790493
positively influences the stock market capitalization. Our findings suggest that the pension reform has contributed significantly …
Persistent link: https://www.econbiz.de/10013131219
Pension reforms have been high on the political agenda in many developed countries over recent years and pension issues …, public and private pension systems fiscally more sustainable in the light of demographic change. In many developed countries … governments in emerging economies and developing countries have been pursuing their own pension reform agendas. Nevertheless …
Persistent link: https://www.econbiz.de/10013144559