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This Policy Brief summarizes trends in spending on social security cash transfers and services in Australia since 1980; examines trends in the proportion of the population receiving different social security payments and compares Australian social security spending with other OECD countries
Persistent link: https://www.econbiz.de/10013216462
Whether social transfers should be targeted or universal is an unsolved debate that is particularly relevant for the implementation of social protection schemes in developing countries. While the limited availability of public resources encourages targeting, the difficulty in identifying the...
Persistent link: https://www.econbiz.de/10011723774
Differences in life expectancy between high and low socioeconomic groups are often large and have widened recently in many countries. Such longevity gaps affect the actuarial fairness and progressivity of public pension systems. However, behavioral responses to longevity and policy complicate...
Persistent link: https://www.econbiz.de/10012314266
We investigate the differential impact that pension systems have on the labor supply and the accumulation of physical and human capital for individuals that differ by their learning ability and levels of life expectancy. Our analysis is calibrated to the US economy using a general equilibrium...
Persistent link: https://www.econbiz.de/10011625626
Differences in life expectancy between high and low socioeconomic groups are often large and have widened recently in many countries. Such longevity gaps affect the actuarial fairness and progressivity of public pension systems. However, behavioral responses to longevity and policy complicate...
Persistent link: https://www.econbiz.de/10012099190
inequality. We develop an overlapping generations model in which individuals differ by their life expectancy and in the cost of …
Persistent link: https://www.econbiz.de/10012142180
inequality. We develop an overlapping generations model in which individuals differ by their life expectancy and in the cost of …
Persistent link: https://www.econbiz.de/10012126117
We investigate the differential impact that pension systems have on the labor supply and the accumulation of physical and human capital for individuals that differ by their learning ability and levels of life expectancy. Our analysis is calibrated to the US economy using a general equilibrium...
Persistent link: https://www.econbiz.de/10011620616
This Handbook entry presents a conceptual, normative overview of the subject of taxation. It emphasizes the relationships among the main functions of taxation—notably, raising revenue, redistributing income, and correcting externalities—and the mapping between these functions and various...
Persistent link: https://www.econbiz.de/10014023506
older worker labor force participation. The paper explores the effect of past reforms on inequality in old age. We … distinguish two separate effects: The mechanical effect considers the change in inequality and expected benefit levels due to the … the lowest income quintile. Behavioral changes had a positive but orders of magnitude smaller effect. Overall, inequality …
Persistent link: https://www.econbiz.de/10014462141