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Inequality in an OLG economy with heterogeneous cohorts and pension systems
Tyrowicz, Joanna; Makarski, Krzysztof; Bielecki, Marcin - 2018
We analyze the consumption and wealth inequality in an OLG model with mandatory pension systems. Our framework features … consumption inequality and wealth inequality. Second, a pension system reform from a defined benefit to a defined contribution … works to reinforce consumption inequality and reduce wealth inequality. Third, minimum pension benefits are able to …
Persistent link: https://www.econbiz.de/10011876189
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Inequality in an OLG economy with heterogeneous cohorts and pension systems
Tyrowicz, Joanna; Makarski, Krzysztof; Bielecki, Marcin - 2018
We analyze the consumption and wealth inequality in an OLG model with mandatory pension systems. Our framework features … consumption inequality and wealth inequality. Second, a pension system reform from a defined benefit to a defined contribution … works to reinforce consumption inequality and reduce wealth inequality. Third, minimum pension benefits are able to …
Persistent link: https://www.econbiz.de/10011872162
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Inequality in an OLG economy with heterogeneous cohorts and pension systems
Tyrowicz, Joanna; Makarski, Krzysztof; Bielecki, Marcin - 2018
We analyze the consumption and wealth inequality in an OLG model with mandatory pension systems. Our framework features … consumption inequality and wealth inequality. Second, a pension system reform from a defined benefit to a defined contribution … works to reinforce consumption inequality and reduce wealth inequality. Third, minimum pension benefits are able to …
Persistent link: https://www.econbiz.de/10011872184
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Reforming retirement age in DB and DC pension systems in an aging OLG economy with heterogenous agents
Tyrowicz, Joanna; Makarski, Krzysztof; Bielecki, Marcin - In: IZA Journal of Labor Policy 5 (2016) 8, pp. 1-36
We analyze the effects of increasing the retirement age in two economies with overlapping generations and within cohort ex ante heterogeneity. The first economy has a defined benefit system, and the second economy is in transition from a defined benefit to a defined contribution. We find that if...
Persistent link: https://www.econbiz.de/10011606590
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Reforming retirement age in DB and DC pension systems in an aging OLG economy with heterogenous agents
Tyrowicz, Joanna; Makarski, Krzysztof; Bielecki, Marcin - In: IZA journal of labor policy 5 (2016) 8, pp. 1-36
We analyze the effects of increasing the retirement age in two economies with overlapping generations and within cohort ex ante heterogeneity. The first economy has a defined benefit system, and the second economy is in transition from a defined benefit to a defined contribution. We find that if...
Persistent link: https://www.econbiz.de/10011522240
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Inequality in an OLG economy with heterogeneous cohorts and pension systems
Tyrowicz, Joanna; Makarski, Krzysztof; Bielecki, Marcin - In: Journal of economic inequality 16 (2018) 4, pp. 583-606
Persistent link: https://www.econbiz.de/10012055166
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Evaluating welfare and economic effects of raised fertility
Makarski, Krzysztof; Tyrowicz, Joanna; Malec, Magda - 2019
longevity. However, an increased number of births implies immediate private costs and only delayed public benefits of younger …
Persistent link: https://www.econbiz.de/10011993660
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Evaluating Welfare and Economic Effects of Raised Fertility
Makarski, Krzysztof; Tyrowicz, Joanna; Malec, Magda - 2019
longevity. However, an increased number of births implies immediate private costs and only delayed public benefits of younger …
Persistent link: https://www.econbiz.de/10012005973
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Evaluating Welfare and Economic Effects of Raised Fertility
Makarski, Krzysztof - 2019
longevity. However, an increased number of births implies immediate private costs and only delayed public benefits of younger …
Persistent link: https://www.econbiz.de/10012870210
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Evaluating welfare and economic effects of raised fertility
Makarski, Krzysztof; Tyrowicz, Joanna; Malec, Magda - 2019
longevity. However, an increased number of births implies immediate private costs and only delayed public benefits of younger …
Persistent link: https://www.econbiz.de/10011993212