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Population aging imposes a challenge for the public pension systems in many developed countries. The solvency of the pension system requires a broad set of policy measures. The paper addresses the following question: What are the macroeconomic consequences of increasing the social security...
Persistent link: https://www.econbiz.de/10013399869
, necessary beyond 2025. As the enacted savings rate target is conservative, individual pensions keep retirement income sufficient …
Persistent link: https://www.econbiz.de/10001623733
, necessary beyond 2025. As the enacted savings rate target is conservative, individual pensions keep retirement income sufficient …
Persistent link: https://www.econbiz.de/10011403229
affected Social Security benefits and taxes. The analysis uses data from the Health and Retirement Study to ask how different … stream and faced the same benefit formula. We find that for those in the Early Boomer cohort of the Health and Retirement …
Persistent link: https://www.econbiz.de/10013136157
affected Social Security benefits and taxes. The analysis uses data from the Health and Retirement Study to ask how different … and Retirement Study, ages 51 to 56 in 2004, that after adjusting for nominal wage growth, benefits were increased by 1 …
Persistent link: https://www.econbiz.de/10013136554
affected Social Security benefits and taxes. The analysis uses data from the Health and Retirement Study to ask how different … and Retirement Study, ages 51 to 56 in 2004, that after adjusting for nominal wage growth, benefits were increased by 1 …
Persistent link: https://www.econbiz.de/10012462156
Persistent link: https://www.econbiz.de/10012227986
-calculation window, combined with the discrete change in the probability of retirement at the minimum retirement age. We find that … retirement age, reaching a 3% increase on average. This is not the case for employees of large firms, where earnings …
Persistent link: https://www.econbiz.de/10012178010
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