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Flexibility and Redistribution in Old Age Insurance
Bütler, Monika - In: Swiss Journal of Economics and Statistics (SJES) 138 (2002) IV, pp. 427-437
The reform of old age insurance is one of the pressing problems of Swiss Society. A key policy issue in the ongoing debate is flexibility to better suit the different individual needs of pensioners. This paper argues that more flexible retirement options can have strong impacts on both the...
Persistent link: https://www.econbiz.de/10005148621
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Social security and two-earner households
Kaygusuz, Remzi - Volkswirtschaftliche Fakultät, … - 2011
. Due to spousal and survivor's benefit provisions, the system redistributes (mostly) to single-earner married households … rate. The middle-income single-earner married households experience the largest welfare losses whereas the high-income two …-earner households together with high-income single households experience the largest welfare gains. …
Persistent link: https://www.econbiz.de/10009223351
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Shrinking Boomer Social Security Retirement Benefits
Lipman, Francine J. - 2007
In 2008, the oldest of 78 million baby boomers will celebrate their 62nd birthdays. Before they blow out their birthday candles, they will have considered and likely decided whether to elect to take early Social Security retirement benefits (SSRBs). Recent and evolving changes in the normal...
Persistent link: https://www.econbiz.de/10014048134
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The Supplemental Security Income Program and Incentives to Take Up Social Security Early Retirement : Empirical Evidence from Matched Sipp and Social Security Administrative Files
Powers, Elizabeth T.; Neumark, David - 2010
Features of the Supplemental Security Income (SSI) program and the social security retirement system may interact in a manner that creates incentives for prospective SSI recipients to take social security early retirement (SSER). This paper takes a first close look at this issue. The work...
Persistent link: https://www.econbiz.de/10014122697
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Old, Sick, Alone, and Poor : A Welfare Analysis of Old-Age Social Insurance Programs
Braun, R.; Kopecky, Karen A.; Koreshkova, Tatyana - 2015
Poor heath, large acute and long-term care medical expenses, and spousal death are significant drivers of impoverishment among retirees. We document these facts and build a rich, overlapping generations model that reproduces them. We use the model to assess the incentive and welfare effects of...
Persistent link: https://www.econbiz.de/10014048934
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Grandfathers and Grandsons : Social Security Expansion and Child Health in China
Yang, Jinyang; Chen, Xi - 2022
We examine the multigenerational impacts of a nationwide social pension program in China, the New Rural Pension Scheme (NRPS). NRPS was rolled out in full scale since 2012, and rural enrollees over age 60 are eligible to receive a minimum of 70 CNY non-contributory monthly pension. We leverage...
Persistent link: https://www.econbiz.de/10014030815
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Social Security and Retirement Around the World : Historical Trends in Mortality and Health, Employment, and Disability Insurance Participation and Reforms
Milligan, Kevin S.; Wise, David A. - 2011
This is the introduction and summary to the fifth phase of an ongoing project on Social Security Programs and Retirement Around the World. The first phase described the retirement Incentives inherent in plan provisions and documented the strong relationship across countries between social...
Persistent link: https://www.econbiz.de/10014043291
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Health Risk and the Welfare Effects of Social Security
Bagchi, Shantanu; Jung, Juergen - 2022
construct an overlapping-generations model with rational-expectations households,idiosyncratic labor income and health risk … positive effect on welfare in the presence of health risk. We also find thatallowing households additional tools to self …
Persistent link: https://www.econbiz.de/10014096107
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Genetic Endowments, Income Dynamics, and Wealth Accumulation Over the Lifecycle
Barth, Daniel; Papageorge, Nicholas W.; Thom, Kevin; … - National Bureau of Economic Research - 2022
We develop and estimate a life-cycle consumption savings model in which observed genetic variation is allowed to affect wealth accumulation through several distinct channels. We focus on genetic markers that predict educational attainment, aggregated into a predictive index called a polygenic...
Persistent link: https://www.econbiz.de/10013362004
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Challenges of Formal Social Security Systems in Sudan
Mohamed, Issam A.W - 2011
The present paper discusses issues of challenges of social security systems in Sudan. Following parameters advanced by ILO and UNCOSOC, those systems are analyzed. The conclusions focus on their applicability that faces axial difficulties mainly presented in the state of institutional...
Persistent link: https://www.econbiz.de/10014187935