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retirement age is a popular option. To induce workers to retire later, it has been proposed to strengthen the link between … retirement age and benefit level. The present paper is devoted to analyzing the long-run financial implications of such a reform …. We show that with actuarial adjustments the long-run contribution rate is an increasing function of the retirement age …
Persistent link: https://www.econbiz.de/10014121603
retirement age is a popular option. To induce workers to retire later, it has been proposed to strengthen the link between … retirement age and benefit level. The present paper is devoted to analyzing the long-run financial implications of such a reform …. We show that with actuarial adjustments the long-run contribution rate is an increasing function of the retirement age …
Persistent link: https://www.econbiz.de/10011435789
Persistent link: https://www.econbiz.de/10001776231
undergoing fundamental reforms in many Western countries. Starting with cohort 1937, Germany introduced permanent pension … deductions for early retirement. This paper examines the evolution of the profitability of pension contributions against the …
Persistent link: https://www.econbiz.de/10010362261
undergoing fundamental reforms in many Western countries. Starting with cohort 1937, Germany introduced permanent pension … deductions for early retirement. This paper examines the evolution of the profitability of pension contributions against the …
Persistent link: https://www.econbiz.de/10010362934
retirement age is a popular option. To induce workers to retire later, it has been proposed to strengthen the link between … retirement age and benefit level. The present paper is devoted to analyzing the long-run financial implications of such a reform …. We show that with actuarial adjustments the long-run contribution rate is an increasing function of the retirement age …
Persistent link: https://www.econbiz.de/10010260779
a long contribution history to retire without deductions before reaching the regular retirement age. Following the 2014 … responses to becoming eligible for the early retirement scheme. Our results indicate that the probability of retiring … retiring at the same age with deductions. Second, we employ a coarsened exact matching procedure to compare retirement entry …
Persistent link: https://www.econbiz.de/10012230971
a long contribution history to retire without deductions before reaching the regular retirement age. Following the 2014 … responses to becoming eligible for the early retirement scheme. Our results indicate that the probability of retiring … retiring at the same age with deductions. Second, we employ a coarsened exact matching procedure to compare retirement entry …
Persistent link: https://www.econbiz.de/10011963038
This paper discusses the efficiency of a pay-as-you-go pension reform by introducing a child benefit in an endogenous fertility setting. In the model of a small open economy, higher fertility is associated with a reduction of lifetime labor supply. The optimum share of fertility-related pensions...
Persistent link: https://www.econbiz.de/10011506226
This paper studies retirement and child support policies in a small, open, overlapping-generations economy with PAYG … social security and endogenous retirement and fertility decisions. It demonstrates that neither fertility nor retirement … the retirement age. Finally, the model is simulated in order to study whether the policies devoted to realizing the social …
Persistent link: https://www.econbiz.de/10012405524