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Optimal retirement with disability pensions
Fehr, Hans; Fröhlich, Adrian - 2022
Persistent link: https://www.econbiz.de/10013469627
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Optimal Retirement with Disability Pensions
Fehr, Hans; Fröhlich, Adrian - 2023
This paper develops a general equilibrium life-cycle model with endogenous retirement and disability risk, in order to … analysis focus on the increase in the normal retirement age (NRA) from age 65 to 67 (Reform 2007) and the recent increase in … early retirement benefits in the future …
Persistent link: https://www.econbiz.de/10014264162
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Demography and provisions for retirement : the pension composition, an equilibrium approach
Praag, Bernard M. S. van; Hop, J. Peter - 2018
Pensions may be provided for in a modern society by several methods, viz., voluntary individual savings, mandatory fully funded occupational pension systems, and mandatory social security financed by pay-as-you-go. The specific mixture of the three systems we will call the pension composition....
Persistent link: https://www.econbiz.de/10011870742
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Stimulating annuity markets
Heijdra, Ben J.; Mierau, Jochen O.; Trimborn, Timo - 2014
We study the short-, medium-, and long-run implications of stimulating annuity markets in a dynamic general-equilibrium overlapping-generations model. We find that beneficial partial-equilibrium effects of stimulating annuity markets are counteracted by negative general-equilibrium...
Persistent link: https://www.econbiz.de/10010361493
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Pensions, income taxes and homeownership : a cross-country analysis
Fehr, Hans; Hofmann, Maurice; Kudrna, George - 2021
This paper studies the role of pensions and income taxes in determining homeownership and household wealth. It provides a cross-country analysis, using tax and pension policy designs in Germany, the US and Australia. These developed nations have similar incomes per capita but very different...
Persistent link: https://www.econbiz.de/10012602340
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Endogenous demographic change, retirement and social security
Cipriani, Giam Pietro; Fioroni, Tamara - 2019
contribution scheme. In particular we examine the relationship between retirement, fertility and pensions in a three …-period overlapping generations model. We focus on both the case of mandatory retirement and the case where the retirement age is freely … chosen. In the case of mandatory retirement, increasing longevity has an unambiguously negative impact on fertility and …
Persistent link: https://www.econbiz.de/10011994093
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The economy-wide effects of mandating private retirement incomes
Kudrna, George - 2022
Persistent link: https://www.econbiz.de/10013184178
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The economy-wide effects of mandating private retirement incomes
Kudrna, George - 2022
Persistent link: https://www.econbiz.de/10013502608
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Uncertain length of life, retirement age, and optimal pension design
Aronsson, Thomas; Blomquist, Nils Sören - 2018
In this paper, we consider how the hours of work and retirement age ought to respond to a change in the uncertainty of … individuals' labor supply and retirement-decisions, the results show that a decrease in the standard deviation of life …-length leads to an increase in the optimal retirement age and a decrease in the hours of work per period spent working. This result …
Persistent link: https://www.econbiz.de/10011809912
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Optimal Pensions in Aging Economies
Heer, Burkhard - 2015
İmrohoroğlu, İmrohoroğlu and Joines [1995, A life-cycle analysis of Social Security, Economic Theory, vol. 6, 83 …
Persistent link: https://www.econbiz.de/10013028781