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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

Forward-looking labor supply responses to changes in pension wealth : evidence from Germany

Artmann, Elisabeth; Fuchs-Schündeln, Nicola; Giupponi, … - 2023

We provide new evidence of forward-looking labor supply responses to changes in pension wealth. We exploit a 2014 German reform that increased pension wealth for mothers by an average of 4.4% per child born before January 1, 1992. Using administrative data on the universe of working histories,...

Persistent link: https://www.econbiz.de/10014279704

Forward-looking labor supply responses to changes in pension wealth : evidence from Germany

Artmann, Elisabeth; Fuchs-Schündeln, Nicola; Giupponi, … - 2023

Persistent link: https://www.econbiz.de/10014280148

Chapter 13. Social Security and Public Insurance

Börsch-Supan, A.; Härtl, K.; Leite, D.N. - In: Handbook of the economics of population aging : Volume 1, (pp. 781-863). 2016

When the challenges of population aging are being debated, the uncertain future of pension systems is a topic of high priority and large controversy. The aim of this chapter is not to provide a “consensus view” on social security and public insurance in aging populations but to put structure...

Persistent link: https://www.econbiz.de/10014023471

Wealth distribution and retirement preparation among early savers

Jacobs, Lindsay; Llanes, Elizabeth; Moore, Kevin; … - 2020 - This version: February 2020

retirement preparation among two groups of households in pre-retirement years (aged 40 through 49 and 50 through 59), and to … explore the concentration of wealth. We find evidence of moderate, but rising, shortfalls in retirement preparation. We also …

Persistent link: https://www.econbiz.de/10012236417

Social security incentives and human capital investment

Igel Lau, Morten; Poutvaara, Panu - 2001

While the effect of social security systems on retirement decisions has received much attention, the impact of these … investment and retirement decisions in a simple analytical life-cycle model with full certainty and investigate how different … contributions and benefits increase human capital investment and postpone retirement. …

Persistent link: https://www.econbiz.de/10011398074

The incentive effects of minimum pensions : minimum pension programs reduce poverty in old age but they can also reduce the labor supply of low-income workers

Jiménez-Martín, Sergi - 2014

standard of living after retirement and thus to alleviate poverty in old age. In many developing and developed countries, the … minimum pension program is a key welfare program and a major influence on the retirement decisions of low-income workers and …-income workers to retire as soon as they become eligible for the program, which is often earlier than the normal retirement age. …

Persistent link: https://www.econbiz.de/10011420305

Effectiveness of early retirement disincentives : individual welfare, distributional and fiscal implications

Bönke, Timm; Kemptner, Daniel; Lüthen, Holger - 2016

effects of early retirement disincentives on retirement behavior, individual welfare, pensions and public budget. We employ … retirement model. We find that labor market participation and retirement behavior in general are strongly influenced by the level …

Persistent link: https://www.econbiz.de/10011440834

The old-age pension household replacement rate in Belgium

Brown, Alessio J. G.; Fraikin, Anne-Lore - 2022

The objective of the paper is to examine the retirement behaviour of Belgian workers in one-earner households who are … study the link between retirement and financial retirement incentives created by the social security system. We find that … the household replacement rate generates slightly higher retirement incentives through an income effect and we find that …

Persistent link: https://www.econbiz.de/10012801885

Effectiveness of early retirement disincentives individual welfare, distributional and fiscal implications

Bönke, Timm; Kemptner, Daniel; Lüthen, Holger - 2017

effects of early retirement disincentives on retirement behavior, individual welfare, pensions and public budget. We employ … retirement model. We find that retirement behavior is strongly influenced by the level of disincentives. Further, disincentives …

Persistent link: https://www.econbiz.de/10011595496