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I investigate a Danish policy reform that postpones social security eligibility tied to an increase in life expectancy. The reform creates sharp discontinuities based on exact birth dates, allowing for the identification of causal effects. Using both administrative and survey data, I document a...
Persistent link: https://www.econbiz.de/10014486681
I conduct an online survey of 3,000 respondents in the United States to examine individuals' beliefs about the gender pension gap. By including an information provision experiment in which treated respondents are informed about the size of the gender pension gap, I examine whether receiving this...
Persistent link: https://www.econbiz.de/10014467640
Public pensions are indexed to prices or wages or to their combinations; therefore, the impact of inflation on the real …
Persistent link: https://www.econbiz.de/10014454694
actuarial net liability of the public pension system by about 2.4 percent, even after accounting for new survival pensions and a …
Persistent link: https://www.econbiz.de/10014494254
Using an impact evaluation methodology for interrupted time-series and the IDB Pension Projection Model, this study estimates that the COVID-19 pandemic could have notably effects on the private pension system in El Salvador as a consequence of the relaxation of requirements to repay early...
Persistent link: https://www.econbiz.de/10014494324
Over the years, the Belgian social security system has undergone substantial reform with a prime focus on increasing older worker labor force participation. The paper explores the effect of past reforms on inequality in old age. We distinguish two separate effects: The mechanical effect...
Persistent link: https://www.econbiz.de/10014462141
In urban China, gender gaps in employment and earnings have steadily increased since the 1990s. Such gender gaps are important because pension rights and amounts are based on labor force participation and wages. However, as this study demonstrates, despite the rise in gender differences in the...
Persistent link: https://www.econbiz.de/10014422271
In 2010, increasing the retirement age became a focal point of Social Security reform proposals. In a controversial move, President Obama's bipartisan National Commission on Fiscal Responsibility and Reform recommended increasing the full retirement age from 67 to 69 and the age at which...
Persistent link: https://www.econbiz.de/10014044414
are strikingly different. Most nations have little scope to further finance pensions out of labour income taxation over …
Persistent link: https://www.econbiz.de/10014292762
We evaluate the likelihood of different reforms of an unsustainable pay-as-you-go pension system. Individual agents' preferences are determined for 15 age groups and all possible levels of wealth to account for expectations held prior to a reform. Moreover, we introduce "indifference bands" in...
Persistent link: https://www.econbiz.de/10014208841