Section I reviews some of the important contributions using time series evidence to estimate Social Security’s impact on private savings. Essential to these studies is the use of a “Social Security Wealth” (SSW) variable, created by Martin Feldstein (1974), which defines the present value...

During a time of rapid economic transformation in Vietnam, we examine two possibilities for elderly support: living together with children and receiving remittances. Our analysis uses four household surveys conducted in Vietnam between 1992 and 2004. With the highly detailed 1997/98 survey, we...

By using the Vietnam Living Standard Surveys in 1992/93 and 1997/98, and the Vietnam Household Living Standard Surveys in 2002 and 2004, this paper describes the patterns of living arrangements for the elderly in Vietnam and examines the determinants of such arrangements during the past decade....

Briefly, some of our findings are as follows. First, the impacts of a universal NCP scheme on poverty rates and the poverty gap of the older persons would be significant, but become less potent when the eligibility age is higher. In particular, with the benefits provided, the older persons who...

Our findings include that overseas remittances come from throughout the world, but are dominated by the United States as a main source. Also, over time, the destinations of foreign remittances are becoming more diverse as they move away from Ho Chi Minh city and other urban areas, in particular,...

Many studies have suggested that, under the context of high economic growth and strong flows of laborers from rural to urban areas, living arrangements of the elderly people, particularly elderly women, and familial relations will be more vulnerable to a variety of social and economic risks....

Many countries are currently increasing the advanced funding of their public pension systems to improve their sustainability in the face of rapidly aging populations. When pensions are funded, the issue of asset allocation becomes of paramount importance. Standard portfolio selection theory...

Since the 1990s, Vietnam has experienced a dramatic growth in remittance flows. This paper uses the Vietnam Living Standard Surveys for 1992/93 and 1997/98 to study the role of gender in these remittance flows, both from the perspective of receiving and sending remittances. Knowing about gender...

Demographic and economic characteristics have been shown to provide important predictive power for determining a country’s success in the Olympic Games. This paper extends such research, providing a set of predictions for the gold medals and total medals each country will win at the 2006...

Benefit reductions will likely be a part of the eventual Social Security reform in the United States. This research attempts to quantify the intragenerational and intergenerational impacts of different benefit reduction proposals on the incomes of the elderly. Reforms include across-the-board...