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Commissions-motivated agents have historically helped the development of many markets, but research suggests brokers motivated by commissions sometimes steer consumers towards inappropriate products. This issue is particularly important in household financial markets where consumers may be...
Persistent link: https://www.econbiz.de/10015360768
This paper sets out initial results from a new modeling exercise for Defined Contribution (DC) pensions. It develops a package called penCalc based on the open source software language R, which is popular in the academic and modeling communities. All the coding is made freely available. The tool...
Persistent link: https://www.econbiz.de/10011806633
Asia and the Pacific has the most diverse regional pension landscape globally. Yet the region's pension systems are facing common challenges as they attempt to expand coverage, and ensure adequacy and fairness, while maintaining fiscal sustainability. We review the structures and performance of...
Persistent link: https://www.econbiz.de/10015080696
Thailand's aging population has impacted its labor force. This study examines additional health capacity to work (AHCW) with established methods. Data were obtained from the mortality registry as well as national health, aging, labor force, and welfare surveys. Utilizing the Milligan-Wise...
Persistent link: https://www.econbiz.de/10015060919