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Social security and the interactions between aggregate and idiosyncratic risk
Harenberg, Daniel; Ludwig, Alexander - 2014 - This Version: July 9, 2014
We ask whether a PAYG-financed social security system is welfare improving in an economy with idiosyncratic and aggregate risk. We argue that interactions between the two risks are important for this question. One is a direct interaction in the form of a countercyclical variance of idiosyncratic...
Persistent link: https://www.econbiz.de/10010374428
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Social security and the interactions between aggregate and idiosyncratic risk
Harenberg, Daniel; Ludwig, Alexander - 2014 - This version: March 20, 2014
We ask whether a PAYG-financed social security system is welfare improving in an economy with idiosyncratic and aggregate risk. We argue that interactions between the two risks are important for this question. One is a direct interaction in the form of a countercyclical variance of idiosyncratic...
Persistent link: https://www.econbiz.de/10010359333
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The political (in)stability of funded social security
Beetsma, Roel; Komada, Oliwia; Makarski, Krzysztof; … - 2021
We analyze the political stability of funded social security. Using a stylized theoretical framework we study the mechanisms behind governments capturing social security assets in order to lower current taxes. The results and the driving mechanisms carry over to a fully-fledged and carefully...
Persistent link: https://www.econbiz.de/10012648353
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Estimating the Impact of Immigrants on the Host Country Social Security System When Return Migration is an Endogenous Choice
Kïrdar, Murat G. - 2010
In this paper, I estimate the fiscal impact of immigrants on the German pension insurance (PI) and unemployment insurance (UI) systems when return migration is an endogenous choice. For this purpose, I develop a dynamic stochastic model of joint return migration and saving decisions that...
Persistent link: https://www.econbiz.de/10013144386
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Estimating the impact of immigrants on the host country social security system when return migration is an endogenous choice
Kirdar, Murat G. - 2010
In this paper, I estimate the fiscal impact of immigrants on the German pension insurance (PI) and unemployment insurance (UI) systems when return migration is an endogenous choice. For this purpose, I develop a dynamic stochastic model of joint return migration and saving decisions that...
Persistent link: https://www.econbiz.de/10003959164
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What Incentives to Retirement Does Social Security Provide? The Uruguayan Case (Qué Incentivos al Retiro Genera la Seguridad Social? El Caso Uruguayo) (Spanish)
Alvarez, Ignacio - 2010
The activity rate of mature men has increased in Uruguay in recent decades. This trend is remarkably different from … implicit in the main social security program of Uruguay. We find that mature men tend to experience significant social security … wealth losses if they postpone retirement. These losses tend to represent a greater share of workers wages in Uruguay than in …
Persistent link: https://www.econbiz.de/10013142130
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Uruguayan Workers Retirement and Social Security (El Retiro de los Trabajadores Uruguayos y la Seguridad Social)
da Silva, Natalia - 2010
We analyze recent trends of the activity rates and retirement of Uruguayan old age workers. We find that in Uruguay …. On the contrary, in recent decades the activity rate of old age men has been growing in Uruguay. In the case of women …
Persistent link: https://www.econbiz.de/10013142198
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Social Security and Gender in Uruguay : An Analysis of the Differences in Pension Access (Seguridad Social y Género en Uruguay: Un Análisis de las Diferencias de Acceso a la Jubila...
Bucheli, Marisa - 2014
In Uruguay, the pension programs cover over 90% of the elderly. Men are more likely to be eligible for the contributory …
Persistent link: https://www.econbiz.de/10013069730
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The labor market effect of demographic change : alleviation for financing social security
Friese, Max - 2015
The paper shows the effect of demographic change on per capita burden of financing a PAYG social security system in the standard OLG model with frictional labor markets. Rising longevity and decreasing fertility both induce a rise in the employment level via increased capital accumulation and...
Persistent link: https://www.econbiz.de/10010471698
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Social Security : Unemployment and Immigration
Copeland, Craig - 2002
This article investigates the impact of increases and decreases in the level of net immigration in the United States as well as the effect of changes in the unemployment rate on the financial status of the Social Security program. After presenting the historical values of these important...
Persistent link: https://www.econbiz.de/10014116744