Showing 1 - 10 of 48
The present Paper studies the retirement incentives for elderly people in Belgium. We model the incentive structure … built into the various public early retirement and retirement systems. First, we compute indicators of benefit entitlement … as of the implicit tax rates the elderly workers face in case of delayed retirement. We find strong evidence of social …
Persistent link: https://www.econbiz.de/10005792016
This paper studies the design of retirement and disability policies. It illustrates the often observed exit from the … social welfare. Benefits depend on retirement age and on the (reported) health status. We determine first- and second …-best optimal benefit levels and retirement ages and focus on the distortions which may be induced in the individuals’ retirement …
Persistent link: https://www.econbiz.de/10005123923
The paper examines the possible effects of introducing a large-scale welfare reform in Sweden, namely, the introduction of comprehensive welfare accounts. Under this policy, individuals make mandatory contributions to accounts, which they can top up with voluntary contributions. In return,...
Persistent link: https://www.econbiz.de/10005661890
This Paper estimates the welfare and distributional impact of two types of welfare reform in 14 member countries of the European Union. The reforms are revenue neutral and financed by an overall and uniform increase in marginal tax rates on earnings. The first reform distributes the additional...
Persistent link: https://www.econbiz.de/10005136524
the legal age of retirement in Switzerland, led to differences in approval rates of nearly seven percentage points. Based …
Persistent link: https://www.econbiz.de/10005504768
elicits expectations of retirement outcomes, thus allowing us to measure the expected social security wealth and to assess to …
Persistent link: https://www.econbiz.de/10004973973
Non-compliance of firms with tax regulations is a major constraint on state capacity in developing countries. We focus on an arguably under-appreciated dimension of non-compliance: under-reporting of wages by formal firms to evade payroll taxes. We develop a simple partial-equilibrium model of...
Persistent link: https://www.econbiz.de/10011083313
lengthen retirement age and/or cut pension benefits. After controlling for individual features of the respondent, we find that …
Persistent link: https://www.econbiz.de/10005662128
Using a calibrated OLG model with several sources of uncertainty we find that the impact of ageing and of reform of social security upon the demand for housing and the level of owner occupation is substantial. The overall structure of household asset holdings – in particular the split between...
Persistent link: https://www.econbiz.de/10005662297
We estimate the effect of pension reforms on households’ expectations of retirement outcomes and private wealth … pension benefits to pre-retirement income. The Survey of Household Income and Wealth, a large random sample of the Italian … of social security arrangements on expectations of retirement outcomes and household saving decisions. Our main findings …
Persistent link: https://www.econbiz.de/10005666687