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concave redistribution may or may not be reversed. With couples only, the ranking of gender retirement ages is always reversed … first best that implies a lower retirement age for females can be implemented by a gender-neutral system. Otherwise, gender …-spans. We derive the optimal direction of redistribution and show how it is affected by a gender neutrality rule. With singles …
Persistent link: https://www.econbiz.de/10012542151
turns out to decrease ex-ante individual welfare, unless restrictions are assumed on retirement behavior. Overall, risk …
Persistent link: https://www.econbiz.de/10003888079
There exists a wide variety of tax treatments of pensions across the world. And the reasons for such a range of regimes are not clear. This note reviews the general principles of pension taxes and analyses the theoretical foundations of why pension incomes ought to be taxed specifically. To do...
Persistent link: https://www.econbiz.de/10011482705
In this paper, we consider how the hours of work and retirement age ought to respond to a change in the uncertainty of … individuals' labor supply and retirement-decisions, the results show that a decrease in the standard deviation of life …-length leads to an increase in the optimal retirement age and a decrease in the hours of work per period spent working. This result …
Persistent link: https://www.econbiz.de/10011809912
labor and tackle the gender employment gap, but they are not sufficient for reducing the gender pay gap. …
Persistent link: https://www.econbiz.de/10013171093
-related gender inequality in earnings and (ii) assesses the impact of family policies on this inequality. We present three sets of … the 2000s. Second, we decompose overall gender inequality into child-related and child-unrelated components. Over our …-third to the increase in child-related gender inequality. Instead, a parental benefit reform in 2007 mitigated further …
Persistent link: https://www.econbiz.de/10015071139
How can retirement savings be increased? We explore a unique policy change in the context of the German pension system … these letters on the behavior of individuals. We find an increase in tax-deductible private retirement savings and provide …
Persistent link: https://www.econbiz.de/10011782119
contributions into retirement accounts, that too, in an age-independent manner. This is puzzling because such funded pension schemes … effectively mandate the young, who wish to borrow, to save for retirement. Further, if agents are present-biased, they disagree … with the intent of such schemes and attempt to undo them by reducing their own saving or even borrowing against retirement …
Persistent link: https://www.econbiz.de/10011688004
hundred age brackets and we investigate how changes in the birth rates, survival rates, and the retirement age affect the … for the present century, where birth and mortality rates in most western countries are steeply declining. …
Persistent link: https://www.econbiz.de/10012154725
Raising the retirement age is a common policy response when social security schemes face fiscal pressures. We develop … and estimate a dynamic life cycle model to study optimal retirement and tax policy when individuals face health shocks and … income risk and make endogenous retirement decisions. The model incorporates key features of Social Security, Medicare …
Persistent link: https://www.econbiz.de/10015407391