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Nolan, Anne; Barrett, Alan - 2018

Extending working lives is often proposed as one route through which the costs associated with population ageing can be managed. In that context, understanding who currently works for longer can help policymakers to design policies to facilitate longer working. In particular, it is important to...

Persistent link: https://www.econbiz.de/10011881446

Social capital and the spread of COVID-19 : insights from European countries

Bartscher, Alina Kristin; Seitz, Sebastian; Siegloch, … - 2020

, Germany, Italy, the Netherlands, Sweden, Switzerland and the UK. Exploiting within-country variation, we show that a one …

Persistent link: https://www.econbiz.de/10012228562

On welfare effects of increasing retirement age

Makarski, Krzysztof; Tyrowicz, Joanna - 2018

We develop an OLG model with realistic assumptions about longevity to analyze the welfare effects of raising the retirement age. We look at a scenario where an economy has a pay-as-you-go defined benefit scheme and compare it to a scenario with defined contribution schemes (funded or notional)....

Persistent link: https://www.econbiz.de/10011821425

"Should I pay for you or for myself"? : the optimal level and composition of retirement benefit systems

Praag, Bernard M. S. van; Cardoso, Pedro - 2001

Feldstein [1985] posed the questions of what would be the optimal level of retirement benefit, and what would be the optimal mix between the pay-as-you-go system and the funded pension system under the assumption of an exogenous interest rate. We reconsider the problem with the addition of a...

Persistent link: https://www.econbiz.de/10011339670

Do mandatory pensions decrease household savings? : evidence for the Netherlands

Euwals, Rob - 2000

income. The goal of this paper is to test for the effect of mandatory pensions on discretionary household savings. The data … pensions have a significant negative impact on savings motives with respect to old age. Concerning the effect on household … occupational pensions. …

Persistent link: https://www.econbiz.de/10011318591

Health status, disability and retirement incentives in Belgium

Jousten, Alain; Lefebvre, Mathieu; Perelman, Sergio - 2013

identified: old-age pensions, conventional early retirement, disability insurance, and unemployment insurance are the most …

Persistent link: https://www.econbiz.de/10010223618

Leaving the labor market early in Sweden : learning from international experience

Bengtsson, Mats G.; König, Stefanie; Schönbeck, Simon; … - 2022

It is a challenge for politics that an aging population leads to demands that the retirement age is increasing while not everyone is able to work to such a higher age. Sweden, like other countries, has several options for early exit from the labour market. However, the regulations have become...

Persistent link: https://www.econbiz.de/10013209886

A constitutional theory of the family

Cigno, Alessandro (contributor) - 2005

effects of public pensions and credit rationing. These implications are not much affected by whether altruism is assumed or … ; renegotiation-proofness ; altruism ; fertility ; saving ; transfers ; attention ; pensions ; credit rationing …

Persistent link: https://www.econbiz.de/10003260821

Behavioral impediments to valuing annuities : complexity and choice bracketing

Brown, Jeffrey R.; Kapteyn, Arie; Luttmer, Erzo F. P.; … - 2019

This paper examines two behavioral factors that diminish people's ability to value a life-time income stream or annuity, drawing on a survey of about 4,000 adults in a U.S. nationally representative sample. By experimentally varying the degree of complexity, we provide the first causal evidence...

Persistent link: https://www.econbiz.de/10011997340

Reforms of an early retirement pathway in Germany and their labor market effects

Riphahn, Regina T.; Schrader, Rebecca - 2021

We investigate the unemployment pathway to retirement in Germany and study the causal effects of two early retirement … reforms. Reform 1 (NRA) increased normal retirement age stepwise from 60 to 65. Simultaneously, it became possible to use … early retirement with benefit discounts. Reform 2 (ERA) increased the age of early retirement stepwise from 60 to 63. We …

Persistent link: https://www.econbiz.de/10012745216