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Pensions and Fertility : Back to the Roots -- The Introduction of Bismarck's Pension Scheme and the European Fertility Decline
Fenge, Robert - 2014
Fertility has long been declining in industrialised countries and the existence of public pension systems is considered … pension system depresses fertility. Our theoretical framework highlights that the effect of a public pension system on … fertility works via the impact of contributions in such a system on disposable income as well as via the impact on future …
Persistent link: https://www.econbiz.de/10013047746
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Pensions and fertility: back to the roots - The introduction of Bismarck's pension scheme and the European fertility decline
Fenge, Robert; Scheubel, Beatrice - 2014
Fertility has long been declining in industrialised countries and the existence of public pension systems is considered … pension system depresses fertility. Our theoretical framework highlights that the effect of a public pension system on … fertility works via the impact of contributions in such a system on disposable income as well as via the impact on future …
Persistent link: https://www.econbiz.de/10011605779
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Pensions and Household Savings : Cross-Country Heterogeneity in Europe
d’Addio, Anna - 2020
We address the question of whether the heterogeneity in savings is partly due to differences in pension wealth across individuals and across countries, using a European harmonised wealth survey (HFCS) combined with estimates of pension wealth (OECD). First, we find significant displacement...
Persistent link: https://www.econbiz.de/10012842350
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On the retirement effect of inheritance: Heterogeneity and the role of risk aversion
Garbinti, Bertrand; Georges-Kot, Simon - 2019
This paper provides new insights on the effect of inheritance receipt on retirement. We build on lifelong information on inheritances received and labor market transitions available for respondents of the French Wealth Survey. This feature allows us to compare current retirement rates among...
Persistent link: https://www.econbiz.de/10012142066
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Employment duration and shifts into retirement in the EU
Aranki, Ted; Macchiarelli, Corrado - 2013
The decision to cease working is traditionally influenced by a wide set of socio-economic and environmental variables. In this paper, we study transitions out of work for 26 EU countries over the period 2004-2009 in order to investigate the determinants of retirement based on the Eurostat Survey...
Persistent link: https://www.econbiz.de/10011605562
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Employment Duration and Shifts into Retirement in the EU
Aranki, Ted - 2013
The decision to cease working is traditionally influenced by a wide set of socio-economic and environmental variables. In this paper, we study transitions out of work for 26 EU countries over the period 2004-2009 in order to investigate the determinants of retirement based on the Eurostat Survey...
Persistent link: https://www.econbiz.de/10013086839
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On the Retirement Effect of Inheritance : Heterogeneity and the Role of Risk Aversion
Garbinti, Bertrand - 2019
This paper provides new insights on the effect of inheritance receipt on retirement. We build on lifelong information on inheritances received and labor market transitions available for respondents of the French Wealth Survey. This feature allows us to compare current retirement rates among...
Persistent link: https://www.econbiz.de/10012894812
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Pensions and household savings: Cross-country heterogeneity in Europe
D'Addio, Anna Cristina; Roger, Muriel; Savignac, … - 2020
We address the question of whether the heterogeneity in savings is partly due to differences in pension wealth across individuals and across countries, using a European harmonised wealth survey (HFCS) combined with estimates of pension wealth (OECD). First, we find significant displacement...
Persistent link: https://www.econbiz.de/10012422034
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A framework for assessing the costs of pension reform reversals
Baksa, Daniel; Munkacsi, Zsuzsa; Nerlich, Carolin - 2020
Several European countries are currently considering reversing parts of their pension reforms that were adopted previously to improve sustainability. In this paper we present a framework that allows us to quantify the macroeconomic and fiscal costs of such reversals. We thereby integrate the...
Persistent link: https://www.econbiz.de/10012422058
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Public pensions and growth
Lambrecht, Stéphane; Michel, Philippe; Vidal, Jean-Pierre - 2001
This paper investigates the relationship between the size of an unfunded public pension system and economic growth in an overlapping generation economy, in which altruistic parents finance the education of their children and leave bequests. Unlike the existing literature, we model...
Persistent link: https://www.econbiz.de/10011604136