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Shifting Perspectives in Pensions
Góra, Marek; Palmer, Edward - 2004
This paper addresses the questions of what is an economically efficient pension system, what are the externalities and what are the risks of the four alternative pension systems: financial defined contribution (FDC), notional or non-financial defined contribution (NDC), financial defined benefit...
Persistent link: https://www.econbiz.de/10010262119
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Shifting Perspectives in Pensions
Góra, Marek; Palmer, Edward - Institute for the Study of Labor (IZA) - 2004
This paper addresses the questions of what is an economically efficient pension system, what are the externalities and what are the risks of the four alternative pension systems: financial defined contribution (FDC), notional or non-financial defined contribution (NDC), financial defined benefit...
Persistent link: https://www.econbiz.de/10005703380
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Pension Plan Characteristics and Framing Effects in Employee Savings Behavior
Card, David E.; Ransom, Michael R. - Institute for the Study of Labor (IZA) - 2007
. Pensions in many post-secondary institutions are funded by a combination of an employer contribution and a mandatory employee …
Persistent link: https://www.econbiz.de/10005703794
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Financial Literacy Amongst Young People: When Does the Gender Gap Begin?
Preston, Alison; Wright, Robert E. - 2022
Using micro-data from the Household, Income and Labour Dynamics in Australia (HILDA) Survey, and the Oaxaca-Blinder decomposition technique, this paper contributes to knowledge on gender-gaps in financial literacy (FL) via a study of teenagers, emerging adults and young adults. The analysis...
Persistent link: https://www.econbiz.de/10013351826
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Global Pension Systems and Their Reform: Worldwide Drivers, Trends, and Challenges
Holzmann, Robert - Institute for the Study of Labor (IZA) - 2012
Across the world, pension systems and their reforms are in a constant state of flux driven by shifting objectives, moving reform needs, and a changing enabling environment. The ongoing worldwide financial crisis and the adjustment to an uncertain “new normal” will make future pension systems...
Persistent link: https://www.econbiz.de/10011183994
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Global pension systems and their reform: Worldwide drivers, trends, and challenges
Holzmann, Robert - 2012
Across the world, pension systems and their reforms are in a constant state of flux driven by shifting objectives, moving reform needs, and a changing enabling environment. The ongoing worldwide financial crisis and the adjustment to an uncertain 'new normal' will make future pension systems...
Persistent link: https://www.econbiz.de/10010287674
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Internationalising the currency while leveraging massively : the case of China
García Herrero, Alicia - 2015
This paper reviews the steps that China has taken towards financial reform with a particular focus on capital account liberalisation and internationalisation of the use of the renminbi. After a slowdown in reform momentum during the global financial crisis, there is a clear push towards reform,...
Persistent link: https://www.econbiz.de/10011384045
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India's expericene in navigating the trilemma : do capital control help?
Kohli, Renu - 2011
Managing capital flows is the key policy challenge for emerging economies like India in the aftermath of the crisis. In contrast to other emerging markets who are levying capital controls, India's macro-monetary framework is distinguished by significant restrictions that help manage inflows....
Persistent link: https://www.econbiz.de/10009229800
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Worker Characteristics, Job Characteristics, and Opportunities for Phased Retirement
Hutchens, Robert - Institute for the Study of Labor (IZA) - 2007
This paper uses a telephone survey of 950 employers to examine employer-side restrictions on phased retirement. Not only did the survey collect information on establishment level policies, it also asked questions about a specific worker’s opportunity for phased retirement. The paper uses these...
Persistent link: https://www.econbiz.de/10005822563
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Pensions, Household Saving, and Welfare: A Dynamic Analysis
Blau, David M. - Institute for the Study of Labor (IZA) - 2011
Empirical analyses of the effects of public and private pensions on household saving impose strong assumptions in order … household wealth is crowded out by pensions? (2) Can linear regression analysis accurately estimate the magnitude of crowdout … when the assumptions used in the empirical analysis are invalid? (3) How valuable are pensions to households? Simulation …
Persistent link: https://www.econbiz.de/10008871266