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The present paper analyzes the budgetary impact of various Social Security reforms in the Belgian institutional setting. Our approach relies on parameters that were derived in Dellis et alii (2002) using a micro-modeling strategy. Focusing our attention on a hypothetical age cohort, we...
Persistent link: https://www.econbiz.de/10010272725
This paper analyzes the relationship between immigrants' retirement status and the prevalence of return migration from … conditions the probability of return migration is maximized at retirement. Reduced-form models of retirement status which control … for Australia. We find that immigrants, particularly immigrant women, are more likely to be retired than are native …
Persistent link: https://www.econbiz.de/10010269003
retirement expectations of workers nearing retirement age. The reform means that public sector workers born on January 1, 1950 or …
Persistent link: https://www.econbiz.de/10010274070
pension rights. We find that this exogenous shock to pension rights postpones expected retirement and increases participation …
Persistent link: https://www.econbiz.de/10010271295
models. We estimated these models using data from the Health and Retirement Study (HRS). This paper uses option value model …
Persistent link: https://www.econbiz.de/10010261644
women, (b) maintain the existing retirement age but require older workers to work longer per-period hours. There are reasons …-off between later retirement versus increased work intensity, produce relevant background facts, and provide estimates of the …
Persistent link: https://www.econbiz.de/10010269397
is both distortionary and inequitable. Early retirement and pension schemes should be made actuarially fairer as they …
Persistent link: https://www.econbiz.de/10010274258
, necessary beyond 2025. As the enacted savings rate target is conservative, individual pensions keep retirement income sufficient …
Persistent link: https://www.econbiz.de/10010262550
The paper provides a framework for the conceptualization, definition and estimation of legacy costs that need to be addressed in a reform that transforms an unfunded defined contribution (NDB) scheme into a notional (or non-financial) defined contribution (NDC) scheme. As the new contribution...
Persistent link: https://www.econbiz.de/10010278557
We analyse the effects of pension reforms on the planned retirement age of women by exploiting within country variation … pension regime on retirement decisions is affected by the presence of gaps in careers of women. Binding constraints related to …
Persistent link: https://www.econbiz.de/10010269357