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and each active citizen will have to bear to finance via pay-as-you-go public health care provisions and pensions. This …
Persistent link: https://www.econbiz.de/10015239471
have to bear to finance via pay-as-you-go public health care provisions and pensions. This paper is completely self …
Persistent link: https://www.econbiz.de/10015239482
system on retirement decisions. The 1992 reform is an interesting example since it was implemented when: (a) the system was … very generous to retirees; (b) the demographic context was dramatic;(c) an early retirement provision, and no actuarial … fairness, distorted retirement choices. I use the reform as a natural experiment and exploit its differential effect on …
Persistent link: https://www.econbiz.de/10015217771
The central purpose of this paper is to introduce a new political economy explanation to modern Social Security Systems. This approach is based on the Single-Mindedness Theory (SMT), which assumes that the more single-minded groups are able to exert a greater power of influence on Governments...
Persistent link: https://www.econbiz.de/10015217813
equilibrium model of retirement. I find that the differences in social security can indeed account for the differences in …
Persistent link: https://www.econbiz.de/10015219021
interesting question is also whether the timing of retirement and willingness to work after retirement are related. We use data on … the aspirations of individuals regarding their old-age retirement behaviour to estimate a multivariate probit model with … three binary dependent variables: partial retirement, planning to continue working beyond age 63, and planning to continue …
Persistent link: https://www.econbiz.de/10015219046
observations suggest that they might be an important contributing factor in accounting for differences in retirement. I assess … quantitatively the importance of these features using a life cycle general equilibrium model of retirement. I find that the … important contributing factors to account for the differences in retirement. …
Persistent link: https://www.econbiz.de/10015219140
in need of help themselves must be prepared to take the new routes. Assistance systems, e-Health and health games benefit …
Persistent link: https://www.econbiz.de/10015219818
We show that the introduction of unfunded public pensions in a Cobb-Douglas economy with overlapping generations and endogenous fertility may cause complex economic cycles when individuals are short-sighted. In particular, the risk of cyclical instability increases with both the individual...
Persistent link: https://www.econbiz.de/10015220130
-national analyses of this topic using micro data are, however, widely missing. Using the SHARE (Survey of Health, Aging and Retirement …Early retirement of workers is used by firms as means to rejuvenate their workforces. In principle, workers can either … simply be laid off or can be offered an early retirement option combined with a financial bonus. However, dismissing masses …
Persistent link: https://www.econbiz.de/10015220203