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This paper studies the transmission mechanism from family culture to economic institutions, by analyzing the impact of the within family organization on the original design of the public pension systems. We build a simple OLG model with families featuring either weak or strong internal ties....
Persistent link: https://www.econbiz.de/10008697040
Family is a primal institution. Family organization (e.g. inheritance rules) can be transmitted over time, or even embedded into newly born economic institutions. We argue that when the family is substituted in one of its economic role by another, perhaps new, institution, the economic...
Persistent link: https://www.econbiz.de/10013139604
This paper studies the transmission mechanism from family culture to economic institutions, by analyzing the impact of the within family organization on the original design of the public pension systems. We build a simple OLG model with families featuring either weak or strong internal ties....
Persistent link: https://www.econbiz.de/10013316150
; public opinion poll ; PAYG pension system ; East Germany …
Persistent link: https://www.econbiz.de/10003872791
For policy reforms to increase a society's welfare, reliable information on people's preferences and expectations is crucial. Representative opinion polls, often involving simplifed questions about the complex topics under debate, are an important source of information for both policy-makers and...
Persistent link: https://www.econbiz.de/10014202805
For policy reforms to increase a society's welfare, reliable information on people's prefer-ences and expectations is crucial. Representative opinion polls, often involving simplified questions about the complex topics under debate, are an important source of information for both policy-makers...
Persistent link: https://www.econbiz.de/10013156875
Using an overlapping generations model, two new indicators of public pension system sustainability are proposed: the pension space, which measures the capacity to pay for pension expenditures out of labour taxation, and the pension space exhaustion probability reflecting demographic...
Persistent link: https://www.econbiz.de/10014347982
Increases in longevity, changes in pension structure, and the shift to greater individual responsibility for retirement saving make it important that governments provide workers with information about their public retirement benefits. Public pension statements are one way governments can do...
Persistent link: https://www.econbiz.de/10014035233
. Exploiting a quasi-natural experiment arising from the historic division of Germany into East and West, I show that former East … West Germans. Opposite of what existing literature finds, higher educational attainment in East Germany actually increases … concerns. Further, I find that the effect of living in East Germany is driven by former East Germans who were born during, and …
Persistent link: https://www.econbiz.de/10014111554
This paper provides the results of analyses of key problems related to pension systems and their reforms in Russia and Ukraine. The pension systems and their reforms in both countries are compared. They are also compared with the general picture observed in the OECD or selected countries...
Persistent link: https://www.econbiz.de/10003953238