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Inequality in an OLG economy with heterogeneous cohorts and pension systems
Tyrowicz, Joanna; Makarski, Krzysztof; Bielecki, Marcin - 2018
We analyze the consumption and wealth inequality in an OLG model with mandatory pension systems. Our framework features … consumption inequality and wealth inequality. Second, a pension system reform from a defined benefit to a defined contribution … works to reinforce consumption inequality and reduce wealth inequality. Third, minimum pension benefits are able to …
Persistent link: https://www.econbiz.de/10011876189
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Inequality in an OLG economy with heterogeneous cohorts and pension systems
Tyrowicz, Joanna; Makarski, Krzysztof; Bielecki, Marcin - 2018
We analyze the consumption and wealth inequality in an OLG model with mandatory pension systems. Our framework features … consumption inequality and wealth inequality. Second, a pension system reform from a defined benefit to a defined contribution … works to reinforce consumption inequality and reduce wealth inequality. Third, minimum pension benefits are able to …
Persistent link: https://www.econbiz.de/10011872162
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Reforming retirement age in DB and DC pension systems in an aging OLG economy with heterogenous agents
Tyrowicz, Joanna; Makarski, Krzysztof; Bielecki, Marcin - In: IZA journal of labor policy 5 (2016) 8, pp. 1-36
We analyze the effects of increasing the retirement age in two economies with overlapping generations and within cohort ex ante heterogeneity. The first economy has a defined benefit system, and the second economy is in transition from a defined benefit to a defined contribution. We find that if...
Persistent link: https://www.econbiz.de/10011522240
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Inequality in an OLG economy with heterogeneous cohorts and pension systems
Tyrowicz, Joanna; Makarski, Krzysztof; Bielecki, Marcin - In: Journal of economic inequality 16 (2018) 4, pp. 583-606
Persistent link: https://www.econbiz.de/10012055166
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On welfare effects of increasing retirement age
Makarski, Krzysztof; Tyrowicz, Joanna - 2018
We develop an OLG model with realistic assumptions about longevity to analyze the welfare effects of raising the …
Persistent link: https://www.econbiz.de/10011812259
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On welfare effects of increasing retirement age
Makarski, Krzysztof; Tyrowicz, Joanna - 2018
We develop an OLG model with realistic assumptions about longevity to analyze the welfare effects of raising the …
Persistent link: https://www.econbiz.de/10011821425
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Consumption insurance among Blacks and Whites
Naguib, Costanza - 2022
We document relevant racial differences in the degree consumption insurance against shocks: Blacks appear to be less …
Persistent link: https://www.econbiz.de/10013362281
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Pensions, economic growth and welfare in advanced economies
Devesa, Enrique; Doménech, Rafael - In: Economic challenges of pension systems : a …, (pp. 81-103). 2020
alternative systems focuses on their effects on savings, capital accumulation, labour supply, economic growth and inequality and …
Persistent link: https://www.econbiz.de/10012207196
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Growing old in rural America : measuring late-life health and economic well-being
An, Yuulin; Chin, Sayorn; Miller, Ray - In: The journal of the economics of ageing 31 (2025), pp. 1-15
Persistent link: https://www.econbiz.de/10015431578
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Inequality, life expectancy, and the intragenerational redistribution puzzle : some experimental evidence
Krieger, Tim; Meemann, Christine; Traub, Stefan - 2022
relationship between inequality of entitlements, mortality risk, and the size of redistribution in a stylized social security …
Persistent link: https://www.econbiz.de/10013184496