We propose to create a multi-pillar system by merging the public and private pension systems. In this system, part of the worker’s contribution goes to a “solidarity fund” and the remaining is accrued in his individual capitalization account. This fund will finance a targeted minimum...

This paper examines recent trends and determinants of happiness inequality in Japan using unique data from the “Preference Parameters Study of Osaka University” that was conducted annually in Japan during the 2003-2013 period. The data illustrate that, despite some fluctuations, Japan...

A number of studies suggest that the Europeanization process has a profound impact on national labour market policies, but fairly little research has been devoted to the development of social assistance benefit schemes across countries and over time. Relying on two new indicators, benefit levels...

Until recently, social assistance has received relatively little attention in the comparative welfare state literature, which is remarkable given its central function in combating poverty and pursuing social inclusion. This paper explores the developments of social assistance and minimum income...

Many EU countries have been carrying out substantial pension reforms since the mid-1990s. This article studies whether the reforms that were carried out in ten EU countries before and after the financial crisis of 2008 are different. This is done through an analysis of the different elements of...

This paper studies the economic effects on re-employment and program substitution behavior among elderly displaced workers who exogenously lose eligibility for their early retirement option. We use detailed Norwegian matched employer-employee data containing information on bankruptcy dates and...

In recent years, various phenomena such as aging population, international economic crisis and changes in the conception of the role of the state have forced countries to reconsider the role of social security in general and foresight social in particular. The Argentine case is not the...

In recent years, various phenomena such as aging population, international economic crisis and changes in the conception of the role of the state have forced countries to reconsider the role of social security in general and foresight social in particular. The Argentine case is not the...

While kinks are prevalent in tax and transfer systems, the fiscal revenue and behavioral responses are not fully understood. In disability insurance (DI) programs, for instance, kinks help balance the moral hazard effects from the induced entry with the provision of work incentives for...

We investigate numerically how indexation of funded pensions for inflation can be differ-entiated across the various groups of fund participants. The pension arrangement is modelledafter the Dutch situation. While the aggregate welfare consequences are small, group-specific consequences are more...