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The labor market effects of pension reform stem from retirement behavior and from job search and hours worked of prime … age workers. This paper investigates the impact of four often proposed policy measures for sustainable pensions … demonstrate the economic and welfare impact of recent pension reform in Austria …
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The paper presents a non-exhaustive survey of the literature designed to explain emergence, size and political sustainability of pay-as-you-go pension systems. It proposes a simple framework of analysis (a small open two overlapping generation economy model), around which some variants are...
Persistent link: https://www.econbiz.de/10013137113
The paper presents a non-exhaustive survey of the literature designed to explain emergence, size and political sustainability of pay-as-you-go pension systems. It proposes a simple framework of analysis (a small open two overlapping generation economy model), around which some variants are...
Persistent link: https://www.econbiz.de/10011625690
' preferences are determined for 15 age groups and all possible levels of wealth to account for expectations held prior to a reform …
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timing of retirement. Using detailed longitudinal population register data 1982–2010, we track first-time enrollees in higher … large effects. Tentative calculations indicate that if enrollment occurs at age 42, the retirement delay represents about …
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