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Claiming Social Security retirement benefits before the full retirement age (FRA) results in permanently lower benefits. Therefore, delaying claiming is often considered the best decision economically. We examine a number of novel changes aimed at encouraging individuals to delay claiming in the...
Persistent link: https://www.econbiz.de/10014036737
We present the first evidence on public attitudes towards two prominent euro area reform proposals (European … of a randomized survey experiment in Germany. We find that there is a low willingness among German voters to accept …, cosmopolitanism, political preferences and income are important predictors of support for the reform proposals. We also show that …
Persistent link: https://www.econbiz.de/10012912428
We present the first evidence on public attitudes towards two prominent euro area reform proposals (European … of a randomized survey experiment in Germany. We find that there is a low willingness among German voters to accept …, cosmopolitanism, political preferences and income are important predictors of support for the reform proposals. We also show that …
Persistent link: https://www.econbiz.de/10011872940
effects of public pensions and credit rationing. These implications are not much affected by whether altruism is assumed or … ; renegotiation-proofness ; altruism ; fertility ; saving ; transfers ; attention ; pensions ; credit rationing …
Persistent link: https://www.econbiz.de/10003260821
effects of public pensions and credit rationing. These implications are not much affected by whether altruism is assumed or …
Persistent link: https://www.econbiz.de/10012784207
Persistent link: https://www.econbiz.de/10011696937
If unfunded pensions crowd-out private savings, pensions reform should raise the timepath of capital. Even if reform … surprise reform will generate unexpected capital gains. We considerwhether the taxation of these extraordinary capital gains … revenue for a Pareto-improving reform,but in practice, for plausible parameterisations, is that it will increase its …
Persistent link: https://www.econbiz.de/10005868946
extensive and intensive labour supply responses to changes in fertility rates, and (ii) the potential of a retirement reform to … fertility decline, a retirement reform, designed to increase labour supply at the extensive margin, is found to simultaneously … reduce labour supply at the intensive margin. This backlash to retirement reform requires the statutory retirement age to …
Persistent link: https://www.econbiz.de/10013136598
in a social security reform: tax incentives for private life annuities, a cut in the social security benefits and an … consumption choice. In this case, they counteract the negative effects on old-age consumption of the other two reform instruments … individuals. Second, we assess the effects of the reform measures on the equilibrium price, in view of an adverse …
Persistent link: https://www.econbiz.de/10009750240