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formal jobs rationing is limited and that mandatory pension contributions play an sizeable role in encouraging informality …This paper investigates empirically the fiscal and welfare trade-offs involved in designing a pension system when …/informal sector choice and saving decisions under the rules of Chile's canonical privatized pension system. The parameters governing …
Persistent link: https://www.econbiz.de/10010359417
formal jobs rationing is limited and that mandatory pension contributions play an sizeable role in encouraging informality …This paper investigates empirically the fiscal and welfare trade-offs involved in designing a pension system when …/informal sector choice and saving decisions under the rules of Chile's canonical privatized pension system. The parameters governing …
Persistent link: https://www.econbiz.de/10013052709
formal jobs rationing is limited and that mandatory pension contributions play an sizeable role in encouraging informality …This paper investigates empirically the fiscal and welfare trade-offs involved in designing a pension system when …/informal sector choice and saving decisions under the rules of Chile's canonical privatized pension system. The parameters governing …
Persistent link: https://www.econbiz.de/10013053694
. High levels of informality have impacts on the benefits that workers receive, especially their pension benefits. I use … their pension eligibilities, as well as how the social security scheme can change the aforementioned participation path … path and their pension eligibilities. I find evidence that low-educated workers have difficulties to obtain a pension by …
Persistent link: https://www.econbiz.de/10011986227
In this paper we exploit a cohort-specific pension reform to estimate the causal labour market effects of changes in …-quality administrative data from the German pension insurance. We present evidence for sizable labour market effects. In addition to direct … effects on women older than 60 we find important anticipation effects before reaching the pension eligibility age. Overall we …
Persistent link: https://www.econbiz.de/10011558593
This study provides novel evidence about the pension wealth elasticity of employment. For the identification we exploit … reform-induced variation of pension wealth that is related to the number of children but which does not affect the implicit … tax rate of employment. We use a difference-in-differences estimator based on administrative data from the German pension …
Persistent link: https://www.econbiz.de/10014476768
This study provides novel evidence about the pension wealth elasticity of employment. For the identification we exploit … reform-induced variation of pension wealth that is related to the number of children but which does not affect the implicit … tax rate of employment. We use a difference-in-differences estimator based on administrative data from the German pension …
Persistent link: https://www.econbiz.de/10014370431
, according to our regression discontinuity estimates based on administrative pension data, there was no significant delay in the … age of first pension receipt. Based on additional data sources, we find (i) that almost all pension recipients of our …
Persistent link: https://www.econbiz.de/10010470896
In aging societies, information on how to reform pension systems is essential to policy makers. This study scrutinizes … administrative pension data and a detailed model of the German tax and social security system to estimate a structural dynamic … that similar levels of net public returns achieved by indiscriminating pension cuts are associated with individual welfare …
Persistent link: https://www.econbiz.de/10011440834
In aging societies, information on how to reform pension systems is essential to policy makers. This study scrutinizes … administrative pension data and a detailed model of the German tax and social security system to estimate a structural dynamic … achieved by indiscriminating pension cuts, are associated with individual welfare losses that are more than twice as high. …
Persistent link: https://www.econbiz.de/10011595496