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The paper first considers two properties of measures of effective progression, proportional yield neutrality and linear decomposability. It is shown that decomposability implies yield neutrality but not the converse. The concept of sensitivity of a measure to progression in various ranges of the...
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The paper first considers two properties of measures of effective progression, proportional yield neutrality and linear decomposability. It is shown that decomposability implies yield neutrality but not the converse. The concept of sensitivity of a measure to progression in various ranges of the...
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Pensions and broader forms of retirement income do not stop at national borders. As part of globalization, individuals increasingly spend part of their working or retirement life abroad but want to keep or move their acquired rights, accumulated retirement assets, or benefits in payment freely...
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