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A pay-as-you-go (paygo) pension program may provide intergenerational pooling of risks toindividuals´ labor and capital income over the life cycle. By means of a model that providesilluminating closed form solutions, we demonstrate that the magnitude of the optimal paygoprogram and the nature...
Die Asiatische Entwicklungsbank (ADB) hat einen Index der Sozialen Sicherung für Asienentwickelt2, um Fragen zu beantworten, wie etwa: Wo steht Asien in Bezug auf SozialeSicherung? Worin unterscheiden sich die verschiedenen Länder? Wo bestehtNachholbedarf? Dieser Index (Social Protection...
... Der Pakt ist nun aber etabliert und umfasst seit 2001 auch die Initiative for Social Cohesion (ISC). Heribert Scharrenbroich, Staatssekretär a.D., und ehemaliger Regionaldirektor der ILO für Europa und Zentralasien, vertritt seit mehr als einem Jahr die GVG in der ISC. Im...
Pay-as-you-go pension programs can help to share risk amongst generations.While a wage-indexed pension program is best suited to share labor income risk,I show that the combination of stochastic labor income and stochastic populationgrowth may reduce the possibilities for intergenerational risk...
This report is the first policy study of the China Economic Research and AdvisoryProgramme, in which eminent economists from China and abroad have participated. Thereport focuses on the problems faced by China in the reform of its social security system.On the basis of economic principles and...
John Hills and Orsolya Lelkes have analysed results from the National Centrefor Social Research’s 1998 British Social Attitudes survey on public attitudes toredistribution and social security benefits and at how these relate to currentgovernment policies.There is a persistent public appetite...
This report summarises presentations and discussion at a seminar, organised by LSE Housingand CASE, which took place at the London School of Economics on 7th July 1998. The eventwas chaired by Professor Howard Glennerster (LSE and Chairman of STICERD), and thespeakers were Professor William...
At the end of 2008, the Government set in motion a Strategic Review of Health Inequalities in England chaired by Sir Michael Marmot. It is to report in December 2009. As part of its work, it set up various Task Groups to collect evidence and suggest policy options. The Task Group on Social...
This paper examines the impact of idiosyncratic income shocks on household consumption, educational expenditure and fertility in Indonesia, and assesses whether the investment in human capital of children and fertility are used to smooth household consumption. Using six different kinds of...
After 1989, Hungary inherited a pension system characterised by an unfair and impenetrable mix of social insurance and social assistance. Widespread public dissatisfaction and the near drift into a financial crisis in the mid 1990s cleared the path for the first paradigmatic multipillar reform...