Search Results - subject_exact:"Public pension system"

Is GDP growth necessary to maintain pensions? : an empirical analysis of public pension spending and benefits in the OECD

Palomera, David; Starke, Peter - 2026

The literature on growth dependencies increasingly calls for post-growth welfare states capable of functioning without reliance on GDP growth in order to remain within planetary limits. Yet empirical research on the relationship between welfare state arrangements and economic growth remains...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015611855

Integration or isolation? : the impact of retirement on social capital

Atalay, Kadir; Staneva, Anita; Zhu, Rong - 2026

This paper examines the causal impact of retirement on social capital using nationally representative Australian panel data. Exploiting the eligibility age for the Age Pension, we find that retirement significantly enhances social capital by increasing social connectedness and community...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015616352

What happens when the social security trust fund is exhausted : an alternative contingency policy

Warshawsky, Mark J. - 2026

When the Social Security retirement Trust Fund is exhausted in 2032, old-age and survivor benefits in total must be cut by 24 percent, according to current projections. This is generally thought to be an across-the-board cut by the Social Security Administration, which would hit the poor...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015593244

Analysepotenzial der Lohn- und Einkommensteuerstatistik zu Altersvorsorgebeiträgen und Renten : Abschlussbericht

Jansen, Andreas - 2026

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015594939

Pension saving in a gendered lifecourse

James, Hayley - 2026

Despite automatic enrolment in work pension schemes, private saving for pensions in the UK is relatively low, with most people under-pensioned in later life and reliant on the state pension. In this book, Hayley James shows that equally significant is that women save far less for old age than...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015555380

Retirement under policy uncertainty

Bello, Piera; Galasso, Vincenzo; Izzo, Alessandro - 2026

This paper examines how policy uncertainty influences retirement decisions. We develop a simple model in which individuals face a one-time choice between immediate retirement and continued employment until the statutory retirement age. In the absence of policy uncertainty, retirement decisions...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015606282

''State-ification'' of the entrepreneur or ''entrepreneurialization'' of the state? : how Singapore challenges both Mazzucato and her critics

Hjortsberg, Jacob - 2026

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015620470

Optimal risk sharing and incentive provision in social security systems

Berriel, Rafael; Costa, Carlos E. da - 2026

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015620767

The economic determinants of old-age poverty in South Korea : evidence from longitudinal household data

Giannelli, Gianna Claudia; Hegyi, Tamara - 2026

In South Korea, nearly 40% of the elderly population lives in poverty, one of the highest rates in the developed world. As the country undergoes a rapid demographic transition and the share of older individuals increases, understanding the drivers of old-age poverty becomes increasingly...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015624663

An overlapping generations model to investigate the fiscal implications of New Zealand's ageing population : a background paper for the 2025 Long-term Fiscal Statement

Binning, Andrew; Özbilgin, Murat; Smith, Christie - 2026

New Zealand's population is ageing. Public spending on public pensions (NZ Superannuation) and health are particularly sensitive to this trend and are expected to increase accordingly. Current and future government policies aimed at addressing this challenge will not only influence macroeconomic...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015625615

The effects of social pensions on monetary and time transfers among the poor

Olivera, Javier; Iparraguirre, Yadiraah - 2026

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015638642

Editorial : special Issue on "empirical studies with micro-data from the German Pension Insurance"

Mika, Tatjana; Börsch-Supan, Axel; Brussig, Martin; … - 2026

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015639756

Differences in public pension entitlements within couples : analyses based on SHARE-RV

Herold, Imke - 2026

Within the three-pillar German pension system, the German Pension Insurance remains the most important source of old-age income. From a gender comparative perspective, existing literature shows the inequality between men and women regarding income and wealth in general. Wealth includes pension...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015639760

The motherhood penalty in financial resources for retirement : a life course perspective on the accumulation of public pension wealth and personal wealth in East and West Germany

Möhring, Katja; Overweg, Clara; Weiland, Andreas P. - 2026

This study investigates the motherhood penalty on personal net wealth and public pension wealth, focusing on women born between 1937 and 1989. Expanding upon previous research, we (a) contrast the impact of motherhood on public pension wealth and net wealth, (b) adopt a dynamic perspective by...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015639764

Pension reform effects in times of technological change and shifting task composition

Boockmann, Bernhard; Herdegen, Natalie; Kroczek, Martin - 2026

We study heterogeneity in the effects of a pension reform in Germany: the introduction of the old-age pension for the very long-term insured, which lowered the threshold for full pension receipt from age 65 to 63. Using a regression discontinuity design (RDD) and rich administrative pension...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015639765

Special issue: empirical studies with micro-data from the German Pension Insurance

2026

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015639776

Reform of the National Pension System of Egypt : Client-Centric Digital Transformation that Revolutionized Service Delivery

2026

The public social insurance system in Egypt plays a critical role in maintaining the cohesion of society within the country’s broader social protection framework. The system has a long history that dates back to the mid-19th century and includes various laws that have been introduced over time...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015641175

The role of pension systems in retirement across development

Bosch, Mariano; Rojas, Paola - 2026

We study how pension systems shape labor supply at older ages using census microdata from 78 countries. Male employment rates are similar in midlife across countries but diverge sharply thereafter: by age 75, 54% of men remain employed in low-income countries compared with 8% in high-income...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015644726

Unequal lives, unequal benefits : life expectancy and social security rules

Fernández-Blanco, Javier; Sánchez Marcos, Virginia - 2026

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015655676

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Unequal lives, unequal benefits : life expectancy and social security rules

Fernández-Blanco, Javier; Sánchez Marcos, Virginia - 2026

Book / Working Paper

Lowering the retirement age : employment effects and mechanisms

Ottmer, Henning - 2026

This paper examines a 1976 Swedish reform that lowered the normal retirement age (NRA) for public pensions from 67 to 65. The reform implied substantial increases in future pension benefits while leaving contribution rules unchanged. Using administrative data, I find sharp behavioral responses:...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015656148

Die gesetzliche Rentenversicherung : Diagnose und Therapie im Jahr 2025 : Impulspapier des Beraterkreises für evidenzbasierte Wirtschaftspolitik der Bundesministerin für Wirtschaft und Energie

2026

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015647140

Mandatory pension contributions, household consumption, and savings

Larsen, Linda Sandris; Nielsson, Ulf; Nutu, Mara; … - 2026

Using Danish register data, we study whether individuals save enough to maintain almost all (90%) of their pre-retirement consumption. We find that 85 percent do, largely due to mandatory labour market pension contributions. The remaining 15 percent are less likely to have mandatory pension...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015647153

Sustainability of pension reforms : an EU-wide political stress test

Hindriks, Jean; Cetin, Sefane - 2026

Many countries have implemented a variety of pension reforms in response to the challenges posed by an aging population. These reforms typically involve a trade-off between 'refinancing' (i.e., increasing contributions) and 'retrenchment' (i.e., reducing benefits). The primary question addressed...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015647154

Addressing the Demographic Decline in South Korea

Carroll, Daniel; Hur, Sewon; İmrohoroğlu, Selahattin; … - 2026

In this paper, we use an overlapping-generations standard-incomplete markets model to quantitatively investigate the long-run implications of Korea's demographic changes and policy reforms. Importantly, our quantitative model endogenizes the retirement decision and matches the elasticity of...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015650427

Fairness views, pension benefits, and heterogeneity in life expectancy

Chaykina, Maria - 2026

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015650667

Fiduciary futures : rethinking pensions as engines of sustainable development in Africa

Asamoah, Alelia Amy - 2026

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015650978

How the universal pension scheme shapes poverty outcomes in Zanzibar : insights from the ZANMOD microsimulation model

Hemed, Issa; Ramadhan, Ramadhan - 2026

This study examines the effectiveness of the Zanzibar Universal Pension Scheme using the Zanzibar taxbenefit microsimulation model ZANMOD and data from the 2019/2020 Household Budget Survey across baseline, historical, and reform scenarios. It shows that the scheme plays an important role in...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015651860

Opt-in or opt-out? : the power of defaults in pension enrollment choices

Bucher-Koenen, Tabea; Wallossek, Luisa; Winter, Joachim - 2026

Default settings strongly increase pension enrollment, especially when savings incentives are high and choices are complex. We show that the effect is weaker when incentives are low, options are simple, and opting out is easy. We study the nationwide introduction of auto-enrollment for...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015632266

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Opt-in or opt-out? : the power of defaults in pension enrollment choices

Bucher-Koenen, Tabea; Wallossek, Luisa; Winter, Joachim - 2026

Book / Working Paper

Unclaimed support : changes in the take-up of means-tested benefits in the UK since 2008

Popova, Daria; Vella, Melchior; Mitton, Lavinia; … - 2026

Non-take-up of social benefits occurs when eligible individuals or households fail to claim welfare support to which they are entitled. This paper provides new estimates of take-up for major UK benefits between 2008 and 2023, including Child Benefit, Pension Credit, and Universal Credit together...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015634138

How is wealth distributed across British households? : reassessing the valuation of pensions

Delestre, Isaac; O'Brien, Laurence - 2026

Reliable statistics on the distribution of wealth - and how this has changed over time - are essential for informing a range of policy debates. Unfortunately, current official statistics from the Office for National Statistics (ONS) do not provide a coherent or consistent guide to how wealth is...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015635315

Balancing sustainability and well-being : a multivariate analysis of European pension regimes

Nádasi, Levente Sándor; Kovács, Sándor - 2026

As the European population ages, the sustainability of pension systems faces a trilemma: the structural conflict between achieving benefit adequacy, fiscal stability, and labor market flexibility. This study investigates the primary research hypothesis that these three objectives involve...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015636719

Occupational pension coverage and timing of retirement in Ireland

Seth, Siddhant; Tuda, Dora - 2026

Ireland has historically relied heavily on the State pension as the primary source of income in retirement. While occupational pension coverage has risen steadily in recent years, a substantial share of older employees still approach retirement without supplementary pension provision....

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015667327

Parenthood and pension wealth : the long-term impact of children on retirement savings

Landovská, Petra; Votápková, Jana - 2026

Population ageing and declining fertility challenge public pension systems and raise concerns about financial preparedness for retirement. While wealth accumulation depends on socioeconomic characteristics such as income, education, and health, family size may also shape long-term saving...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015667772

Development of an overlapping generations model for the Russian economy for long-term forecasting of the pension system

Shpilevaya, Angelina E.; Gareev, Mikhail Y.; Nesterova, … - 2026

This paper presents a dynamic overlapping generations general equilibrium model for the Russian economy to assess the economic and fiscal effects of the 2018 pension reform, which raised the statutory retirement age. The model incorporates realistic demographic projections, variable labor supply...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015668269

Indexation, reserves, and crisis resilience : an assessment of Lithuania's social insurance fund

Brenna, Federica; Girstmair, Stefan; Vasiliauskas, Kasparas - 2026

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015668575

Assessing the government's reform to the National Insurance treatment of salary sacrifice pension contributions

O'Brien, Laurence; Oulton, Matthew - 2026

In November 2025, the Chancellor announced that salary sacrifice pension contributions - whereby employees agree to a reduction in their salary in return for additional employer pension contributions - above £2,000 per year will no longer be exempt from employer and employee National Insurance...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015668543

Do household dynamics shape retirement responses to the Fornero Pension Reform?

Kurt, Emre; Riganti, Andrea - 2026

This paper examines whether the 2011 Italian Fornero Pension Reform altered retirement behaviour among individuals approaching retirement age and whether household characteristics shaped responses to the reform. Using panel data from Waves 4 and 5 of the Survey of Health, Ageing and Retirement...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015669754

Does populist redistribution reveal the heterogeneity it denies? : Italy's technocratic and populist pension reforms

Kurt, Emre; Asutay, Ege - 2026 - This version: 25th June 2026

Populist movements claim to represent an undifferentiated 'people', yet every redistributive instrument they enact selects a subset to receive its benefits. This paper uses Italy's two back-to-back pension reforms as a stress test of that within-people contradiction. The technocratic Fornero...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015669755

Self-control and early withdrawal from retirement accounts

Moran, Patrick; Schneider, Patrick - 2026

Using a survey-elicited measure of psychological self-control and a policy change in Australia during COVID-19, we find that self-control issues significantly predict early withdrawals from retirement accounts. Individuals in the top quintile of self-control issues are 60% more likely to...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015669769

Die gesetzliche Rentenversicherung : Diagnose und Therapie im Jahr 2025$dImpulspapier des Beraterkreises für evidenzbasierte Wirtschaftspolitik der Bundesministerin für Wirtschaft und Energie

2026

In einem Impulspapier weist der wissenschaftliche Beraterkreis des Bundeswirtschaftsministeriums auf die Notwendigkeit entschlossener Reformen des Rentensystems hin, damit die Rente finanzierbar bleibt. Die Reformvorschläge reichen von der Kopplung des Renteneintrittsalters an die fernere...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015625770

Pension income and post-retirement labor supply

Kindermann, Fabian; Krolage, Carla; Kunz, Sebastian; … - 2026

This paper provides causal evidence on how pension income affects labor supply after retirement. We exploit the introduction of the German Earned Income Pension Credit (Grundrente), which permanently increased pension income for retirees with long contribution histories and comparatively low...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015665337

Population aging, pension systems, and economic growth : applying an overlapping generations model to the informal sector

Navarat Temsumrit - 2023

This paper analyzes the eﬀects of an unfunded pension system on economic growth using an extended overlapping generations model to include the informal sector. Emerging countries usually have a more signiﬁcant informal sector than advanced ones. The ﬁndings based on the Thai economy data...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10014426328

Comprehensive national review of the system and reforms of Egypt

2025 - Edition 1

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015616910

Behavioural biases in investment decisions of pension savers : evidence from the 2nd pillar of the pension system in Slovakia

Szakadatova, Estera; Čaplánová, Anetta; Sivak, Rudolf - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015485870

Der Einfluss einer breiten Nutzung von Betriebspensionen auf die Pensionshöhe

Url, Thomas - 2025

Im österreichischen Pensionsrecht ermöglicht eine durchgängige Erwerbskarriere eine Pensionshöhe von 80% des durchschnittlichen Erwerbseinkommens. In dieser Studie wird die Auswirkung einer allgemeinen zusätzlichen betrieblichen Altersvorsorge auf die Höhe der Erstpension untersucht. Eine...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015204863

Incentive effects of disability benefits

Gehlen, Annica; Becker, Sebastian; Geyer, Johannes; … - 2025

We provide novel evidence on the trade-off between insurance and incentives when adjusting disability insurance (DI) benefit generosity using a comprehensive measure that encompasses not only the effect on take-up but also behavioral responses of DI recipients with respect to employment and exit...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015655404

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Incentive effects of disability benefits

Gehlen, Annica; Becker, Sebastian; Geyer, Johannes; … - 2025

Book / Working Paper

Protecting social security : the case against extending the full retirement age

Lane, Edward - 2025

The Social Security "full retirement age" (FRA) is the age at which retirement income benefits are available without reduction for early commencement. Presently, that age is 67 for those born in 1960 or later. This paper is about the unfair and unnecessary threat to reduce Social Security...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015371402

Individuals' challenges managing pensions through retirement

Boileau, Bee; Cribb, Jonathan; Emmerson, Carl - 2025

This report is one of two reports on the management of pension wealth in retirement conducted as part of the Pensions Review, led by the Institute for Fiscal Studies in partnership with the abrdn Financial Fairness Trust. In this report, we examine the decisions that older individuals face as...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015371487

An ex-ante assessment of the proposal to reform the second pillar of the Lithuanian pension system

Bielskis, Karolis; Brenna, Federica; Garcia-Louzao, Jose; … - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015372792

Social security and retirement around the world : lessons from a long-term collaboration

Coile, Courtney; Wise, David A.; Börsch-Supan, Axel; … - 2025

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10015374548

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Social security and retirement around the world : lessons from a long-term collaboration

Coile, Courtney - 2022

Book / Working Paper