Labor Market Archives - Page 19 of 52 - Pension Policy International

11AprApril 11, 2020

Enlisting Employees In Improving Payroll-Tax Compliance: Evidence From Mexico

By Todd Kumler, Eric Verhoogen, Judith A. Frías A growing body of research suggests that difficulties in collecting taxes are an important constraint on economic performance in developing countries. Evidence from rich countries points to third- party reporting — in particular, employer reports of employees' wages — as a potential remedy. To what extent does the accuracy of third-party reporting carry over to developing countries, with their weaker enforcement regimes? In this paper, we compare two sources of wage information...

April 11, 2020

Articles, Labor Market, Operation2013, Enrolment, Latin America, Mexico

28MarMarch 28, 2020

Opting Out of Social Security: An Idea That’s Already Arrived

By David P. Richardson Under current law, workers can partially opt out of Social Security and reduce Medicare tax liability by accepting compensation in forms exempt from payroll taxes. Changing forms of compensation has an ambiguous effect on a worker's lifetime consumption possibilities. With respect to Medicare, all households are better off since they reduce tax contributions to a fixed benefit. For Social Security, the effect is ambiguous since the tax reduction implies future benefit reductions. Analyzing a hybrid...

March 28, 2020

Articles, Labor Market2020, Social Security, US

13MarMarch 13, 2020

Society at a Glance 2019

By OECD The OECD biennial report providing internationally comparable data on demography and family characteristics, employment and wealth, mobility and housing, health status, social expenditure, subjective well-being, social cohesion, and other social measures. Included are such interesting variables as suicides, child care costs, prisoners, gender wage gaps, poverty and mothers in employment. Get the book here

March 13, 2020

Aging, Books, Labor Market2019, Public Policy

07MarMarch 7, 2020

Employee Representation and the Risk of Corporate Pension Plans

By Nicola Heusel We analyze the effect of direct labour representation in supervisory boards on the risk of corporate pension plans.We exploit employee representation requirements mandated by German labour law and find that firms with parity employee representation reduce pension plan risk both in terms of funding as well as in terms of investment risk. Source: SSRN

March 7, 2020

Articles, Labor Market2020, Europe, Germany, Risk

28FebFebruary 28, 2020

Dynamic Incentives in Retirement Earnings-Replacement Benefits

By Andrés Dean, Sebastian Fleitas, KU Leuven, Mariana Zerpa Many defined-benefit pension systems in developed and developing countries use a small set of final years of earnings to compute pension benefits. This provides dynamic incentives to report higher earnings in the final years of the career. In this paper, we document the responses of self-employed and employed workers to these incentives, using social security administrative records and household surveys from Uruguay. We implement event studies that leverage the...

February 28, 2020

Articles, Labor Market, Pension design2020, Income, Retirement Age, Uruguay

22FebFebruary 22, 2020

Progress and Challenges of Nonfinancial Defined Contribution Pension Schemes

The aim of this anthology is to provide new contributions to the collective knowledge of the issues and challenges of designing mandated and earnings-related universal public pension schemes (UPPS), in which a universal public nonfinancial defined contribution (NDC) scheme is one of four design options. In 1994, Nonfinancial Defined Contribution (NDC) Pension Schemes left the crib and was taking its first steps in Sweden, Italy, and Latvia. A couple of years later a fourth sibling was born in Poland, with...

February 22, 2020

Books, Books, Labor Market, Pension design2020, Financial Inclusion, Healthcare, Income, Informal Sector, Social Security

22FebFebruary 22, 2020

Health, Wealth, and Informality over the Life Cycle

By Julien Albertini, Xavier Fairise, Anthony Terriau How do labor market and health outcomes interact over the life cycle in a country characterized by a large informal sector and strong inequalities? To quantify the effects of bad health on labor market trajectories, wealth, and consumption, we develop a life-cycle heterogeneous agents model with a formal and an informal sector. We estimate our model using data from the National Income Dynamics Study, the first nationally representative panel study in South Africa. We...

February 22, 2020

Articles, Labor Market, Pension designFinancial Inclusion, Healthcare, Income, Informal Sector, Social Security

15FebFebruary 15, 2020

Retirement Migration from the U.S. to Latin American Colonial Cities (International Perspectives on Aging Book 27)

By Philip D. Sloane, Sheryl Zimmerman, Johanna Silbersack This book provides a comprehensive overview of a growing phenomenon in migration: retired Americans moving to Latin America. Through in-depth profiles of two of the most popular destinations – Cuenca, Ecuador and San Miguel de Allende, Mexico, the book provides a unique commentary on the social forces shaping this new diaspora and its impact on the settings to which retirees relocate. Sections of the book address the lives and activities of retirees themselves; their...

February 15, 2020

Adequacy, Aging, Books, Books, Labor MarketIncome, Migration

01FebFebruary 1, 2020

Measuring the ethnicity pensions gap

By The people´s pension Last year The People’s Pension examined in detail the drivers of the yawning gap in pension income between women and men, as the first part of a series examining the UK’s ‘under-pensioned’. Our second report focuses on another dramatically underpensioned group: ethnic minorities. New calculations by The People’s Pension reveal that the UK’s overall ethnicity pension gap – the percentage difference in pension income for pensioners who belong to an ethnic minority group compared to pensioners...

February 1, 2020

Books, Labor Market2020, Adequacy, Europe, Income, Inequality, UK

24JanJanuary 24, 2020

What Aspects of Formality Do Workers Value? Evidence from a Choice Experiment in Bangladesh

By Minhaj Mahmud, Italo A. Gutierrez, Krishna Kumar, Shanthi Nataraj This study uses a choice experiment among 2,000 workers in Bangladesh to elicit willingness to pay (WTP) for job attributes: a contract, termination notice, working hours, paid leave, and a pension fund. Using a stated preference method allows calculation of WTP for benefits in this setting, despite the lack of data on worker transitions, and the fact that many workers are self-employed, which makes it difficult to use revealed preference...

January 24, 2020

Articles, Labor MarketInformal Sector

April 2020

Enlisting Employees In Improving Payroll-Tax Compliance: Evidence From Mexico

March 2020

Society at a Glance 2019

Employee Representation and the Risk of Corporate Pension Plans

February 2020

Dynamic Incentives in Retirement Earnings-Replacement Benefits

Retirement Migration from the U.S. to Latin American Colonial Cities (International Perspectives on Aging Book 27)

Measuring the ethnicity pensions gap

January 2020

What Aspects of Formality Do Workers Value? Evidence from a Choice Experiment in Bangladesh