March 2018

11Mar

Causes and Characteristics of Population Aging

By Kyounghoon Park (The Bank of Korea) Korea’s level of population aging remains lower than the OECD average. However, the pace of population aging in Korea is faster than that of many other member countries, as its total fertility rate is the lowest among OECD countries while its life expectancy exceeds the OECD average. Using panel data from OECD member countries, this paper divides the common causes of population aging in OECD countries into declining fertility rate and increasing life...

March 11, 2018
Aging, Articles, Labor Market, , ,
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February 2018

26Feb

Poverty Among Older People and Pensions Policy in the EU (Public Policy and Social Welfare)

By Asghar Zaidi Based on research work financed by the European Commission under their programme of Community Action to Combat Social Exclusion, this book offers a comprehensive picture of the present state of later-life poverty across the 25 member states of the European Union. The authors analyze the poverty risks older people are currently facing in combination with a detailed study on the current European data-sets used to measure these risks. They provide a detailed description of recent pension reforms...

February 26, 2018
Books, Pension design, ,
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19Feb

Improving the Targeting of Social Programs in Ghana

By Quentin Wodon This study provides a diagnostic of the benefit incidence and targeting performance of a large number of social programs in Ghana. Both broad-based programs (such as spending for education and health, and subsidies for food, oil-related products and electricity) as well as targetd programs (such as LEAP, the indigent exemption under the NHIS, school lunches and uniforms, or fertilizer subsidies) are considered. In addition, the study provides tools and recommendations for better targeting of those programs in...

February 19, 2018
Books, System Sustainability, , ,
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12Feb

Pension Plans Central America Report

The Pension Plans Central America Report gives Market Consumption / Products / Services for 31 countries by each Product by 3 Time series: From 1997- 2016 and Forecasts 2017- 2024 & 2024-2028. Countries covered include: Antigua & Barbuda, Aruba, Bahamas, Barbados, Belize, Cayman Islands, Costa Rica, Cuba, Dominica, Dominican Republic, El Salvador, Grenada, Guadeloupe, Guatemala, Haiti, Honduras, Jamaica, Martinique, Mexico, Netherlands Antilles, Nicaragua, Panama, Puerto Rico, Saint Kitts & Nevis, Saint Lucia, St Vincent/Grenadines, Trinidad & Tobago, US Virgin Islands....

February 12, 2018
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12Feb

The Effect of Physical and Cognitive Decline at Older Ages on Work and Retirement: Evidence From Occupational Job Demands and Job Mismatch

By Peter Hudomiet (RAND Corporation), Michael D. Hurd (RAND Corporation; State University of New York at Stony Brook - College of Arts and Science - Department of Economics; National Bureau of Economic Research (NBER)), Susann Rohwedder (RAND Corporation) & Robert J. Willis (University of Michigan at Ann Arbor - Department of Economics; National Bureau of Economic Research (NBER)) As workers age, their physical and cognitive abilities tend to decline. This could lead to a mismatch between workers’ resources and the...

February 12, 2018
Aging, Articles, Labor Market, ,
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January 2018

29Jan

A European Pensions Union: Towards a Strengthening of the European Pension Systems

By Pascal Borsjé (Clifford Chance LLP) & Hans van Meerten (Utrecht University - Utrecht Centre for Shared Regulation and Enforcement in Europe – RENFORCE) This contribution will especially address the EC’s general policy in respect of the IORP II Proposal, also in connection with general more recent EU law developments, and its consequences for the pension systems of the EU Member States, with a focus on the occupational pension system of the Netherlands. (more…)

January 29, 2018
Articles, Labor Market, Pension design, Regulation, , ,
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December 2017

04Dec

Generational Transfers within the Occupational Pension System in Switzerland

By Severine Arnold (-Gaille) (University of Lausanne - Faculty of Business and Economics) & Anca Jijiie (Faculty of Business and Economics) Solidarity, a key element of any social security system, can be defined as the total intended redistributions that take place between the existent groups within the system, with the purpose of helping each other. However, unintended redistributions also exist, affecting the fairness of the system and leading to animosities between these groups, in particular between active members and pensioners....

December 4, 2017
Aging, Articles, Labor Market, , ,
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November 2017

27Nov

Life-Cycle Labour Supply and Social Security Wealth: Evidence from the 1995 Italian Pension Reform

By Giulia Bovini (London School of Economics & Political Science (LSE) - Department of Economics) This paper studies life-cycle labour supply responses to lower social security wealth. An over-arching pension reform implemented in Italy in 1995 (the Dini pension reform) provides the setting for the analysis. While ushering the transition from a defined-benefit (DB) to a notional defined-contribution (NDC) scheme, it introduced discontinuities in the social security replacement rate based uniquely on years of qualifying retirement contributions accrued by the...

November 27, 2017
Aging, Labor Market, , ,
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20Nov

The Rising Longevity Gap by Lifetime Earnings – Distributional Implications for the Pension System

By Peter Haan (DIW Berlin), Daniel Kemptner (DIW Berlin), Holger Lüthen (DIW Berlin) This study uses German social security records to provide novel evidence about the heterogeneity in life expectancy by lifetime earnings and, additionally, documents the distributional implications of this earnings-related heterogeneity. We find a strong association between lifetime earnings and life expectancy at age 65 and show that the longevity gap is increasing across cohorts. For West German men born 1926-28, the longevity gap between top and bottom...

November 20, 2017
Aging, Articles, Labor Market, Savings, Slider-Left, Uncategorized, ,
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October 2017

27Oct

Retirement Age Effects of Pension and Salary Reforms: Evidence from Wisconsin Teachers

By Barbara Biasi (Princeton University) Public sector employees in the US receive a large part of their lifetime compensation in the form of defined benefit pensions, financed in part with employees’ salary contributions. Combined with different wage structures, these pension plans can affect workers’ decisions on the optimal retirement age and, in turn, the composition of the workforce. In this paper I study the retirement effects of a reform which increased all Wisconsin teachers’ contribution to the pension fund, and...

October 27, 2017
Articles, Funding, Regulation, Slider-Left, System Sustainability, , , ,
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