ERN: Intertemporal Consumer Choice; Life Cycle Models & Savings (Topic)最新文献_第4页

Determinants of Defined Contribution Pension Choice in the Japanese Workforce 日本劳动力养老金选择的决定因素

ERN: Intertemporal Consumer Choice; Life Cycle Models & Savings (Topic) Pub Date : 2010-03-16 DOI: 10.2139/ssrn.1573205

Satoshi P. Watanabe

引用次数: 2

Insuring Consumption Using Income-Linked Assets 使用收入挂钩资产保障消费

ERN: Intertemporal Consumer Choice; Life Cycle Models & Savings (Topic) Pub Date : 2010-03-01 DOI: 10.2139/ssrn.1566976

A. Fuster, P. Willen

引用次数: 16

The Response of Household Wealth to the Risk of Losing the Job: Evidence from Differences in Firing Costs 家庭财富对失业风险的反应:来自解雇成本差异的证据

ERN: Intertemporal Consumer Choice; Life Cycle Models & Savings (Topic) Pub Date : 2010-02-19 DOI: 10.2139/SSRN.1555614

Cristina Barceló, Ernesto Villanueva

引用次数: 86

What is it that Makes the Swiss Annuitise? A Description of the Swiss Retirement System 是什么让瑞士年金化?瑞士退休制度简介

ERN: Intertemporal Consumer Choice; Life Cycle Models & Savings (Topic) Pub Date : 2010-02-04 DOI: 10.2139/ssrn.1407370

Benjamin Avanzi

引用次数: 14

Private Intergenerational Transfers and Their Ability to Offset the Fiscal Burden of Ageing 私人代际转移及其抵消老龄化财政负担的能力

ERN: Intertemporal Consumer Choice; Life Cycle Models & Savings (Topic) Pub Date : 2010-02-01 DOI: 10.1111/j.1468-0106.2009.00493.x

Hayat Khan

{"title":"Private Intergenerational Transfers and Their Ability to Offset the Fiscal Burden of Ageing","authors":"Hayat Khan","doi":"10.1111/j.1468-0106.2009.00493.x","DOIUrl":"https://doi.org/10.1111/j.1468-0106.2009.00493.x","url":null,"abstract":"The ratio of retirees to workers in developed countries is expected to increase sharply in the next few decades. In the presence of unfunded income support policies, this increase in old age dependency is expected to increase the future fiscal burden of ageing, which is seen as a threat to living standards. Private intergenerational transfers in the form of bequests are also expected to increase in ageing societies, which may offset the adverse effects of the fiscal burden of population ageing on future living standards. This paper quantifies the ability of these private intergenerational transfers to offset the future fiscal burden of ageing in Australia. This is done through developing a dynamic overlapping generations simulation model with realistic demographics. Calculations based on steady-state simulations (with a pay-as-you-go tax rate equal to 3.3% of GDP) suggest that a bequest to GDP ratio of 1% offsets approximately one-third of the fiscal burden over the lifecycle when measured as a proportion of simple labour income and one-eleventh of the fiscal burden when measured as a proportion of full income (labour income plus leisure). The model is calibrated for Australia under a small open economy assumption such that the optimal solution mimics important cross-sectional and time-series fundamentals of the Australian economy. For the non-steady-state, intergenerational accounting suggests that the empirically plausible intergenerational transfers are strong enough to offset most of the tax burden (80–90%) when measured as a percentage of simple labour income and up to one-quarter of the burden when fiscal burden is measured as a percentage of full income.","PeriodicalId":175023,"journal":{"name":"ERN: Intertemporal Consumer Choice; Life Cycle Models & Savings (Topic)","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2010-02-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"125843655","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 2

A Micro View on Home Equity Withdrawal and Its Determinants Evidence from Dutch Households 荷兰家庭房屋净值退出的微观视角及其决定因素证据

ERN: Intertemporal Consumer Choice; Life Cycle Models & Savings (Topic) Pub Date : 2010-01-28 DOI: 10.2139/ssrn.1550026

Andrea Ebner

引用次数: 25

Real Savings Plus: An Automatic Investment Option for the Automatic IRA Real Savings Plus:自动IRA的自动投资选项

ERN: Intertemporal Consumer Choice; Life Cycle Models & Savings (Topic) Pub Date : 2009-12-12 DOI: 10.2139/SSRN.1522627

Lewis Mandell, P. Perun, Lisa Mensah, Raymond O'Mara III

{"title":"Real Savings Plus: An Automatic Investment Option for the Automatic IRA","authors":"Lewis Mandell, P. Perun, Lisa Mensah, Raymond O'Mara III","doi":"10.2139/SSRN.1522627","DOIUrl":"https://doi.org/10.2139/SSRN.1522627","url":null,"abstract":"The Obama administration has proposed bold new policies to expand retirement savings. Through a program of Automatic IRAs, the approximately 78 million, largely lower-income, American workers not currently covered by a plan at work would be able to save through automatic individual retirement accounts. The Administration also plans to simplify and expand the Saver’s Credit to give eligible lower-income savers a 50 per cent “match” on contributions of up to $1,000 to qualified retirement accounts. Together, these proposals promise to enhance the retirement security of millions of Americans. They provide both the savings vehicle and the savings incentive to enable more low- and moderate-income households to arrive at retirement with significant financial assets to supplement Social Security. In this paper, the Initiative on Financial Security at the Aspen Institute proposes an investment option for the Automatic IRA: Real Savings (RS). RS combines two widely traded and highly liquid assets – Treasury Inflation Protected Securities (TIPS) and a broad-based equity market index – to provide savers with a personalized, automatic target date investment option. RS ensures the preservation of the purchasing power of contributions while at the same time offering the significant – and important – upside potential of market participation. RS thus provides low- and moderate-income savers with the opportunity for both growth and safety for their savings. Through an automatic, inexpensive blend of TIPS and the market index, RS protects all savers from the three most likely risks to retirement income – inflation, default by the bond issuer, and falling stock prices. By design, RS fully protects every dollar saved against economic cycles, market declines and loss of purchasing power.","PeriodicalId":175023,"journal":{"name":"ERN: Intertemporal Consumer Choice; Life Cycle Models & Savings (Topic)","volume":"16 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2009-12-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129589163","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 2

The Estimation of Pensioner Equivalence Scales Using Subjective Data 用主观数据估计养老金领取者等值量表

ERN: Intertemporal Consumer Choice; Life Cycle Models & Savings (Topic) Pub Date : 2009-11-17 DOI: 10.1111/j.1475-4991.2009.00352.x

M. Stewart

引用次数: 22

Savings for Unemployment in Good or Bad Times: Options for Developing Countries 为失业储蓄是好是坏:发展中国家的选择

ERN: Intertemporal Consumer Choice; Life Cycle Models & Savings (Topic) Pub Date : 2009-11-09 DOI: 10.2139/ssrn.1501932

D. Robalino, Milan Vodopivec, A. Bodor

{"title":"Savings for Unemployment in Good or Bad Times: Options for Developing Countries","authors":"D. Robalino, Milan Vodopivec, A. Bodor","doi":"10.2139/ssrn.1501932","DOIUrl":"https://doi.org/10.2139/ssrn.1501932","url":null,"abstract":"The paper describes and evaluates unemployment insurance savings accounts (UISAs) – a relatively new and not well-known way of providing unemployment benefits. The UISAs reduce work disincentives by allowing recipients to keep their own unused unemployment contributions, and offer the possibility to extend coverage to informal sector workers. In addition, if integrated with mandatory pension systems (and even social pensions), UISAs can be rapidly deployed and at a low cost, thus becoming a realistic tool to protect workers from the effects of the financial crisis. Even during normal times, the integration with the pension system – and social security in general – would give more flexibility to individuals in the management of short and long term savings (i.e., pension wealth) while avoiding unnecessary administrative costs. The paper discusses issues related to incentives, redistribution, and viability, and outlines a policy framework for design and implementation. It argues that the UISAs system is especially attractive for developing countries, where the \"self-policing\" nature of the system is particularly important given a much larger informal sector and weaker administrative capacity in comparison to developed countries.","PeriodicalId":175023,"journal":{"name":"ERN: Intertemporal Consumer Choice; Life Cycle Models & Savings (Topic)","volume":"41 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2009-11-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"130381934","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 34

Retirement Arrangements of the Self-Employed 自雇人士的退休安排

ERN: Intertemporal Consumer Choice; Life Cycle Models & Savings (Topic) Pub Date : 2009-10-13 DOI: 10.2139/SSRN.1488418

David Joulfaian

引用次数: 1