Add wos sample results library
This commit is contained in:
parent
6305e61d1f
commit
19e409ad85
2173 changed files with 235628 additions and 20 deletions
|
|
@ -0,0 +1,80 @@
|
|||
abstract: 'We study the effects of pension reform on hours worked, human capital,
|
||||
|
||||
income and welfare in an open economy populated by four overlapping
|
||||
|
||||
generations: three active generations (the young, the middle aged and
|
||||
|
||||
the older) and one generation of retired. Within each generation we
|
||||
|
||||
distinguish individuals with high, medium or low ability to build human
|
||||
|
||||
capital. Our simulation results prefer a pay-as-you-go pension system
|
||||
|
||||
with a particular earnings-related linkage above a fully-funded private
|
||||
|
||||
system. This pay-as-you-go system conditions pension benefits on past
|
||||
|
||||
individual labor income, with a high weight on labor income earned when
|
||||
|
||||
older and a low weight on labor income earned when young. Uncorrected,
|
||||
|
||||
however, such a system implies welfare losses for current low-ability
|
||||
|
||||
generations and rising inequality. Complementing or replacing it by
|
||||
|
||||
basic and/or minimum pension components is negative for aggregate
|
||||
|
||||
employment and welfare. Better is to maintain the tight link between
|
||||
|
||||
individual labor income and the pension also for low-ability
|
||||
|
||||
individuals, but to strongly raise their replacement rate. An additional
|
||||
|
||||
correction improving the welfare of low-ability individuals would be to
|
||||
|
||||
maintain for these individuals equal weights on past labor income.'
|
||||
affiliation: 'Buyse, T (Corresponding Author), Univ Ghent, SHERPPA, B-9000 Ghent,
|
||||
Belgium.
|
||||
|
||||
Buyse, Tim; Heylen, Freddy; Van de Kerckhove, Renaat, Univ Ghent, SHERPPA, B-9000
|
||||
Ghent, Belgium.
|
||||
|
||||
Res Fdn Flanders FWO, Brussels, Belgium.'
|
||||
author: Buyse, Tim and Heylen, Freddy and Van de Kerckhove, Renaat
|
||||
author-email: 'Tim.Buyse@UGent.Be
|
||||
|
||||
Freddy.Heylen@UGent.Be'
|
||||
author_list:
|
||||
- family: Buyse
|
||||
given: Tim
|
||||
- family: Heylen
|
||||
given: Freddy
|
||||
- family: Van de Kerckhove
|
||||
given: Renaat
|
||||
da: '2023-09-28'
|
||||
doi: 10.1017/S1474747215000281
|
||||
eissn: 1475-3022
|
||||
files: []
|
||||
issn: 1474-7472
|
||||
journal: JOURNAL OF PENSION ECONOMICS \& FINANCE
|
||||
keywords: 'Employment by age; retirement; pension reform; heterogeneous abilities;
|
||||
|
||||
overlapping generations'
|
||||
keywords-plus: SOCIAL-SECURITY; GROWTH; INEQUALITY; POLICY; DECISIONS
|
||||
language: English
|
||||
month: APR
|
||||
number: '2'
|
||||
number-of-cited-references: '41'
|
||||
orcid-numbers: Buyse, Tim/0000-0002-4769-5888
|
||||
pages: 144-172
|
||||
papis_id: 5a32f099f6cc0010a56164bfedb0a6a3
|
||||
ref: Buyse2017pensionreform
|
||||
times-cited: '9'
|
||||
title: Pension reform in an OLG model with heterogeneous abilities
|
||||
type: Article
|
||||
unique-id: WOS:000396831900002
|
||||
usage-count-last-180-days: '5'
|
||||
usage-count-since-2013: '58'
|
||||
volume: '16'
|
||||
web-of-science-categories: Business, Finance; Economics
|
||||
year: '2017'
|
||||
Loading…
Add table
Add a link
Reference in a new issue