Artikler som begynner med D

Dennis Fredriksen

fredag, 01 mars 2013

Does Retirement Age Impact Mortality?

01 februar 2013
  • This paper studies the relationship between retirement and mortality, using a unique administrative data set covering the full population of Norway. We make use of a series of retirement policy changes in Norway, which reduced the retirement age for a group of workers but not for others.

Defined Benefit Pension Schemes: A Welfare Analysis of Risk Sharing and Labour Market Distortions

23 januar 2013
  • This paper addresses two policy questions with respect to public defined benefit (DB) pension schemes: Firstly, does a funded DB pension scheme increase welfare? In other words: do the gains from intergenerational sharing of capital market risks outweigh the labour market distortions from pension schemes? Secondly, how large is the commitment problem of pension funds after an adverse capital market shock?

Designing the pension system: Conceptual framework

04 januar 2013
  • Countries exhibit considerable variety in the design of pension systems. Apparently, the pension system can be organized in many alternative ways, with alternative allocations of the functions of the pension system to different institutions or ‘pillars’ in the system.

Does Declining Health Affect the Responsiveness of Retirement Decisions to Financial Incentives?

07 desember 2012
  • Both the impacts of financial incentives and health on transitions into retirement and inactivity by older workers have been studied extensively in a variety of contexts but far less is known about their interaction.

Diminishing the Pension Gap From Insight to Action

08 november 2012
  • Pension is a complex product. It is a long term investment good, which faces much uncertainty, learning-by-doing is limited and insight in the broader picture of personal finance is required to save optimally. On top of the complexity of the product, human irrationality and illiteracy decrease the chance of spreading consumption optimally.

Does Retirement Age Impact Mortality?

26 september 2012
  • Is there a causal link, positive or negative, from retirement age to mortality? Leaving employment may involve reduced stress and greater enjoyment of life, suggesting that early retirement enhances longevity. However, it may also lead to reduced mental and physical activity, loss of social networks, and health-adverse habits, suggesting that later retirement may extend expected lifespan.

Diminishing the Pension Gap From Insight to Action

20 september 2012
  • Pension is a complex product. It is a long term investment good, which faces much uncertainty, learning-by-doing is limited and insight in the broader picture of personal finance is required to save optimally.

Decomposing Notional Defined-Contribution Pensions

05 september 2012
  • This paper compares notional defined-contribution pension schemes (also known as notional accounts) with two alternative designs of earnings-related pension schemes: points systems and definedbenefit plans.

Disability costs and equivalence scales in the older population

01 august 2012
  • Disabled people face higher costs of living than do non-disabled people. These additional costs include the cost of adapting the home, overcoming the difficulties of getting about, and acquiring assistance with everyday tasks that non-disabled people can do unaided.

Does Delay Cause Decay? The Effect of Administrative Decision Time on the Labor Force Participation and Earnings of Disability Applicants

25 mai 2012
  • An influential body of research studies the labor supply and earnings of denied Social Security
    Disability Insurance (SSDI) applicants to estimate the potential employment and earnings of
    those awarded benefits. This research design implicitly treats employability as a stable applicant
    attribute that is not directly impacted by the process of applying for SSDI benefits. If, plausibly,
    applicants’ employment potential deteriorates while they are out of the labor force, then the labor
    force participation of denied applicants -- who spend an average of 10 months seeking benefits may understate their employment potential at the time of application.

Defined-Contribution (DC) Arrangements in Anglo- Saxon Countries

09 mars 2012
  • This paper provides a comparative analysis of defined contribution (DC) pension systems in Australia, Ireland, the United Kingdom and the United States. There are considerable similarities in the systems which have evolved out of employer sponsored trust-based defined benefit (DB) systems and have expanded at different rates as DB has declined.