Results 221 to 230 of about 8,297 (255)
Some of the next articles are maybe not open access.
Pension Contributions and Capital Accumulation
2007In recent times, much attention has been given to the long-run macroeconomic and intergenerational redistribution effects of public pension reform. It is well recognized that the pay-as-you-go system is not attractive when the rate of population growth is declining in an ageing society. However, the movement from pay-as-you-go financing to full funding
openaire +1 more source
Allocating Shareholder Capital to Pension Plans
Journal of Applied Corporate Finance, 2006This article discusses the corporate challenge of providing retirement income to employees while limiting the costs and risks of pension plans to the companies themselves by addressing five main questions: What are the major issues and challenges surrounding pensions?
openaire +2 more sources
The Impact of Human Capital Investments on Pension Benefits
Journal of Labor Economics, 1996This article develops a model, with deferred compensation and severance pay, that predicts that workers bear all the costs and receive all the returns of human capital investments and that specific investments yield higher returns than general investments.
openaire +1 more source
Pension Funding and Capital Market Development
SSRN Electronic Journal, 2010This paper provides evidence that a country’s pension system is an important determinant for the development of its capital markets. Employing a unique event list of 87 pension funding reforms in 57 countries between 1976 and 2007, we find that pension funding reforms lead to larger stock and corporate bond markets relative to the time before the ...
Jörg Rocholl, Taro Niggemann
openaire +1 more source
Migration and pension with international capital mobility
Journal of Public Economics, 1999Abstract Being relatively low earners, migrants are net beneficiaries of the welfare state. Therefore, in a static set-up, migration may be resisted by the entire native-born population. However, it is shown that in a dynamic set-up, with a pension system (which is an important pillar of any welfare state) migration is beneficial to all income (high ...
Assaf Razin, Efraim Sadka
openaire +1 more source
Pensions: Corporate Finance and Capital Markets
2006Because a significant portion of corporate financing is implicitly handled through pension vehicles, pensions are a quite important part of corporate finance and corporate financial policy. Yet many aspects of the interaction between pensions and corporate finance are imperfectly understood at both the theoretical and empirical level.
J. Michael Orszag, Neha Sand
openaire +1 more source
Aging, Pension Reform, and Capital Flows: [PDF]
, 2004 We present a quantitative analysis of the effects of population aging and pension reform on international capital markets. First, demographic change alters the time path of aggregate savings within each country. Second, this process may be amplified when a pension reform shifts old-age provision towards more pre-funding.
Börsch-Supan, Axel +2 more
openaire
Later pensions, lower social capital?
2022Increases in working at older ages, linked to later ages at which public pensions are paid, have been shown to adversely affect individuals' physical and mental health and to reduce overall wellbeing. This study shows that later retirement also reduces social capital, affecting volunteering and caring activities.
Alessandro Cusimano +2 more
openaire +1 more source
Pension reform with migration and mobile capital
International Economics and Economic Policy, 2013This paper shows that in a two-country two-overlapping-generations model with migration, capital mobility and an immobile production factor (land), a locally welfare-improving pension reform at the cost of the neighboring country is possible if land plays a minor role in production.
Fedotenkov, I., Meijdam, A.C.
openaire +1 more source