Evaluating alternative approaches for predicting pension benefits and incentives

2019 ◽  
pp. 1-14
Author(s):  
David Knapp ◽  
Maciej Lis ◽  
Jinkook Lee ◽  
Drystan Phillips
Keyword(s):  
Administrative Data ◽  
Past Research ◽  
Pension Benefit ◽  
Work History ◽  
Earnings Dynamics ◽  
Retirement Incentives ◽  
Alternative Approaches ◽  
Pension Benefits ◽  
Global Aging ◽  
Cross National

AbstractIn an effort to promote comparative research on pensions, the Gateway to Global Aging Data is developing harmonized cross-national panel data on pension benefits and retirement incentives. Past research has varied in how it predicts pension benefits for individuals who have not yet claimed their benefits when administrative data on earnings histories is unavailable. We use the Gateway data to evaluate several alternative approaches to computing prospective pension benefits using common survey questions and validate them against matched administrative data. We find that in some settings naïve measures of pension benefit growth from continued work and delayed benefit claiming can perform as well as measures based on administrative data. We also find that prospective benefit levels are sensitive to the heterogeneity of lifecycle earnings dynamics, resulting in substantial measurement error even after accounting for work history.

scholarly journals Conventional and unconventional participation in Latin America: a hierarchical latent class approach

2020 ◽  
pp. 1-11
Author(s):  
R. Michael Alvarez ◽  
Gabriel Katz ◽  
Ines Levin ◽  
Lucas Núñez
Keyword(s):  
Latin American ◽  
Latent Class ◽  
Latent Class Model ◽  
Political Engagement ◽  
Past Research ◽  
Crime Victimization ◽  
Study Participation ◽  
Class Model ◽  
Alternative Approaches ◽  
Cross Country

Abstract Building on past research, we implement a hierarchical latent class model to analyze political participation from a comparative perspective. Our methodology allows simultaneously: (i) estimating citizens’ propensity to engage in conventional and unconventional modes of participation; (ii) classifying individuals into underlying “types” capturing within- and cross-country variations in participation; and (iii) assessing how this classification varies with micro- and macro-level factors. We apply our model to Latin American survey data. We show that our method outperforms alternative approaches used to study participation and derive typologies of political engagement. Substantively, we find that the distribution of participatory types is similar throughout the continent, and that it correlates strongly with respondents’ socio-demographic characteristics and crime victimization.

Affordability of public pension benefit: a historical and empirical analysis of US state and local government pension contributions

2015 ◽  
Vol 16 (1) ◽  
pp. 21-42 ◽  
Author(s):  
JUN PENG ◽  
QIUSHI WANG
Keyword(s):  
Empirical Analysis ◽  
Historical Analysis ◽  
State Level ◽  
Public Pension ◽  
Pension Benefit ◽  
Investment Performance ◽  
State And Local ◽  
Public Workforce ◽  
Pension Contribution ◽  
Pension Benefits

AbstractAs a result of the two severe stock market declines since 2000, there has been a steady debate about the affordability of state and local public pension benefits. We measured the affordability of pension benefits in terms of governments’ ability to make the required contributions based on existing tax and revenue bases. We conducted a historical analysis of government pension contributions at national and state level over a 20-year period 1992–2011 and found that the real pension burdens have increased over this period. We also found substantial variation in pension burdens among the 50 states. The results of our empirical analysis showed that employee contribution share, investment return, size of the public workforce, and pension benefit level had significant effects on pension burdens. Based on these findings, we proposed several strategies for reducing pension burdens, including increasing employee pension contribution, reducing size of workforce, and improving pension investment performance.

scholarly journals The Analysis of Application Income Tax Article 21 for Business Subject to Final Income Tax at CV RPT

2020 ◽  
Vol 3 (2) ◽  
pp. 97-103
Author(s):  
N M S Ambarawati ◽  
◽  
W H Utthavi ◽  
L M Wahyuni ◽  
◽  
...  
Keyword(s):  
Income Tax ◽  
Descriptive Analysis ◽  
Secondary Data ◽  
Pension Benefit ◽  
Quantitative Descriptive Analysis ◽  
Permanent Employees ◽  
Quantitative Descriptive ◽  
Administrative Sanctions ◽  
Pension Benefits ◽  
A Company

This research aims to analyze and determine 1) The application of income tax article 21 on business subject to final income tax at CV RPT, 2) The potential for underpayment of article 21 income tax after calculating according to applicable tax regulations. CV RPT is a company engaged in the construction service business. For taxpayers who are subject to final income tax, benefit in kind given to employees is the object of income tax article 21. The data used in this research are secondary data obtained through observation and documentation. This research uses a quantitative descriptive analysis. Based on the results of the research, there is a potential for underpayment of income tax article 21 on CV RPT, amounting to Rp9.212.540 for permanent employees and Rp2.750.000 for final income tax article 21 on pension benefits. Besides, it also resulted in the potential for the imposition of administrative sanctions in the form of interest due to the still unfulfilled income tax article 21 obligation, namely Rp1.289.756 for underpayment of article 21 income tax for permanent employees and Rp385.000 for final income tax article 21 on pension benefit.

Merger and Acquisition and Firm Performance: An Analysis of Proton-Geely

2020 ◽  
Vol 7 (8) ◽  
pp. 484-505
Author(s):  
Edna Gnomblerou
Keyword(s):  
Qualitative Research ◽  
Financial Performance ◽  
Single Case ◽  
Past Research ◽  
Merger And Acquisition ◽  
Limited Information ◽  
Case Study Analysis ◽  
Before And After ◽  
Cross National

This study draws attention to a merger and acquisition case that involves Geely and Proton respectively, Chinese and Malaysian firms. The article mainly focuses on the financial performance of Geely before and after the acquisition. To achieve this, the paper adopted a qualitative research method by using archival data sources to analyze the single case of the acquisition of Proton by Geely. The sampling area is Asia being China and Malaysia describing a cross-border transaction in emerging markets. The paper performed ratio analysis to investigate the different indicators of Geely’s financial performance before and after the acquisition. After documenting and analyzing this case, the paper argues that Geely performed well before and after the acquisition. The analysis can serve as evidence of a better financial performance of Chinese firms after cross-national M&A transactions. As a qualitative research, this article benefits not only from the bibliometric analysis done through past research and official reports related to the case but also from the quality and validity required for a case study analysis. This study is an original attempt at presenting the case study of Geely’s acquisition of Proton from the lens of the acquiring firm’s performance before and after the acquisition. However, due to the limited information provided by financial ratios, the findings of the paper are not exhaustive.

Long-Run Earnings Inequality and Earnings Instability among Canadian Men Revisited, 1985-2005

2010 ◽  
Vol 10 (1) ◽  
Author(s):  
Yuri Ostrovsky
Keyword(s):  
Recent Literature ◽  
Components Of Variance ◽  
Earnings Dynamics ◽  
Administrative Dataset ◽  
Long Run ◽  
Earnings Instability ◽  
Alternative Approaches ◽  
Censored Observations ◽  
Flexible Models ◽  
Recession Period

Abstract I consider two flexible models of earnings dynamics suggested in the recent literature and alternative approaches to the treatment of left-censored observations to examine trends in the permanent and transitory variances of earnings of Canadian male workers from 1985 to 2005. I find that both permanent and transitory variances were higher in the 2000s than in the late 1980s or 1990s. In contrast to the late 1980s and the recession period of the early 1990s, both components of variance grew at a similar pace during the post-recession period, and the share of each component in the total variance remained fairly stable. The results are robust to the choice of a model. The study is based on a large sample from a uniquely rich longitudinal administrative dataset.

New Tasks of the Insurance Guarantee Fund Imposed by the Act on the Special Rights of Injured Persons in the Event of Exhaustion of the Guarantee Sum

2020 ◽  
Vol 1 (102) ◽  
pp. 48-61
Author(s):  
Iwona Kaja ◽  
Anna Wawrzeniecka ◽  
Zdzisława Cwalińska - Weychert
Keyword(s):  
Present Article ◽  
Motor Vehicles ◽  
Pension Benefit ◽  
Insurance Contracts ◽  
Judicial Decisions ◽  
Depth Analysis ◽  
The Law ◽  
Pension Benefits ◽  
Special Rights ◽  
Made In

The present article discusses the genesis and development of the law introducing a new special pension benefit for the victims after the guarantee amount has been exhausted in the insurance contracts against liability of the users of motor vehicles and liability of farmers, under which the victims have received their pension benefits so far. Moreover, the new tasks of the Insurance Guarantee Fund defined by this act have been presented. In addition, an in-depth analysis of the new regulation has been carried out, examining both the circle of persons entitled to apply for new benefits and the conditions to be met while making claims, as well as the rules for their consideration by the Insurance Guarantee Fund and the extent of the newly constituted special benefits to which the victims are entitled. The article also examines the correlations between the new law and the existing legislation regulating the principles, mode and form of claims settlement by insurers under motor or farmers’ liability contracts. The favourable trend has been taken into account of the Supreme Court's judicial decisions towards the victims, when considering claims made in connection with the depletion or complete exhaustion of the guarantee sum. Finally, the last part of the article is devoted to the conclusions resulting from the IGF's experience in handling claims for special benefits in cases submitted to the Fund by insurance undertakings in the first months since the adoption of a new regulation. The gained experience has led to several comments and proposals for insurers, being the main partners of victims while lodging claims with the Fund.

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