scholarly journals Pension Coverage, Retirement Status, and Earnings Replacement Rates Among a Cohort of Canadian Seniors

2009 ◽  
Author(s):  
Yuri Ostrovsky ◽  
Grant Schellenberg
Keyword(s):  
Pension Coverage ◽  
Retirement Status

Pension coverage extension as social innovation in Zambia: Informal economy workers’ perceptions and needs

2021 ◽  
Vol 74 (2) ◽  
pp. 29-53
Author(s):  
Jairous Joseph Miti ◽  
Mikko Perkiö ◽  
Anna Metteri ◽  
Salla Atkins
Keyword(s):  
Informal Economy ◽  
Social Innovation ◽  
Pension Coverage ◽  
Coverage Extension

scholarly journals Income Status and Life Satisfaction

2021 ◽  
Author(s):  
Felix R. FitzRoy ◽  
Michael A. Nolan
Keyword(s):  
Life Satisfaction ◽  
Household Income ◽  
Statistical Significance ◽  
Panel Survey ◽  
Explanatory Variables ◽  
Income Status ◽  
Two Measures ◽  
Reference Income ◽  
Relative Form ◽  
Retirement Status

AbstractThe importance of both income rank and relative income, as indicators of status, has long been recognised in the literature on life satisfaction and happiness. Recently, several authors have made explicit comparisons of the relative importance of these two measures of income status, and concluded that rank dominates to the extent that reference income becomes insignificant in regressions including both these explanatory variables, and that even absolute or household income, otherwise always positively related to happiness, may lose statistical significance. Here we test this hypothesis with a large UK panel (British Household Panel Survey and Understanding Society) for 1996–2017, split by age and retirement status, and find, contrary to previous results, that rank, household income and reference income are all usually important explanatory variables, but with significant differences between subgroups. This finding holds when rank is in its often-used relative form, and also with absolute rank.

scholarly journals Searching For Better Prospects: Endogenizing Falling Job Tenure and Private Pension Coverage

2006 ◽  
Vol 6 (1) ◽  
Author(s):  
Leora Friedberg ◽  
Michael T Owyang ◽  
Tara M Sinclair
Keyword(s):  
Job Search ◽  
Search Costs ◽  
Private Pension ◽  
Search Model ◽  
Defined Benefit ◽  
Job Tenure ◽  
Relative Wages ◽  
Pension Coverage ◽  
New Evidence ◽  
General Conditions

Abstract Recent declines in job tenure have coincided with a shift away from traditional defined benefit (DB) pensions, which reward long tenure. New evidence also points to an increase in job-to-job movements by workers, and we document gains in relative wages of job-to-job movers over a similar period. We develop a search model in which firms may offer tenure-based contracts like DB pensions to reduce the incidence of costly on-the-job search by workers. Either reduced search costs or an increase in the probability of job matches can, under fairly general conditions, lower the value of deterring search and the use of DB pensions.

How partisan politics influence government policies in response to ageing populations

2022 ◽  
Author(s):  
Yesola Kweon ◽  
Kohei Suzuki
Keyword(s):  
Life Course ◽  
Public Expenditure ◽  
Policy Instruments ◽  
Government Policies ◽  
Partisan Politics ◽  
Right Wing ◽  
Elderly Populations ◽  
Pension Coverage ◽  
Political Incentive ◽  
Ageing Populations

Since old-age programmes mitigate life-course risks that are relevant to individuals across socio-economic groups in ageing societies, all parties have a political incentive to support these initiatives. Nevertheless, pre-existing partisan commitments bind the policy instruments that parties use. Cabinet-level analyses of OECD economies demonstrate that left incumbency relies more on public expenditure than right-wing governments. What is more important is that, in the context of large elderly populations, pension coverage is greater under right-leaning governments, while pension replacement rates are higher in left-leaning governments. This shows that party behaviour related to life course-related policies cannot be explained by the conventional pro-expansion versus the pro-retrenchment partisan politics. Rather, a focus on partisan variation in the use of policy instruments is required.

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