scholarly journals The Life-Cycle Effects of Pension Reforms: A Structural Approach

2020 ◽  
Author(s):  
Claudio Daminato ◽  
Mario Padula
2018 ◽  
Vol 18 (1) ◽  
pp. 1-30 ◽  
Author(s):  
ELSA FORNERO ◽  
ANNA LO PRETE

AbstractThis study documents that the electoral cost of major pension reforms is lower in countries where the level of financial literacy is higher. The evidence from data on legislative elections held between 1990 and 2010 in 21 advanced countries is robust when we control for macroeconomic, demographic, and political conditions. Interestingly, these findings are not robust when we use less specific indicators of human capital as general schooling, supporting the view that knowledge of basic economic and financial concepts has distinctive features that may help reduce the electoral cost of reforms having a relevant impact on the life cycle of individuals.


2014 ◽  
Vol 33 ◽  
pp. 115-122 ◽  
Author(s):  
Costas Panagopoulos ◽  
Marisa A. Abrajano

2011 ◽  
Vol 46 (2) ◽  
pp. 1128-1135 ◽  
Author(s):  
Julia Fabrega ◽  
Ratna Tantra ◽  
Aisha Amer ◽  
Bjorn Stolpe ◽  
Jordan Tomkins ◽  
...  

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