| dc.creator |
Disney, Richard |
|
| dc.date |
2005 |
|
| dc.date.accessioned |
2013-10-16T07:02:22Z |
|
| dc.date.available |
2013-10-16T07:02:22Z |
|
| dc.date.issued |
2013-10-16 |
|
| dc.identifier |
http://hdl.handle.net/10419/19005 |
|
| dc.identifier |
ppn:500854327 |
|
| dc.identifier.uri |
http://koha.mediu.edu.my:8181/xmlui/handle/10419/19005 |
|
| dc.description |
I argue that the offsetting effect of social security contributions on household retirement saving depends on how closely the social security programme imitates a private retirement saving plan (i.e. the ?actuarial? component of the social security programme) – the closer the design of the programme to a private retirement saving plan, the higher the offset. I estimate the determinants of household saving rates in a cross-country panel, augmenting standard measures of social security programme generosity and cost by indicators that proxy the actuarial component of the programme. These indicators affect saving rates as predicted; moreover they also affect labour force participation rates of older women (but not men). The findings are consistent with the view that more actuarially-based public programmes are treated by participants as a mandatory saving programme rather than as a tax-and-transfer system, thereby raising labour force participation rates but also increasing the programme?s substitutability for private retirement saving. |
|
| dc.language |
eng |
|
| dc.publisher |
|
|
| dc.relation |
CESifo working papers 1541 |
|
| dc.rights |
http://www.econstor.eu/dspace/Nutzungsbedingungen |
|
| dc.subject |
E21 |
|
| dc.subject |
H24 |
|
| dc.subject |
G23 |
|
| dc.subject |
ddc:330 |
|
| dc.subject |
social security reform |
|
| dc.subject |
household saving |
|
| dc.subject |
Soziale Sicherung |
|
| dc.subject |
Sparen |
|
| dc.subject |
Private Rentenversicherung |
|
| dc.subject |
Gesetzliche Rentenversicherung |
|
| dc.subject |
Crowding out |
|
| dc.subject |
Schätzung |
|
| dc.subject |
OECD-Staaten |
|
| dc.title |
Household saving rates and the design of social security programmes : evidence from a country panel |
|
| dc.type |
doc-type:workingPaper |
|