We present a recently developed experimental method to estimate individuals’ time and risk preferences and test it for its suitability in the pension context.

We study the displacement effect of mandatory occupational pension saving on private household wealth in the Netherlands, separately for wage-employed and self-employed. We use rich administrative data on (pension) wealth and income and apply a range of identification strategies, from IV regressions to propensity score matching and difference-in-differences analyses, to determine the displacement effects.To the best of our knowledge, for the first time, we merge pension funds balance sheet data to the micro data of their members.

This paper estimates the causal effect of income on health outcomes of the elderly and investigates underlying mechanisms by exploiting an income change induced by the launch of China's New Rural Pension scheme (NRPS). Using this policy experiment, we address the endogeneity of pension income by applying a fixed-effect model with instrumental variable correction.

Tidligere forhåpninger om at regjeringen Solberg ville hindre ytterligere nedgang i alderspensjonistenes realinntekt ble lagt død av regjeringen selv i god tid før trygdedrøftingene startet. Regjeringen har prioritert de store pengene på Frps hjertesak å øke grunnpensjonen til gifte og samboende pensjonister. Stortinget har fulgt opp med å øke minstepensjonene og på den måten signalisere at de ikke tror på sin egen pensjonsreform. Dermed er det ikke rom for å gi noe ekstra som også treffer de enslige alderspensjonistene.

As the population ages, low and unequal social security coverage are among the most pressing challenges in the Latin American region. On average, only 45% of workers contribute to social security, and this figure is much lower for low-income and low-skilled individuals. There are many hypotheses for this limited and uneven coverage.

Today's pay-as-you-go social security systems are put under pressure by increasing life expectancy, the baby boomer generation entering retirement, and an early eective retirement age. In developed countries, many employees retire before reaching the full retirement age. Conducting a large online experiment, we relate the retirement timing decision to the disparity between the willingness-to-accept (WTA) and the willingness-to-pay (WTP).

In this study we investigate the future development of the so-called pension gap. First, we simulate the pension gap and the filling of this gap under different assumptions for the so-called “standard pensioner”. Second, we examine the savings behavior of German households and the individual possibilities to close the pension gap.

In order to study whether public pension systems displace private saving, we use the quasi-experimental variation in pension wealth created by Poland's 1999 pension reform. Using the 1997–2003 Polish Household Budget Surveys, we begin by estimating "difference-in-differences" regressions, where we compare household saving and expenditure across time and between cohorts affected and unaffected by the reform.

The 26th wave of the Retirement Confidence Survey (RCS), the longest-running survey of its kind in the nation, finds that American workers’ confidence in their ability to afford a comfortable retirement has maintained its increase after the record lows experienced between 2009 and 2013. However, retiree confidence in their ability to afford a comfortable retirement continued to increase in 2016.

Pension policy reforms across the world in recent decades are a reaction to the changing demographic and socioeconomic environment. While pension scheme redesign has received much attention, the tax treatment of contributions, returns, and benefits of retirement savings remains mostly unattended and the taxation of internationally portable pensions is terra incognita for economists.

The National Retirement Risk Index (NRRI) measures the percentage of working-age households that are at risk of being unable to maintain their pre-retirement standard of living in retirement. It addresses one of the most compelling challenges facing the nation today: ensuring retirement security for an aging population.