This file is part of IDEAS , which uses RePEc data
[ Papers |
Articles |
Software |
Books |
Chapters |
Authors |
Institutions |
JEL Classification |
NEP reports |
Search |
New papers by email |
Author registration |
Rankings |
Volunteers |
FAQ |
Blog |
Help! ]
Should Old-age Benefits Be Earnings-tested Author info | Abstract | Publisher info | Download info | Related research | Statistics Niku Määttänen
Panu Poutvaara
Additional information is available for the following
registered author(s):
ABSTRACT : We study the welfare effects of earnings testing flat-rate old-age benefits in a quantitative overlapping generations model with idiosyncratic labor income risk. In our model economy, even a moderate earnings testing reduces individuals´ expected lifetime utility. Moreover, it also lowers the realized lifetime utilities of those at the bottom of the lifetime utility distribution.
To download:
If you experience problems downloading a file, check if you have the
proper application to
view it first. Information about this may be contained
in the File-Format links below. In case of further problems read
the IDEAS help
file . Note that these files are not on the IDEAS
site. Please be patient as the files may be large.
Paper provided by The Research Institute of the Finnish Economy in its series Discussion Papers with number
1062.
Download reference. The following formats are available: HTML ,
plain text ,
BibTeX ,
RIS (EndNote),
ReDIF
Length: 28 pages
Date of creation: 18 Dec 2006Date of revision:
Handle: RePEc:rif:dpaper:1062Contact details of provider: Postal: L�nnrotinkatu 4 B, FIN-00120 HELSINKI Phone: +358 (0)9 609 900 Fax: +358 (0)9 601 753 Web page: http://www.etla.fi/ More information through EDIRC
Order Information: Email:
For technical questions regarding this item, or to correct its listing, contact: (Kaija Hyvönen-Rajecki).
Keywords: social security retirement means-testing computational models Other versions of this item:
Find related papers by JEL classification: H55 - Public Economics - - National Government Expenditures and Related Policies - - - Social Security and Public Pensions J26 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Retirement; Retirement Policies C68 - Mathematical and Quantitative Methods - - Mathematical Methods and Programming - - - Computable General Equilibrium Models
This paper has been announced in the following NEP Reports :
References listed on IDEAS Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile , click on "citations" and make appropriate adjustments.: John Rust & Christopher Phelan, 1997.
"How Social Security and Medicare Affect Retirement Behavior in a World of Incomplete Markets ,"
Econometrica ,
Econometric Society, vol. 65(4), pages 781-832, July.
Other versions: John C. Harsanyi, 1953.
"Cardinal Utility in Welfare Economics and in the Theory of Risk-taking ,"
Journal of Political Economy ,
University of Chicago Press, vol. 61, pages 434.
[Downloadable!] (restricted)
Alexander Michaelides & Francisco Gomes, 2004.
"Aggregate Implications of Defined Benefit and Defined Contribution Systems ,"
2004 Meeting Papers
335, Society for Economic Dynamics.
Other versions: Mikhail Golosov & Aleh Tsyvinski, 2003.
"Designing Optimal Disability Insurance ,"
Levine's Bibliography
506439000000000217, UCLA Department of Economics.
[Downloadable!]
Other versions: Alan L. Gustman & Thomas L. Steinmeier, 1986.
"A Structural Retirement Model ,"
NBER Working Papers
1237, National Bureau of Economic Research, Inc.
[Downloadable!] (restricted)
Mikhail Golosov & Aleh Tsyvinski, 2005.
"Designing Optimal Disability Insurance: A Case for Asset Testing ,"
Levine's Bibliography
784828000000000450, UCLA Department of Economics.
[Downloadable!]
Other versions:
Mikhail Golosov & Aleh Tsyvinski, 2004.
"Designing Optimal Disability Insurance: A Case for Asset Testing ,"
NBER Working Papers
10792, National Bureau of Economic Research, Inc.
[Downloadable!] (restricted) Mikhail Golosov & Aleh Tsyvinski, 2006.
"Designing Optimal Disability Insurance: A Case for Asset Testing ,"
Journal of Political Economy ,
University of Chicago Press, vol. 114(2), pages 257-279, April.
[Downloadable!] (restricted) Gustman, Alan L & Steinmeier, Thomas L, 1986.
"A Structural Retirement Model ,"
Econometrica ,
Econometric Society, vol. 54(3), pages 555-84, May.
[Downloadable!] (restricted)
Diamond, P. A. & Mirrlees, J. A., 1978.
"A model of social insurance with variable retirement ,"
Journal of Public Economics ,
Elsevier, vol. 10(3), pages 295-336, December.
[Downloadable!] (restricted)
Other versions: Courtney Coile & Jonathan Gruber, 2000.
"Social Security and Retirement ,"
NBER Working Papers
7830, National Bureau of Economic Research, Inc.
[Downloadable!] (restricted)
Juan C. Conesa & Dirk Krueger, 1999.
"Social Security Reform with Heterogeneous Agents ,"
Review of Economic Dynamics ,
Elsevier for the Society for Economic Dynamics, vol. 2(4), pages 757-795, October.
[Downloadable!] (restricted)
Martin Floden & Jesper Lindé, 2001.
"Idiosyncratic Risk in the United States and Sweden: Is There a Role for Government Insurance? ,"
Review of Economic Dynamics ,
Elsevier for the Society for Economic Dynamics, vol. 4(2), pages 406-437, July.
[Downloadable!] (restricted)
Other versions:
Floden, M. & Linde, J., 1998.
"Idiosyncratic Risk in the U.S. and Sweden: Is there a Role for Government Insurance? ,"
Papers
654, Stockholm - International Economic Studies.
Flodén, Martin & Linde, Jesper, 1998.
"Idiosynchratic Risk in the U.S. and Sweden: Is there a Role for Government Insurance? ,"
Seminar Papers
654, Stockholm University, Institute for International Economic Studies.
[Downloadable!] Diamond, Peter A & Mirrlees, James A, 1986.
" Payroll-Tax Financed Social Insurance with Variable Retirement ,"
Scandinavian Journal of Economics ,
Blackwell Publishing, vol. 88(1), pages 25-50.
Imrohoroglu, Ayse & Imrohoroglu, Selahattin & Joines, Douglas H, 1995.
"A Life Cycle Analysis of Social Security ,"
Economic Theory ,
Springer, vol. 6(1), pages 83-114, June.
Full
references Cited by : (explanations , Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile , click on "citations" and make appropriate adjustments.)
Rita Asplund, 2007.
"Finland: Decentralisation Tendencies within a Collective Wage Bargaining System ,"
Discussion Papers
1077, The Research Institute of the Finnish Economy.
[Downloadable!]
Jyrki Ali-Yrkkö & Mika Pajarinen & Petri Rouvinen & Pekka Ylä-Anttila, 2007.
"Family Businesses and Globalization in Finland ,"
Discussion Papers
1080, The Research Institute of the Finnish Economy.
[Downloadable!]
Mikko Mäkinen, 2007.
"Do Stock Opiton Schemes Affect Technical Inefficiency? Evidence from Finland ,"
Discussion Papers
1085, The Research Institute of the Finnish Economy.
[Downloadable!]
Kari Alho & Nuutti Nikula, 2007.
"Productivity, Employment and Taxes - A SVAR Analysis of Trade-offs and Impacts ,"
Discussion Papers
1074, The Research Institute of the Finnish Economy.
[Downloadable!]
Jukka Lassila & Tarmo Valkonen, 2007.
"Longevity Adjustment of Pension Benefits ,"
Discussion Papers
1073, The Research Institute of the Finnish Economy.
[Downloadable!]
Paavo Suni, 2007.
"Oil Prices and the Russian Economy. Some Simulation Studies with NiGEM ,"
Discussion Papers
1088, The Research Institute of the Finnish Economy.
[Downloadable!]
Access and
download statistics Did you know? There is a FAQ (frequently asked questions).
This page was last updated on 2008-10-8.
This information is provided to you by IDEAS at the Department of Economics , College of Liberal Arts and Sciences , University of Connecticut using RePEc data on a server sponsored by the Society for Economic Dynamics .