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Full-Text Articles in Social and Behavioral Sciences
A Review Of Retirement Income Policy Models, Kevin M. Hollenbeck
A Review Of Retirement Income Policy Models, Kevin M. Hollenbeck
Upjohn Institute Working Papers
Public policymakers and program administrators often face decisions that impact the retirement incomes of individuals. An important question that these decision-makers may wish to address concerns the distributional impacts of the programmatic changes under consideration. Who (what population groups) would gain income and how much? Who would be unaffected? Who would lose and by how much? The question that this paper investigates is the extent to which computer models and associated policy analysis capability are available to provide decision makers with this kind of information. Specifically, the paper reviews a class of models that may be designated as retirement income …
Pension Incentives And Job Mobility, Alan L. Gustman, Thomas L. Steinmeier
Pension Incentives And Job Mobility, Alan L. Gustman, Thomas L. Steinmeier
Upjohn Press
Using models developed for this study which incorporate an array of behaviors generally omitted from conventional models relating backloading to turnover, Gustman and Steinmeier find that backloading plays only a slight role in explaining mobility differences associated with pension coverage. They propose that higher wages often paid at pension-covered jobs play a greater role in reducing mobility than do pensions.
Private Pension Policies In Industrialized Countries: A Comparative Analysis, John A. Turner, Noriyasu Watanabe
Private Pension Policies In Industrialized Countries: A Comparative Analysis, John A. Turner, Noriyasu Watanabe
Upjohn Press
In this comprehensive review of private pension systems in effect world-wide, Turner and Watanabe discuss the fundamental issues facing nations as they adopt and expand private pension systems. Specific policies in effect in several private pension systems are analyzed including those in nations dominating world pension assets (Japan, Germany, the U.K., and the U.S.), as is the country whose system is widely regarded as the model for developing nations, Chile. Turner and Watanabe also provide a compendium on the worldwide trends influencing pension systems and their implications for pension policy.