nep-age New Economics Papers
on Economics of Ageing
Issue of 2013‒05‒24
six papers chosen by
Claudia Villosio
LABORatorio R. Revelli

  1. A History of the Swedish Pension System By Hagen, Johannes
  2. Microanalysis of retirement behavior in the Russian Federation By Iuliia Sonina
  3. Seek and Ye shall Find: How Search Requirements Affect Job Finding Rates of Older Workers By Hullegie, P.G.J.; Ours, J.C. van
  4. The long and the short of household formation By Andrew D. Paciorek
  5. Do household surveys give a coherent view of disability benefit targeting? A multi-survey latent variable analysis for the older population in Great Britain By Hancock, Ruth; Morciano, Marcello; Pudney, Stephen; Zantomio, Francesca
  6. The Role of Age in Jury Selection and Trial Outcomes By Shamena Anwar; Patrick Bayer; Randi Hjalmarsson

  1. By: Hagen, Johannes (Uppsala Center for Fiscal Studies)
    Abstract: This report provides an extensive overview of the history of the Swedish pension system. Starting with the implementation of the world's first universal public pension system in 1913, the report discusses the political as well as the economic background to each major public pension reform up until today. It presents the rules and the institutional details of these reforms and discuss their implications for retirement behavior, the general state of the economy and the political environment. Parallel to the development of the public pension system, a comprehensive and quite complex occupational pension system has emerged. This report describes the historical background and the institutional details of the four largest agreement-based occupational pension schemes in Sweden.
    Keywords: pensions; retirement; economic history; private pensions; public pensions; historic Review; funded; unfunded; defined contribution; defined benefit; Beveridgean welfare state; Bismarckian welfare state
    JEL: H55 H75 N33 N34 P35
    Date: 2013–05–14
    URL: http://d.repec.org/n?u=RePEc:hhs:uufswp:2013_007&r=age
  2. By: Iuliia Sonina (UP1 UFR02 - Université Paris 1, Panthéon-Sorbonne - UFR d'Économie - Université Paris I - Panthéon-Sorbonne - PRES HESAM)
    Abstract: This paper presents the results of econometric analysis of retirement behavior of Russian pensioners. The aim of the investigation is determination of those factors that affect the retirement decision of men and women in Russia. Their understanding can be helpful for pension reform realization. This analysis is performed on the basis of data from the Russian Longitudinal Monitoring Survey. The data are taken from the 15th to 19th waves of survey that correspond to 2005-2010 period of time. First of all this paper gives a survey of retirement literature, then describes the pension system in the Russian federation and particularities of retirement behaviour of Russian pensioners, after that it presents basic hypothesis of the analysis and, finally, concludes with econometric results and their interpretation.
    Keywords: retraite, Russie, comportements
    Date: 2012
    URL: http://d.repec.org/n?u=RePEc:hal:journl:dumas-00817699&r=age
  3. By: Hullegie, P.G.J.; Ours, J.C. van (Tilburg University, Center for Economic Research)
    Abstract: Abstract Unemployment insurance recipients in the Netherlands were for a long time exempted from the requirement to actively search for a job when they reached the age of 57.5. We study how this exemption affected the job finding rates of the recipients involved. We find evidence that the job finding rate of unemployed workers who were getting close to the age of 57.5 is reduced in anticipation of the removal of the search requirement. In addition we find a large negative effect on job finding rates of the actual removal of the search requirement. Apparently, even for persons with seemingly poor job prospects search requirements have a positive effect on finding rates.
    Keywords: eligibility criteria;unemployment benefits;job finding;older workers
    JEL: C41 H55 J64 J65
    Date: 2013
    URL: http://d.repec.org/n?u=RePEc:dgr:kubcen:2013028&r=age
  4. By: Andrew D. Paciorek
    Abstract: One of the drivers of housing demand is the rate of new household formation, which has been well below trend in recent years, leading to persistent weakness in the housing market. This paper studies the determinants of household formation in the United States, including demographic and behavioral changes, and how they evolve over the long and short runs. There are three main findings: First, because older adults tend to live in smaller households, the aging of the U.S. population over the past 30 years has reduced the average household size, or equivalently, pushed up the headship rate and household formation. Second, after stripping out the effects of the aging population, the residual behavioral component of the headship rate has declined over time, thanks largely to rising housing costs. This shift has reduced household formation, all else equal. Finally, the short-run dynamics of headship and household formation reflect the effects of the business cycle. In particular, I find that poor labor market outcomes have played an important role in depressing the headship rate in recent years. Consequently, household formation could increase substantially as the labor market recovers and the headship rate returns to trend.
    Date: 2013
    URL: http://d.repec.org/n?u=RePEc:fip:fedgfe:2013-26&r=age
  5. By: Hancock, Ruth; Morciano, Marcello; Pudney, Stephen; Zantomio, Francesca
    Abstract: We compare three major UK surveys, BHPS, FRS and ELSA, in terms of the picture they give of the relationship between disability and receipt of the Attendance Allowance (AA) benefit. Using the different disability indicators available in each survey, we estimate a model in which probabilities of receiving AA depend on latent disability status. Despite major differences in design, once sample composition is standardised through statistical matching, the surveys deliver similar results for the model of disability incidence and AA receipt. Provided surveys offer a sufficiently wide range of disability indicators, the detail of disability measurement appears relatively unimportant.
    Date: 2013–05–07
    URL: http://d.repec.org/n?u=RePEc:ese:iserwp:2013-05&r=age
  6. By: Shamena Anwar; Patrick Bayer; Randi Hjalmarsson
    Abstract: This paper uses data from 700 felony trials in Sarasota and Lake Counties in Florida from 2000-2010 to examine the role of age in jury selection and trial outcomes. The results imply that prosecutors are more likely to use their peremptory challenges to exclude younger members of the jury pool, while defense attorneys exclude older potential jurors. To examine the causal impact of age on trial outcomes, the paper employs a research design that isolates the effect of the random variation in the age composition of the pool of eligible jurors called for jury duty. Consistent with the jury selection patterns, the empirical evidence implies that older jurors are significantly more likely to convict. Results are robust to the inclusion of broad set of controls including county, time, and judge fixed effects. These findings imply that many cases are decided differently for reasons that are completely independent of the true nature of the evidence in the case – i.e., that there is substantial randomness in the application of criminal justice.
    Date: 2013
    URL: http://d.repec.org/n?u=RePEc:duk:dukeec:13-8&r=age

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