Social Security Incentives and Human Capital Investment

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Publisher :
ISBN 13 :
Total Pages : 9 pages
Book Rating : 4.:/5 (475 download)

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Book Synopsis Social Security Incentives and Human Capital Investment by : Morten I. Lau

Download or read book Social Security Incentives and Human Capital Investment written by Morten I. Lau and published by . This book was released on 2006 with total page 9 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Social Security Incentives and Human Capital Investment

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Publisher :
ISBN 13 :
Total Pages : 30 pages
Book Rating : 4.:/5 (129 download)

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Book Synopsis Social Security Incentives and Human Capital Investment by : Panu Poutvaara

Download or read book Social Security Incentives and Human Capital Investment written by Panu Poutvaara and published by . This book was released on 2004 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt: While the effect of social security systems on retirement decisions has received much attention, the impact of these systems on individuals' incentives to invest in their human capital has not been analyzed. We integrate human capital investment and retirement decisions in a simple analytical life-cycle model with full certainty and investigate how different social security schemes may a?ect welfare, human capital investment and labor supply. We analyze and compare three different social security systems. Our results suggest that actuarial adjustment and the link between individual social security contributions and benefits increase human capital investment and postpone retirement.

Social Security Incentives, Human Capital Investment & Mobility of Labor

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ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (12 download)

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Book Synopsis Social Security Incentives, Human Capital Investment & Mobility of Labor by :

Download or read book Social Security Incentives, Human Capital Investment & Mobility of Labor written by and published by . This book was released on 2005 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Social Security Incentives, Human Capital Investment and Mobility of Labor

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Author :
Publisher :
ISBN 13 :
Total Pages : 15 pages
Book Rating : 4.:/5 (162 download)

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Book Synopsis Social Security Incentives, Human Capital Investment and Mobility of Labor by : Panu Poutvaara

Download or read book Social Security Incentives, Human Capital Investment and Mobility of Labor written by Panu Poutvaara and published by . This book was released on 2005 with total page 15 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Migration between countries with earnings-related and flat-rate pay-as-you-go social security systems may change human capital investments in both countries. The possibility of emigration boosts investments in human capital in the country with flat-rate benefits. Correspondingly, those expecting to migrate from the country with earnings-related benefits to a country with flat-rate benefits may reduce their investment in education. With suitably planned transfers between the two countries, allowing for migration may generate a Pareto-improvement for all current and future generations. Without transfers, either country may be unable to pay for promised benefits when labor becomes mobile." -- Forschungsinstitut zur Zukunft der Arbeit web site.

Social Security Incentives & Human Capital Investment

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Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (12 download)

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Book Synopsis Social Security Incentives & Human Capital Investment by :

Download or read book Social Security Incentives & Human Capital Investment written by and published by . This book was released on 2001 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Social Security and Incentives for Investment in Human Capital

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Publisher :
ISBN 13 :
Total Pages : 42 pages
Book Rating : 4.:/5 (869 download)

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Book Synopsis Social Security and Incentives for Investment in Human Capital by : Larry G. Sgontz

Download or read book Social Security and Incentives for Investment in Human Capital written by Larry G. Sgontz and published by . This book was released on 1976 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Fostering Within-family Human Capital Investment

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Publisher :
ISBN 13 :
Total Pages : 28 pages
Book Rating : 4.E/5 ( download)

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Book Synopsis Fostering Within-family Human Capital Investment by : Martin Barbie

Download or read book Fostering Within-family Human Capital Investment written by Martin Barbie and published by . This book was released on 2002 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Social Security Programs and Retirement Around the World

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Publisher :
ISBN 13 : 9780226674100
Total Pages : 672 pages
Book Rating : 4.6/5 (741 download)

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Book Synopsis Social Security Programs and Retirement Around the World by : Axel Börsch-Supan

Download or read book Social Security Programs and Retirement Around the World written by Axel Börsch-Supan and published by . This book was released on 2020 with total page 672 pages. Available in PDF, EPUB and Kindle. Book excerpt: "This ninth volume of the International Social Security series, which studies the social security and retirement experiences of 12 developed countries, examines the effects of pension reform on employment at older ages. In the two decades since the project began, a dramatic decline in men's labor force participation has been replaced by sharply rising participation rates. Older women's participation has increased dramatically as well. While better health, more education, and changes in labor supply behavior of married couples may have affected this trend, these factors alone cannot explain the magnitude of the employment increase and its large variation across countries. Concurrently with rising participation rates, countries have undertaken numerous reforms of their social security programs, disability programs, and other public benefit programs for older workers. Using a common template for analysis across the 12 countries so that results are easily compared, the studies in this volume explore how financial incentives to work at older ages have evolved from 1980 to the present as a result of public pension reforms, and how much of the changes in employment over this period can be explained by these changing incentives. Overall, the findings support the hypothesis that social security reforms have strengthened the incentives for work at older ages, and that these enhanced financial incentives contributed to the rise in employment at older ages during this period"--

The Economics of Social Insurance and Employee Benefits

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Publisher : Springer Science & Business Media
ISBN 13 : 1461549272
Total Pages : 348 pages
Book Rating : 4.4/5 (615 download)

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Book Synopsis The Economics of Social Insurance and Employee Benefits by : Richard J. Butler

Download or read book The Economics of Social Insurance and Employee Benefits written by Richard J. Butler and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 348 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is intended for junior and senior undergraduate students, and master level students in human resources, risk management and insurance, industrial relations or public policy. The subject of the book is non-wage benefits paid to workers. Hence, it excludes discussion of needs-based programs such as welfare, food stamps, Supplementary Security Income, and Medicaid. It includes benefits mandated by the government including the major social insurance programs: workers' compensation, unemployment insurance and Social Security benefits. It also includes those benefits voluntarily provided by firms including: group medical care, disability benefits, paid sick time, pension benefits, life insurance, and assorted other fringe benefits. The book is divided into three parts. Part I (chapters 1 through 6) briefly introduces these programs and discusses some of the insurance and economic concepts that are useful in both evaluating the current programs, and in understanding what changes might mean for future costs and benefits. The next two parts of the book deal respectively with social insurance programs (Part II, chapters 7-10), and other employer provided benefits (Part III, chapters 11-16). Throughout, private sector human resource practice and public sector human resource policy is linked to various "ben~fit" models: the human capital model, the passive participant model, the insurance' model, the managed care model, and the integrated health benefits model.

Social Security in Theory and Practice (II)

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Publisher :
ISBN 13 :
Total Pages : 54 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Social Security in Theory and Practice (II) by : Casey B. Mulligan

Download or read book Social Security in Theory and Practice (II) written by Casey B. Mulligan and published by . This book was released on 1999 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt: 166 countries have some kind of public old age pension. What economic forces create and sustain old age Social Security as a public program? Mulligan and Sala-i-Martin (1999) document several of the internationally and historically common features of social security programs, and explore political' theories of Social Security. This paper discusses the efficiency theories,' which view creation of the SS program as a full or partial solution to some market failure. Efficiency explanations of social security include the SS as welfare for the elderly', the retirement increases productivity to optimally manage human capital externalities', optimal retirement insurance', the prodigal father problem', the misguided Keynesian', the optimal longevity insurance', the government economizing transaction costs' and the return on human capital investment'. We also analyze four narrative' theories of social security: the chain letter theory', the lump of labor theory', the monopoly capitalism theory', and the Sub-but-Nearly-Optimal policy response to private pensions theory'. The political and efficiency explanations are compared with the international and historical facts and used to derive implications for replacing the typical pay-as-you-go system with a forced savings plan. Most of the explanations suggest that forced savings does not increase welfare, and may decrease it.

Risk Aspects of Investment-Based Social Security Reform

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Publisher : University of Chicago Press
ISBN 13 : 0226092569
Total Pages : 509 pages
Book Rating : 4.2/5 (26 download)

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Book Synopsis Risk Aspects of Investment-Based Social Security Reform by : John Y. Campbell

Download or read book Risk Aspects of Investment-Based Social Security Reform written by John Y. Campbell and published by University of Chicago Press. This book was released on 2009-02-15 with total page 509 pages. Available in PDF, EPUB and Kindle. Book excerpt: Our current social security system operates on a pay-as-you-go basis; benefits are paid almost entirely out of current revenues. As the ratio of retirees to taxpayers increases, concern about the high costs of providing benefits in a pay-as-you-go system has led economists to explore other options. One involves "prefunding," in which a person's withholdings are invested in financial instruments, such as stocks and bonds, the eventual returns from which would fund his or her retirement. The risks such a system would introduce—such as the volatility in the market prices of investment assets—are the focus of this offering from the NBER. Exploring the issues involved in measuring risk and developing models to reflect the risks of various investment-based systems, economists evaluate the magnitude of the risks that both retirees and taxpayers would assume. The insights that emerge show that the risk is actually moderate relative to the improved return, as well as being balanced by the ability of an investment-based system to adapt to differences in individual preferences and conditions.

Understanding SSI (Supplemental Security Income)

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Publisher : DIANE Publishing
ISBN 13 : 078814555X
Total Pages : 65 pages
Book Rating : 4.7/5 (881 download)

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Book Synopsis Understanding SSI (Supplemental Security Income) by :

Download or read book Understanding SSI (Supplemental Security Income) written by and published by DIANE Publishing. This book was released on 1998-03 with total page 65 pages. Available in PDF, EPUB and Kindle. Book excerpt: This publication informs advocates & others in interested agencies & organizations about supplemental security income (SSI) eligibility requirements & processes. It will assist you in helping people apply for, establish eligibility for, & continue to receive SSI benefits for as long as they remain eligible. This publication can also be used as a training manual & as a reference tool. Discusses those who are blind or disabled, living arrangements, overpayments, the appeals process, application process, eligibility requirements, SSI resources, documents you will need when you apply, work incentives, & much more.

Human Capital Investment An international Comparison

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Publisher : OECD Publishing
ISBN 13 : 9264162895
Total Pages : 111 pages
Book Rating : 4.2/5 (641 download)

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Book Synopsis Human Capital Investment An international Comparison by : OECD

Download or read book Human Capital Investment An international Comparison written by OECD and published by OECD Publishing. This book was released on 1998-05-04 with total page 111 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report clarifies what is now known about human capital and how it can be measured.

The (Lack Of) Anticipatory Effects of the Social Safety Net on Human Capital Investment

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Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (139 download)

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Book Synopsis The (Lack Of) Anticipatory Effects of the Social Safety Net on Human Capital Investment by : Manasi Deshpande

Download or read book The (Lack Of) Anticipatory Effects of the Social Safety Net on Human Capital Investment written by Manasi Deshpande and published by . This book was released on 2023 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: How does the expectation that a child will receive government benefits in adulthood affect parental investments in the child's human capital? Most parents whose children receive Supplemental Security Income (SSI) benefits overestimate the likelihood that their child will receive SSI benefits in adulthood. We present randomly-selected families with the predicted likelihood that their child will receive SSI benefits in adulthood. Reducing parents' expectations that children will receive benefits in adulthood does not increase investments in children's human capital. This zero effect is precisely estimated. Likely explanations include parents working more themselves, non-financial goals influencing investment, and families facing investment constraints.

The Effects of Social Security on Income and the Capital Stock

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Publisher :
ISBN 13 :
Total Pages : 112 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis The Effects of Social Security on Income and the Capital Stock by : Michael R. Darby

Download or read book The Effects of Social Security on Income and the Capital Stock written by Michael R. Darby and published by . This book was released on 1979 with total page 112 pages. Available in PDF, EPUB and Kindle. Book excerpt: Monograph on effects of social security on aggregate savings-income ratio in the USA - uses an economic model to estimate relationships between capital stock, labour supply and social security, etc., and finds that a regression run for 1947-1974 shows no effect of social security on saving. Bibliography pp. 85 to 88, graphs, references and statistical tables.

World Development Report 2019

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Publisher : World Bank Publications
ISBN 13 : 1464813566
Total Pages : 201 pages
Book Rating : 4.4/5 (648 download)

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Book Synopsis World Development Report 2019 by : World Bank

Download or read book World Development Report 2019 written by World Bank and published by World Bank Publications. This book was released on 2018-10-31 with total page 201 pages. Available in PDF, EPUB and Kindle. Book excerpt: Work is constantly reshaped by technological progress. New ways of production are adopted, markets expand, and societies evolve. But some changes provoke more attention than others, in part due to the vast uncertainty involved in making predictions about the future. The 2019 World Development Report will study how the nature of work is changing as a result of advances in technology today. Technological progress disrupts existing systems. A new social contract is needed to smooth the transition and guard against rising inequality. Significant investments in human capital throughout a person’s lifecycle are vital to this effort. If workers are to stay competitive against machines they need to train or retool existing skills. A social protection system that includes a minimum basic level of protection for workers and citizens can complement new forms of employment. Improved private sector policies to encourage startup activity and competition can help countries compete in the digital age. Governments also need to ensure that firms pay their fair share of taxes, in part to fund this new social contract. The 2019 World Development Report presents an analysis of these issues based upon the available evidence.

Investing in America's Workforce

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Publisher :
ISBN 13 : 9780692163184
Total Pages : pages
Book Rating : 4.1/5 (631 download)

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Book Synopsis Investing in America's Workforce by : Carl E. Van Horn

Download or read book Investing in America's Workforce written by Carl E. Van Horn and published by . This book was released on 2018 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: