The Right Time to Retire: The Effect of Pension Benefits on Retirement Timing
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With longevity increasing and public pensions shrinking, old age poverty is a pressing issue in many economies. Noting that this issue has particular impact on women, in this video, HAN YE explores the extent to which additional pension benefit affects workers’ decisions on when to retire.
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Focusing on a German pension subsidy scheme introduced in 1992, Han Ye’s study breaks new ground in its isolation of the causal impact of additional pension benefits from other variations in the pensions regime.
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Highlighting both flaws and benefits of the German scheme, Han Ye’s research opens important avenues for both researchers and public policy makers interested in optimal ways to address the issue of old age poverty.
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More information about Han Ye: https://www.vwl.uni-mannheim.de/ye/
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0:00 Question
2:05 Method
4:04 Findings
5:52 Relevance
7:06 Outlook
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Rather than referring to laws written and developed by the state, judges in Saudi Arabia largely rely on Islamic jurisprudence and the interpretation of sacred texts. In this video, DOMINIK KRELL explores how legal reform can occur in these circumstances.
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Different factors influence how households invest their savings. In this video, CHRISTIAN ZIMPELMANN explores the role that subjective beliefs about the stock market play in household investment decisions.
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Gathering data on stock holdings in the Netherl
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Individuals and governments often do not have as much time or experience as they would like when they need to make a decision. In this video, SARAH AUSTER explores the mechanism by which such decisions are made.
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Building a game theoretical model that dr