To Save or Save Not: Intergenerational Neutrality and the Expansion of New Zealand Superannuation
Author
Abstract
Suggested Citation
Download full text from publisher
References listed on IDEAS
- Bosworth, Barry & Burtless, Gary, 2004. "Pension Reform and Saving," National Tax Journal, National Tax Association;National Tax Journal, vol. 57(3), pages 703-727, September.
- John McHale, 2001.
"The Risk of Social Security Benefit-Rule Changes: Some International Evidence,"
NBER Chapters, in: Risk Aspects of Investment-Based Social Security Reform, pages 247-290,
National Bureau of Economic Research, Inc.
- John McHale, 1999. "The Risk of Social Security Benefit Rule Changes: Some International Evidence," NBER Working Papers 7031, National Bureau of Economic Research, Inc.
- Assar Lindbeck & Mats Persson, 2003.
"The Gains from Pension Reform,"
Journal of Economic Literature, American Economic Association, vol. 41(1), pages 74-112, March.
- Lindbeck, Assar & Persson, Mats, 2002. "The Gains from Pension Reform," Working Paper Series 580, Research Institute of Industrial Economics.
- Lindbeck, Assar & Persson, Mats, 2002. "The Gains from Pension Reform," Seminar Papers 712, Stockholm University, Institute for International Economic Studies.
- John Y. Campbell & Tuomo Vuolteenaho, 2004.
"Bad Beta, Good Beta,"
American Economic Review, American Economic Association, vol. 94(5), pages 1249-1275, December.
- John Y. Campbell & Tuomo Vuolteenaho, 2002. "Bad Beta, Good Beta," Harvard Institute of Economic Research Working Papers 1971, Harvard - Institute of Economic Research.
- Campbell, John & Vuolteenaho, Tuomo, 2004. "Bad Beta, Good Beta," Scholarly Articles 3122489, Harvard University Department of Economics.
- John Y. Campbell & Tuomo Vuolteenaho, 2003. "Bad Beta, Good Beta," Harvard Institute of Economic Research Working Papers 2016, Harvard - Institute of Economic Research.
- John Y. Campbell & Tuomo Vuolteenaho, 2003. "Bad Beta, Good Beta," NBER Working Papers 9509, National Bureau of Economic Research, Inc.
- Welch, Finis, 1979.
"Effects of Cohort Size on Earnings: The Baby Boom Babies' Financial Bust,"
Journal of Political Economy, University of Chicago Press, vol. 87(5), pages 65-97, October.
- Finis Welch, 1979. "Effects of Cohort Size on Earnings: The Baby Boom Babies' Financial Bust," UCLA Economics Working Papers 146, UCLA Department of Economics.
- de la Croix,David & Michel,Philippe, 2002.
"A Theory of Economic Growth,"
Cambridge Books,
Cambridge University Press, number 9780521001151, November.
- de la Croix,David & Michel,Philippe, 2002. "A Theory of Economic Growth," Cambridge Books, Cambridge University Press, number 9780521806428, November.
- John Y. Campbell & Martin Feldstein, 2001. "Risk Aspects of Investment-Based Social Security Reform," NBER Books, National Bureau of Economic Research, Inc, number camp01-1, February.
- Feldstein, Martin & Liebman, Jeffrey B. (ed.), 2002. "The Distributional Aspects of Social Security and Social Security Reform," National Bureau of Economic Research Books, University of Chicago Press, edition 1, number 9780226241067, June.
- Martin Feldstein & Jeffrey B. Liebman, 2002. "The Distributional Aspects of Social Security and Social Security Reform," NBER Books, National Bureau of Economic Research, Inc, number feld02-1, February.
- Sinn, Hans-Werner, 2000.
"Why a Funded Pension System is Useful and Why It is Not Useful,"
Munich Reprints in Economics
19859, University of Munich, Department of Economics.
- Hans-Werner Sinn, 2000. "Why a Funded Pension System is Useful and Why It is Not Useful," NBER Working Papers 7592, National Bureau of Economic Research, Inc.
- Feldstein, Martin S, 1974. "Social Security, Induced Retirement, and Aggregate Capital Accumulation," Journal of Political Economy, University of Chicago Press, vol. 82(5), pages 905-926, Sept./Oct.
- Peter A. Diamond, 1996. "Proposals to Restructure Social Security," Journal of Economic Perspectives, American Economic Association, vol. 10(3), pages 67-88, Summer.
- Peter Diamond, 2011. "Economic Theory and Tax and Pension Policies," The Economic Record, The Economic Society of Australia, vol. 87(s1), pages 2-22, September.
- Eric M. Engen & William G. Gale & John Karl Scholz, 1996. "The Illusory Effects of Saving Incentives on Saving," Journal of Economic Perspectives, American Economic Association, vol. 10(4), pages 113-138, Fall.
- Hans-Werner Sinn, 2000. "Why a Funded Pension System is Needed and Why It is Not Needed," International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 7(4), pages 389-410, August.
- John B. Shoven & Sita N. Slavov, 2006. "Political Risk Versus Market Risk in Social Security," NBER Working Papers 12135, National Bureau of Economic Research, Inc.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Andrew Coleman, 2016. "Pension payments and receipts by New Zealand birth cohorts, 1916--1986," New Zealand Economic Papers, Taylor & Francis Journals, vol. 50(1), pages 51-70, April.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Andrew Coleman, 2014. "The growth, equity, and risk implications of different retirement income policies," New Zealand Economic Papers, Taylor & Francis Journals, vol. 48(2), pages 226-239, August.
- Assar Lindbeck & Mats Persson, 2003.
"The Gains from Pension Reform,"
Journal of Economic Literature, American Economic Association, vol. 41(1), pages 74-112, March.
- Lindbeck, Assar & Persson, Mats, 2002. "The Gains from Pension Reform," Seminar Papers 712, Stockholm University, Institute for International Economic Studies.
- Lindbeck, Assar & Persson, Mats, 2002. "The Gains from Pension Reform," Working Paper Series 580, Research Institute of Industrial Economics.
- Casarico, Alessandra & Devillanova, Carlo, 2008.
"Capital-skill complementarity and the redistributive effects of Social Security Reform,"
Journal of Public Economics, Elsevier, vol. 92(3-4), pages 672-683, April.
- Casarico, Alessandra & Devillanova, Carlo, 2003. "Capital-Skill Complementarity and the Redistributive Effects of Social Security Reform," CEPR Discussion Papers 3773, C.E.P.R. Discussion Papers.
- Alessandra Casarico & Carlo Devillanova, 2003. "Capital-skill Complementarity and the Redistributive Effects of Social Security Reform," CESifo Working Paper Series 1038, CESifo.
- Casarico, Alessandra & Carlo Devillanova, 2003. "Capital-skill Complementarity and the Redistributive Effects of Social Security Reform," Royal Economic Society Annual Conference 2003 38, Royal Economic Society.
- Juraj Kopecsni & Libor Dusek, 2007. "Political Risk of Social Security: Evidence from Reforms in Hungary and the Czech Republic," EcoMod2007 23900044, EcoMod.
- Amol Amol & Monisankar Bishnu & Tridip Ray, 2023. "Pension, possible phaseout, and endogenous fertility in general equilibrium," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 25(2), pages 376-406, April.
- Oshio, Takashi & 小塩, 隆士 & オシオ, タカシ, 2003. "Social Security and Intragenerational Redistribution of Lifetime Income in Japan," Discussion Paper 172, Center for Intergenerational Studies, Institute of Economic Research, Hitotsubashi University.
- Feldstein, Martin & Liebman, Jeffrey B., 2002.
"Social security,"
Handbook of Public Economics, in: A. J. Auerbach & M. Feldstein (ed.), Handbook of Public Economics, edition 1, volume 4, chapter 32, pages 2245-2324,
Elsevier.
- Martin Feldstein & Jeffrey B. Liebman, 2001. "Social Security," NBER Working Papers 8451, National Bureau of Economic Research, Inc.
- Tim Krieger & Christine Meemann & Stefan Traub, 2022.
"Inequality, Life Expectancy, and the Intragenerational Redistribution Puzzle - Some Experimental Evidence,"
CESifo Working Paper Series
9677, CESifo.
- Krieger, Tim & Meemann, Christine & Traub, Stefan, 2022. "Inequality, life expectancy, and the intragenerational redistribution puzzle: Some experimental evidence," Discussion Paper Series 2022-02, University of Freiburg, Wilfried Guth Endowed Chair for Constitutional Political Economy and Competition Policy.
- Matthew Smith & Owen Zidar & Eric Zwick, 2020.
"Top Wealth in America: New Estimates and Implications for Taxing the Rich,"
Working Papers
264, Princeton University, Department of Economics, Center for Economic Policy Studies..
- Matthew Smith & Owen Zidar & Eric Zwick, 2021. "Top Wealth in America: New Estimates and Implications for Taxing the Rich," Working Papers 2021-7, Princeton University. Economics Department..
- Matthew Smith & Owen M. Zidar & Eric Zwick, 2021. "Top Wealth in America: New Estimates and Implications for Taxing the Rich," NBER Working Papers 29374, National Bureau of Economic Research, Inc.
- Christoph Borgmann & Matthias Heidler, 2003. "Demographics and Volatile Social Security Wealth: Political Risks of Benefit Rule Changes in Germany," CESifo Working Paper Series 1021, CESifo.
- Marko Köthenbürger & Panu Poutvaara, 2006.
"Social Security Reform and Investment in Education: Is There Scope for a Pareto Improvement?,"
Economica, London School of Economics and Political Science, vol. 73(290), pages 299-319, May.
- Köthenbürger, Marko & Poutvaara, Panu, 2006. "Social security reform and investment in education: Is there scope for a Pareto improvement?," Munich Reprints in Economics 19486, University of Munich, Department of Economics.
- Köthenbürger, Marko & Poutvaara, Panu, 2006. "Social security reform and investment in education: Is there scope for a Pareto improvement?," Munich Reprints in Economics 19487, University of Munich, Department of Economics.
- Edward N. Wolff, 2005. "Is the Equalizing Effect of Retirement Wealth Wearing Off?," Economics Working Paper Archive wp_420, Levy Economics Institute.
- Bohn, Henning, 2001.
"Retirement Savings in an Aging Society: A Case for Innovative Government Debt Management,"
University of California at Santa Barbara, Economics Working Paper Series
qt59r83559, Department of Economics, UC Santa Barbara.
- Henning Bohn, 2001. "Retirement Savings in an Aging Society: A Case for Innovative Government Debt Management," CESifo Working Paper Series 494, CESifo.
- Carlos Vidal-Meliá & Mar𨁤el Carmen Boado-Penas, 2013. "Compiling the actuarial balance for pay-as-you-go pension systems. Is it better to use the hidden asset or the contribution asset?," Applied Economics, Taylor & Francis Journals, vol. 45(10), pages 1303-1320, April.
- Robert Fenge & Beatrice Scheubel, 2017.
"Pensions and fertility: back to the roots,"
Journal of Population Economics, Springer;European Society for Population Economics, vol. 30(1), pages 93-139, January.
- Fenge, Robert & Scheubel, Beatrice, 2016. "Pensions and Fertility: Back to the Roots," VfS Annual Conference 2016 (Augsburg): Demographic Change 145689, Verein für Socialpolitik / German Economic Association.
- Olivera, Javier, 2019.
"The distribution of pension wealth in Europe,"
The Journal of the Economics of Ageing, Elsevier, vol. 13(C), pages 30-42.
- OLIVERA Javier, 2018. "The distribution of pension wealth in Europe," LISER Working Paper Series 2018-10, Luxembourg Institute of Socio-Economic Research (LISER).
- Simon Fan & Yu Pang & Pierre Pestieau, 2022.
"Investment in children, social security, and intragenerational risk sharing,"
International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 29(2), pages 286-315, April.
- FAN Simon, & PANG Yu, & PESTIEAU Pierre,, 2019. "Investment in children, social security, and intragenerational risk sharing," LIDAM Discussion Papers CORE 2019004, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- Fan, Simon & Pang, Yu & Pestieau, Pierre, 2021. "Investment in children, social security, and intragenerational risk sharing," LIDAM Reprints CORE 3163, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- Simon Gilchrist & Fabio M. Natalucci & Egon Zakrajsek, 2007.
"Investment and the Cost of Capital: New Evidence from the Corporate Bond Market,"
Boston University - Department of Economics - Working Papers Series
WP2007-027, Boston University - Department of Economics.
- Simon Gilchrist & Egon Zakrajsek, 2007. "Investment and the Cost of Capital: New Evidence from the Corporate Bond Market," NBER Working Papers 13174, National Bureau of Economic Research, Inc.
- Alan L. Gustman & Thomas L. Steinmeier, 2002.
"The New Social Security Commission Personal Accounts: Where Is the Investment Principal?,"
NBER Working Papers
9045, National Bureau of Economic Research, Inc.
- Alan L. Gustman & Thomas L. Steinmeier, 2002. "The New Social Security Commission Personal Accounts: Where is the Investment Principal?," Working Papers wp031, University of Michigan, Michigan Retirement Research Center.
- Libor Dušek & Juraj Kopecsni, 2008.
"Policy Risk in Action: Pension Reforms and Social Security Wealth in Hungary, Czech Republic, and Slovakia,"
Czech Journal of Economics and Finance (Finance a uver), Charles University Prague, Faculty of Social Sciences, vol. 58(07-08), pages 329-357, Oktober.
- Libor Dušek & Juraj Kopecsni, 2008. "Policy Risk in Action: Pension Reforms and Social Security Wealth in Hungary, Czech Republic, and Slovakia," Working Papers IES 2008/09, Charles University Prague, Faculty of Social Sciences, Institute of Economic Studies, revised Jun 2008.
- Juraj KOPECSNI & Libor DUSEK, 2008. "Policy Risk in Action: Pension Reforms and Social Security Wealth in Hungary, Czech Republic, and Slovakia," EcoMod2008 23800067, EcoMod.
More about this item
Keywords
Retirement income policy; prefunding; intergenerational economics;All these keywords.
JEL classification:
- E21 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Consumption; Saving; Wealth
- H55 - Public Economics - - National Government Expenditures and Related Policies - - - Social Security and Public Pensions
NEP fields
This paper has been announced in the following NEP Reports:- NEP-AGE-2014-03-01 (Economics of Ageing)
- NEP-MAC-2014-03-01 (Macroeconomics)
- NEP-PBE-2014-03-01 (Public Economics)
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:nzt:nztwps:14/02. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: CSS I&T Web & Publishing, The Treasury (email available below). General contact details of provider: https://edirc.repec.org/data/tregvnz.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.