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Expected and actual...
Expected and actual replacement rates in the pension system of the Netherlands: how and why do they differ?
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Van Duijn, Mark (författare)
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Mastrogiacomo, Mauro (författare)
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Lindeboom, Maarten (författare)
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- Lundborg, Petter (författare)
- Lund University,Lunds universitet,Nationalekonomiska institutionen,Ekonomihögskolan,Department of Economics,Lund University School of Economics and Management, LUSEM
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(creator_code:org_t)
- 2013
- 2013
- Engelska.
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Ingår i: Journal of Pension Economics and Finance. - 1475-3022. ; 12:2, s. 168-189
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http://journals.camb... (free)
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http://dx.doi.org/10...
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https://lup.lub.lu.s...
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https://doi.org/10.1...
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Abstract
Ämnesord
Stäng
- This study examines the expected retirement replacement rates (RRs) of several cohorts of Dutch employees at the time of their planned retirements. It also computes RRs based on the available pension records. We find that the expected replacement rate (E(RR)) is, in general, higher than the ones we compute. Larger discrepancies are found for younger cohorts and for individuals with less education and working experience. We also examine the difference between the expected and computed RRs and find that the mismatch is mostly related to poor institutional knowledge. We also show the role of assumptions about institutions and wage profiles in determining our results.
Ämnesord
- SAMHÄLLSVETENSKAP -- Ekonomi och näringsliv -- Nationalekonomi (hsv//swe)
- SOCIAL SCIENCES -- Economics and Business -- Economics (hsv//eng)
Nyckelord
- Replacement rate
- expected retirement
- Oaxaca decomposition
Publikations- och innehållstyp
- art (ämneskategori)
- ref (ämneskategori)
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