scholarly journals Aging, Social Security Design, and Capital Accumulation

2015 ◽  
Author(s):  
Antoine Dedry ◽  
Harun Onder ◽  
Pierre Pestieau
Keyword(s):  
Social Security ◽  
Capital Accumulation ◽  
Security Design

scholarly journals Aging, Social Security Design, and Capital Accumulation

2015 ◽  
Author(s):  
Antoine Dedry ◽  
Harun Onder ◽  
Pierre Pestieau
Keyword(s):  
Social Security ◽  
Capital Accumulation ◽  
Security Design

scholarly journals Aging, Social Security Design, and Capital Accumulation

2016 ◽  
Author(s):  
Antoine Dedry ◽  
Harun Onder ◽  
Pierre Pestieau
Keyword(s):  
Social Security ◽  
Capital Accumulation ◽  
Security Design

scholarly journals Aging, social security design, and capital accumulation

2017 ◽  
Vol 9 ◽  
pp. 145-155 ◽  
Author(s):  
Antoine Dedry ◽  
Harun Onder ◽  
Pierre Pestieau
Keyword(s):  
Social Security ◽  
Capital Accumulation ◽  
Security Design

scholarly journals The Effects of Investing Social Security Funds in the Stock Market When Fixed Costs Prevent Some Households from Holding Stocks

2001 ◽  
Vol 91 (1) ◽  
pp. 128-148 ◽  
Author(s):  
Andrew B Abel
Keyword(s):  
Social Security ◽  
Stock Market ◽  
Equilibrium Model ◽  
Capital Accumulation ◽  
Equity Premium ◽  
Fixed Costs ◽  
Lower Income ◽  
Defined Contribution ◽  
Per Capita ◽  
Security Funds

With fixed costs of participating in the stock market, consumers with high income will participate in the stock market, but consumers with lower income will not participate. If a fully funded defined-contribution Social Security system tries to exploit the equity premium by selling a dollar of bonds per capita and buying a dollar of equity per capita, consumers who save but do not participate in the stock market will increase their consumption, thereby reducing saving and capital accumulation. Calibration of a general-equilibrium model indicates that this policy could reduce the aggregate capital stock substantially, by about 50 cents per capita. (JEL H55)

scholarly journals The role of the age-friendly cities movement in the framework of active aging policies against the socioeconomic risks of demographic aging

2020 ◽  
Vol 17 (3) ◽  
pp. 847-863
Author(s):  
Aykut Aydın ◽  
Muharrem Es
Keyword(s):  
Social Security ◽  
Living Arrangements ◽  
Capital Accumulation ◽  
Healthy Aging ◽  
World Health ◽  
Active Aging ◽  
Education Policies ◽  
Demographic Aging ◽  
Health Organization ◽  
The Individual

Aging, a common problem in almost all countries, both developed and developing, is expressed in terms of a decrease in global birth and death rates or, from a different perspective, an increase in mean life expectancy. Demographic aging, which may be regarded as both a threat and an opportunity, affects a very broad sphere, including basic health, the economy, social security, the saving-consumption balance, living arrangements, urbanization, and the family structure, and therefore brings different disciplines together. Looked at in greater detail, it is a subject that requires reflection and planning since it affects such areas as change in a country’s population structure, economic growth, labor markets, labor supply and productivity, development policies, public borrowing, health and social security policies, education policies, and urbanization policies. The fact that demographic aging is a common problem of both developed and developing countries raises the question of active and healthy aging policies. These policies are thought to play an important role in measures created or potentially created by aging. Discovery of the importance of individual capital accumulation and wide social capital has prepared the dissemination of active-healthy aging policies out of the idea that investment in individuals’ health, education, and participation opportunities will benefit both the individual and the community. The emergence of the ‘Age-Friendly Cities’ movement initiated by the World Health Organization is one concrete outcome of these policies. The first section of this study will discuss the concept of demographic aging and its relationship with active-healthy aging. The economic and social effects of demographic aging will then be discussed. Another section of the study will discuss the concept of age-friendly cities, their relationship with active aging, and their role against the impacts of demographic aging.

scholarly journals Universal simplicity? The alleged simplicity of Universal Credit from administrative and claimant perspectives

2020 ◽  
Vol 28 (2) ◽  
pp. 169-186
Author(s):  
Kate Summers ◽  
David Young
Keyword(s):  
Social Security ◽  
Empirical Studies ◽  
Social Security System ◽  
Security System ◽  
Security Design ◽  
The Social ◽  
Critical Attention ◽  
Managing Complexity ◽  
To Receive

A key aim of Universal Credit is to simplify the social security system. While several aspects of its introduction have received critical attention, this overarching aim continues to receive acceptance and support. Drawing on two empirical studies involving means-tested benefit claimants, we aim to deconstruct the idea of ‘simplicity’ as a feature of social security design and argue that it is contingent on perspective. We suggest that claims of simplicity can often be justified from an administrative perspective but are not experienced as such from the perspective of claimants, who instead can face greater responsibility for managing complexity.

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