References of "Pestieau, Pierre"
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See detailThe effects of early retirement on youth unemployment: the case of Belgium
Jousten, Alain ULg; Lefebvre, Mathieu ULg; Pestieau, Pierre ULg et al

in Gruber, Jonathan; Wise, David (Eds.) Social Security Programs and Retirement around the World: The Relationship to Youth Employment (2010)

Detailed reference viewed: 83 (33 ULg)
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See detailCollective Annuities and Redistribution
Cremer, Helmuth; Lozachmeur, Jean-Marie; Pestieau, Pierre ULg

in Journal of Public Economic Theory (2010), (12), 23-41

This paper studies the role of alternative pension systems that offer collective annuities. The defining characteristic of collective annuities is that they do not depend on an individual’s survival ... [more ▼]

This paper studies the role of alternative pension systems that offer collective annuities. The defining characteristic of collective annuities is that they do not depend on an individual’s survival probabilities. We show that such a system may be welfare improving (with a utilitarian social welfare function) even when private annuity markets are perfect and when life expectancy and earning abilities are positively correlated (i.e., in a setting that is a priori biased against collective annuities). We first concentrate on linear pension systems and contrast two schemes: a pure contributory (Bismarckian) pension and a flat rate (Beveridgean) pension. We show that the case for collective annuities is stronger when they are associated with a flat pension system. Then we analyze nonlinear pension schemes.We show that the solution can be implemented by a pension scheme associated with annuities that reflect some degree of “collectiveness.” Unlike under pure collective annuities, benefits do depend on life expectancy but to a lesser degree than with actuarially fair private annuities. In other words, the impact of survival probabilities is mitigated rather than completely neutralized. [less ▲]

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See detailLongevity and annuities: an introduction
Cremer, Helmuth; Pestieau, Pierre ULg

in Journal of Public Economic Theory (2010), (12), 1-5

Detailed reference viewed: 18 (4 ULg)
See detailMyopia, redistribution and pensions
Pestieau, Pierre ULg

Scientific conference (2009, December 18)

Detailed reference viewed: 35 (5 ULg)
See detailSocial and private LTC insurance with variable altruism
Pestieau, Pierre ULg

Scientific conference (2009, November 06)

Detailed reference viewed: 9 (1 ULg)
See detailUnequal wages for equal utilities
Pestieau, Pierre ULg

Scientific conference (2009, October 09)

Detailed reference viewed: 10 (2 ULg)
See detailUnequal wages for equal utilities
Pestieau, Pierre ULg

Scientific conference (2009, October 08)

Detailed reference viewed: 10 (2 ULg)
See detailSocial and private LTC insurance with variable altruism
Pestieau, Pierre ULg

Scientific conference (2009, September 17)

Detailed reference viewed: 13 (1 ULg)
See detailWealth Taxation: a survey
Pestieau, Pierre ULg

Conference (2009, September 09)

Detailed reference viewed: 20 (2 ULg)
See detailMyopia, redistribution and pensions
Pestieau, Pierre ULg

Scientific conference (2009, June 18)

Detailed reference viewed: 13 (1 ULg)
See detailUnequal wages for equal utilities
Pestieau, Pierre ULg

Scientific conference (2009, June 17)

Detailed reference viewed: 10 (1 ULg)
See detailMyopia, redistribution and pensions
Pestieau, Pierre ULg

Conference (2009, June 15)

Detailed reference viewed: 16 (0 ULg)
See detailUnequal wages for equal utilities
Pestieau, Pierre ULg

Scientific conference (2009, June 11)

Detailed reference viewed: 9 (3 ULg)
See detailSocial and private LTC insurance with variable altruism
Pestieau, Pierre ULg

Conference (2009, May 14)

Detailed reference viewed: 11 (0 ULg)
See detailTagging with leisure needs
Pestieau, Pierre ULg

Conference (2009, May 14)

Detailed reference viewed: 7 (0 ULg)
See detailSocial insurance and redistribution
Pestieau, Pierre ULg

Conference (2009, March 31)

Detailed reference viewed: 18 (1 ULg)
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See detailForced Saving, Redistribution, and Nonlinear Social Security Schemes
Cremer, Helmuth; De Donder, Philippe; Maldonado, Dario et al

in Southern Economic Journal (2009), (76), 86-98

This paper studies the design of nonlinear social security schemes when individuals differ in productivity and in their degree of myopia. Myopic individuals may not save ‘‘enough’’ for their retirement ... [more ▼]

This paper studies the design of nonlinear social security schemes when individuals differ in productivity and in their degree of myopia. Myopic individuals may not save ‘‘enough’’ for their retirement. The welfare function is paternalistic: The rate of time preference of the farsighted is used for both types. We show that the solution does not necessarily imply forced savings for the myopics: Paternalistic considerations are mitigated by incentive effects. Numerical results suggest that as the proportion of myopic individuals increases, there is less redistribution and more forced saving, and the desirability of social security increases. [less ▲]

Detailed reference viewed: 28 (5 ULg)