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NDC schemes and the labor market: issues and options

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dc.contributor.author Holzmann, Robert
dc.contributor.author Robalino, David
dc.contributor.author Hernan, Winkler
dc.date.accessioned 2019-08-01T07:20:43Z
dc.date.available 2019-08-01T07:20:43Z
dc.date.issued 2019-08-01
dc.identifier.citation Holzmann R., Robalino D., Winkler H. (2019), NDC schemes and the labor market: issues and options, Roma, INAPP, WP, n. 25 <https://oa.inapp.org/xmlui/handle/20.500.12916/462> en_US
dc.identifier.uri https://oa.inapp.org/xmlui/handle/20.500.12916/462
dc.description.abstract Defined contribution (DC) schemes – whether unfunded or funded – are often considered superior to defined benefit (DB) schemes in their ability to address labor market issues, particular in encouraging formal employment and delayed retirement. Conceptually, the assessment is based on superior incentives to work and save. Yet economic and social realities are more complex. This paper explores design and labor market conditions that potentially constrain DC schemes. The paper concludes that to achieve their conceptual potential, DC schemes require design innovations, including a better integration of basic provisions and complementary labor policies that promote job creation in the formal sector and expand job opportunities during old age. en_US
dc.language.iso en en_US
dc.subject Invecchiamento della popolazione en_US
dc.subject Mercato del lavoro en_US
dc.subject Pensionamento en_US
dc.title NDC schemes and the labor market: issues and options en_US
dc.type Working Paper en_US
dc.type.relation Working Paper;

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