By Sebastian Köhne I study life-expectancy inequality in a Mirrleesian life-cycle framework with pension-linked fiscal externalities and private retirement saving. Heterogeneous longevity affects optimal redistribution by changing both the expected fiscal cost of pension benefits and the mapping from disposable income into social marginal welfare. I derive an ABCD optimal tax formula that incorporates these […]

By Clara Andresciani, Debora Di Gioacchino & Laura Sabani This paper revisits the “decongestion effect” argument, according to which greater reliance on privately financed healthcare relieves pressure on public services. We develop a probabilistic voting model in which individuals, who differ in income, may purchase tax-deductible private health insurance, thereby gaining access to private care […]

By Xueyao Que, Zhen Wang & Chu Chen Against the backdrop of rapid population ageing and the ongoing expansion of China’s multi-tiered pension insurance system, understanding how to promote household risk investment has become increasingly important for fostering the development of the silver economy and improving household wealth allocation. Using data from the 2019 China […]

Major pension funds managing hundreds of billions of dollars have cut their holdings in US stocks as concerns grow over high valuations and the heavy concentration of artificial intelligence companies in the market. Pension schemes including Australia’s $260 billion Australian Retirement Trust, Canada’s $388 billion La Caisse, and the UK’s £45 billion People’s Pension now […]

India’s Department of Pension and Pensioners’ Welfare will convene the 17th Pension Adalat on 5 October 2026 at the Indian Institute of Public Administration in New Delhi. Chaired by Dr Jitendra Singh, Minister of State for Personnel, Public Grievances and Pensions, the session will focus on resolving 897 pending grievances lodged by super senior pensioners […]

Pensions serve as the main income stream for older adults throughout Europe. Approximately two-thirds of pensioners’ earnings within the European Union come from government transfers. As of 2025, individuals over 65 in 28 European countries receive around 86% of the average wage. However, this figure drops below 70% in the Baltic states. Belgium, Denmark, and […]

Population aging and shortages of long-term care workers have increased interest in care-giving robots and information and communication technology (ICT). This paper provides novel large-scale evidence on older individuals’ perceptions of such technologies, drawing on a custom-designed internet survey of 4,314 Japanese individuals aged 55 to 75. Respondents choose between two otherwise identical nursing homes: […]