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  • Schotte, Simone  (3)
  • Washington, D.C : The World Bank  (3)
  • 1
    Language: English
    Pages: 1 Online-Ressource (34 p)
    Series Statement: World Bank E-Library Archive
    Parallel Title: Erscheint auch als Schotte, Simone Why are the Elderly more Averse to Immigration When They are More Likely to Benefit? Evidence across Countries
    Abstract: Using household surveys for 24 countries over a 10-year period, this paper investigates why the elderly are more averse to open immigration policies than their younger peers. The analysis finds that the negative correlation between age and pro-immigration attitudes is mostly explained by a cohort or generational change. In fact, once controlling for year of birth, the correlation between age and pro-immigration attitudes is either positive or zero in most of the countries in the sample. Under certain assumptions, the estimates suggest that aging societies will tend to become less averse to open immigration regimes over time
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 2
    Language: English
    Pages: 1 Online-Ressource (33 p)
    Series Statement: World Bank E-Library Archive
    Parallel Title: Erscheint auch als de Mello, Luiz Greying the Budget: Ageing and Preferences over Public Policies
    Abstract: This paper looks at how individual preferences for the allocation of government spending change along the life cycle. Using the Life in Transition Survey II for 34 countries in Europe and Central Asia, the study finds that older individuals are less likely to support a rise in government outlays on education and more likely to support increases in spending on pensions. These results are very similar across countries, and they do not change when using alternative model specifications, estimation methods, and data sources. Using repeated cross-sections, the analysis controls for cohort effects and confirms the main results. The findings are consistent with a body of literature arguing that conflict across generations over the allocation of public expenditures may intensify in ageing economies
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 3
    Language: English
    Pages: 1 Online-Ressource (46 p)
    Series Statement: World Bank E-Library Archive
    Parallel Title: Erscheint auch als Bussolo, Maurizio Population Aging and Households' Saving in the Russian Federation
    Abstract: Using household data from the Russian Longitudinal Monitoring Survey, this paper assesses how aging affects saving. To overcome a systematic bias against the life-cycle hypothesis of survey data, the paper estimates how the age profile of saving changes when the micro data are corrected to account for the contribution to pensions (as additional saving) and receipt of benefits from pensions (as dissaving). With these corrections, the Russian data support the life-cycle hypothesis. A small decline in the aggregate saving rate, because of aging, can thus be expected. However, since aggregate saving rates result from a combination of age and cohort effects, this decline may not be significant. When extrapolating the rising trends of the cohort effect, the fact that younger generations are earning and saving more than older generation at the same age, the projection shows a growing aggregate saving rate. The changes in saving of future cohorts, for example because of changes in the growth rate of the economy, can affect the aggregate saving rate even more than aging
    URL: Volltext  (Deutschlandweit zugänglich)
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