Policy uncertainty and information flows

Detalhes bibliográficos
Autor(a) principal: Ciani, Emanuele
Data de Publicação: 2023
Outros Autores: Delavande, Adeline, Etheridge, Ben, Francesconi, Marco
Tipo de documento: Artigo
Idioma: eng
Título da fonte: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
Texto Completo: http://hdl.handle.net/10362/163539
Resumo: Delavande and Etheridge acknowledge funding from the ESRC Research Centre on Micro-Social Change (MiSoC), award number ES/S012486/1. This paper uses data from SHARE waves 1, 2, 4, 5 and 6 (DOIs: 10.6103/SHARE.w1.600, 10.6103/SHARE.w2.600, 10.6103/SHARE.w4.600, 10.6103/SHARE.w5.600, 10.6103/SHARE.w6.600; Borsch-Supan ¨ (2022a,b,c,d,e); see Borsch-Supan ¨ et al. (2013) for methodological details. In our work, we use the 6-0-0 release of the data. The SHARE data collection has been primarily funded by the European Commission through FP5 (QLK6- CT-2001-00360), FP6 (SHARE-I3: RII-CT-2006-062193, COMPARE: CIT5-CT-2005-028857, SHARELIFE: CIT4-CT2006-028812) and FP7 (SHARE-PREP: N◦211909, SHARE-LEAP: N◦227822, SHARE M4: N◦261982). Additional funding from the German Ministry of Education and Research, the Max Planck Society for the Advancement of Science, the U.S. National Institute on Ageing (U01 AG09740-13S2, P01 AG005842, P01 AG08291, P30 AG12815, R21 AG025169, Y1-AG-4553-01, IAG BSR06-11, OGHA 04-064, HHSN271201300071C) and from various national funding sources is gratefully acknowledged (see www.share-project.org)
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spelling Policy uncertainty and information flowsEvidence from pension reform expectationsDelavande and Etheridge acknowledge funding from the ESRC Research Centre on Micro-Social Change (MiSoC), award number ES/S012486/1. This paper uses data from SHARE waves 1, 2, 4, 5 and 6 (DOIs: 10.6103/SHARE.w1.600, 10.6103/SHARE.w2.600, 10.6103/SHARE.w4.600, 10.6103/SHARE.w5.600, 10.6103/SHARE.w6.600; Borsch-Supan ¨ (2022a,b,c,d,e); see Borsch-Supan ¨ et al. (2013) for methodological details. In our work, we use the 6-0-0 release of the data. The SHARE data collection has been primarily funded by the European Commission through FP5 (QLK6- CT-2001-00360), FP6 (SHARE-I3: RII-CT-2006-062193, COMPARE: CIT5-CT-2005-028857, SHARELIFE: CIT4-CT2006-028812) and FP7 (SHARE-PREP: N◦211909, SHARE-LEAP: N◦227822, SHARE M4: N◦261982). Additional funding from the German Ministry of Education and Research, the Max Planck Society for the Advancement of Science, the U.S. National Institute on Ageing (U01 AG09740-13S2, P01 AG005842, P01 AG08291, P30 AG12815, R21 AG025169, Y1-AG-4553-01, IAG BSR06-11, OGHA 04-064, HHSN271201300071C) and from various national funding sources is gratefully acknowledged (see www.share-project.org)We examine how workers' expectations about pension reform vary with proximity to reforms, information availability and worker characteristics. Using newly collected data, we find that (1) expectations about reform are revised upward by about 10 percentage points in the year prior to a reform, from a median of 50%, regardless of whether the reform is announced; (2) expectations increase more the stronger the media activity about imminent reforms; (3) the effect of information on expectations varies systematically with characteristics that proxy cognitive ability and information value; (4) expectations do not converge as a result of reform announcements or implementations.NOVA School of Business and Economics (NOVA SBE)RUNCiani, EmanueleDelavande, AdelineEtheridge, BenFrancesconi, Marco2024-02-14T22:44:29Z2023-01-012023-01-01T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfhttp://hdl.handle.net/10362/163539eng0013-0133PURE: 47734373https://doi.org/10.1093/ej/ueac050info:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2024-03-11T05:47:09Zoai:run.unl.pt:10362/163539Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-20T03:59:27.041338Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse
dc.title.none.fl_str_mv Policy uncertainty and information flows
Evidence from pension reform expectations
title Policy uncertainty and information flows
spellingShingle Policy uncertainty and information flows
Ciani, Emanuele
title_short Policy uncertainty and information flows
title_full Policy uncertainty and information flows
title_fullStr Policy uncertainty and information flows
title_full_unstemmed Policy uncertainty and information flows
title_sort Policy uncertainty and information flows
author Ciani, Emanuele
author_facet Ciani, Emanuele
Delavande, Adeline
Etheridge, Ben
Francesconi, Marco
author_role author
author2 Delavande, Adeline
Etheridge, Ben
Francesconi, Marco
author2_role author
author
author
dc.contributor.none.fl_str_mv NOVA School of Business and Economics (NOVA SBE)
RUN
dc.contributor.author.fl_str_mv Ciani, Emanuele
Delavande, Adeline
Etheridge, Ben
Francesconi, Marco
description Delavande and Etheridge acknowledge funding from the ESRC Research Centre on Micro-Social Change (MiSoC), award number ES/S012486/1. This paper uses data from SHARE waves 1, 2, 4, 5 and 6 (DOIs: 10.6103/SHARE.w1.600, 10.6103/SHARE.w2.600, 10.6103/SHARE.w4.600, 10.6103/SHARE.w5.600, 10.6103/SHARE.w6.600; Borsch-Supan ¨ (2022a,b,c,d,e); see Borsch-Supan ¨ et al. (2013) for methodological details. In our work, we use the 6-0-0 release of the data. The SHARE data collection has been primarily funded by the European Commission through FP5 (QLK6- CT-2001-00360), FP6 (SHARE-I3: RII-CT-2006-062193, COMPARE: CIT5-CT-2005-028857, SHARELIFE: CIT4-CT2006-028812) and FP7 (SHARE-PREP: N◦211909, SHARE-LEAP: N◦227822, SHARE M4: N◦261982). Additional funding from the German Ministry of Education and Research, the Max Planck Society for the Advancement of Science, the U.S. National Institute on Ageing (U01 AG09740-13S2, P01 AG005842, P01 AG08291, P30 AG12815, R21 AG025169, Y1-AG-4553-01, IAG BSR06-11, OGHA 04-064, HHSN271201300071C) and from various national funding sources is gratefully acknowledged (see www.share-project.org)
publishDate 2023
dc.date.none.fl_str_mv 2023-01-01
2023-01-01T00:00:00Z
2024-02-14T22:44:29Z
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PURE: 47734373
https://doi.org/10.1093/ej/ueac050
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