Policy uncertainty and information flows
Autor(a) principal: | |
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Data de Publicação: | 2023 |
Outros Autores: | , , |
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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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 |
dc.type.status.fl_str_mv |
info:eu-repo/semantics/publishedVersion |
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info:eu-repo/semantics/article |
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article |
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publishedVersion |
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http://hdl.handle.net/10362/163539 |
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eng |
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eng |
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0013-0133 PURE: 47734373 https://doi.org/10.1093/ej/ueac050 |
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info:eu-repo/semantics/openAccess |
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openAccess |
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RCAAP |
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Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
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Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
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Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
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