home The Hebrew University of Jerusalem The Robert H. Smith Faculty of Agricultural, Food and Environmental Quality Sciences
The Department of Agricultural Economics and Management

Seminar on Aging, Retirement and Pensions

Trends, Challenges and Policy

March 27-29, 2018 Leonardo Hotel Ashkelon

Tuesday, March 27

9:30-10:00 Registration and opening session

10:00-12:00 Session 1: Financial literacy (Chair: Niku Maattanen)
David Leiser (Ben Gurion University), "What Lay People Know about Pensions? Could it be Fixed with Financial Education?" [abstract] [presentation]
Uzi Segal (Boston College), "Are All 'Mistakes' Irrational?"[abstract] [presentation]
Daniel Gottlieb (National Insurance Institute and Hebrew University), "Life Expectancy and Retirement Age: Facts and Policy Considerations" [abstract][presentation]

12:00-13:00 Student session (Chair: Ayal Kimhi)
Shlomit Ortasse-Spiegel (The Hebrew University), "The Intersection Between Gender and Aging" [abstract][presentation]
Isaac Berthaus (The Hebrew University), "Life Expectancy Impact on Pension Systems" [abstract] [presentation]

13:00-14:00 Lunch

14:00-16:00 Session 2: Social security and retirement (Chair: Avia Spivak)
Laurence J. Kotlikoff (Boston University), "U.S. Tax Reform and the Labor Supply Incentives of the Elderly" [abstract] [presentation]
Rob Alessie (University of Groningen and Netspar), "Wealth at the End of Life: Evidence on Estate Planning and Bequests" [abstract] [presentation]
Itay Saporta (Tel Aviv University), Ity Shurtz (Hebrew University) and Sarit Weisburd (Tel Aviv University), "Social Security, Labor Supply and Health of Older Workers: Quasi-Experimental Evidence from a Large Reform" [abstract][presentation]

16:00-16:30 Coffee break

16:30-17:50 Session 3: Pension reforms (Chair: Peter Haan)
Avia Spivak (Ben Gurion University and Van Leer Jerusalem Institute), "A Meta-Analysis of Pension Reforms in Israel and the World" [abstract] [presentation]
Adi Brender (Bank of Israel), "Social and Labor Market Effects of the Mandatory Pension Arrangement in Israel: Are People Smarter than We Give Them Credit for?" [abstract] [presentation]

18:15-20:00 Dinner (invited speakers only)

Wednesday, March 28

9:00-11:00 Session 4: Pensions and distribution (Chair: Shirlee Lichtman-Sadot)
Niku Maattanen (ETLA - The Research Institute of the Finnish Economy), "Pension Reforms and Inequality in a Nordic Welfare State" [abstract] [presentation]
Carsten Schröder (Free University Berlin and DIW), "Distributional effects of subsidizing retirement savings accounts: Evidence from Germany" [abstract] [presentation]

11:00-11:30 Coffee break

11:30-12:50 Student session (Chair: David Leiser)
Eyal Carmel (Ben Gurion University), "How to Reduce Money Leakage During Workplace Replacement?" [abstract] [presentation]
Hernan Rosenblum (Ben Gurion University), "Naïve Perceptions about Pensions" [abstract] [presentation]
Abigail Hurwitz (The Hebrew University and College of Management), "An Investigation of Time Preferences, Life Expectancy, and Annuity Choices"[abstract] [presentation]

12:50-13:50 Lunch

13:50-15:10 Session 6: Pension funds 1 (Chair: Rob Alessie)
Moshe Gerstenhaber, Shlomo Maital and Tsipy Buchnik (Technion - Israel Institute of Technology), "A Radical Solution to Pension Funding" [abstract] [presentation]
Ofer Setty (Tel Aviv University), "On the Asset Allocation of a Default Pension Fund" [abstract] [presentation]

16:00-18:30 Social event: Tour of Beta Israel Village in Kiryat Gat
a communal-social agriculture project for Ethiopian elders

19:00-21:00 Dinner (invited speakers only)

Thursday, March 29

9:00-11:00 Session 5: Family and gender issues (Chair: Carsten Schröder)
Lilach Lurie (Tel Aviv University), "Retirement and Pension Systems: A Gender Perspective" [abstract] [presentation]
Shirlee Lichtman-Sadot (Ben-Gurion University of the Negev) and Edith Sand (Bank of Israel), "Safety Nets, Intrahousehold Bargaining and Economic Empowerment: Israel's Mandatory Pension Reform and Divorce Rates" [abstract] [presentation]
Ayal Kimhi (The Hebrew University and Shoresh Institution) and Reut Avioz (The Hebrew University), "The Labor Supply Impact of Raising the Retirement Age: Gender and Family Perspectives" [abstract] [presentation]

11:00-11:30 Coffee break

11:30-12:50 Session 7: Pension funds 2 (Chair: Lilach Lurie)
Abigail Hurwitz, Orly Sade and Eyal Winter (The Hebrew University), “Anchoring Bias in Annuity Choices: An Experimental Investigation" [abstract] [presentation]
Eytan Sheshinski (The Hebrew University and The Israel Democracy Institution) and Ido Kallir (Ono Academic College), "Who is Subsidized? Allotment of Earmarked Bonds in Pension Funds" [abstract] [presentation]

12:50-13:50 Lunch

13:50-15:50 Roundtable: Pension policy in Israel (Moderator: Orly Sade)
Ayal Kimhi (The Hebrew University and Shoresh Institution)[presentation]
Avia Spivak (Ben Gurion University and Van Leer Jerusalem Institute)
Adi Brender (Bank of Israel) [abstract]
Daniel Gottlieb (National Insurance Institute and Hebrew University)

15:50-16:20 Seminar conclusion


huji shoresh sp4

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