Pension reforms in an aging society : a fully displayed cohort model

András Simonovits

We fully display a cohort model of an economy with an aging population, taking into account varying family size, habit formation, inheritance and credit constraints. Filling the model with numbers, we are able to compare different pension reforms: 1. the base run, 2. the reduced accrual rates, 3. replacing wage indexation with price indexation and 4. raised retirement age. Whether the policy changes are anticipated or not, the private reactions widely differ. -- population aging ; pension models ; pension reforms

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Year of publication:	2009
Authors:	Simonovits, András
Publisher:	Budapest
Subject:	Rentenreform \| Pension reform \| Altersvorsorge \| Retirement provision \| Alternde Bevölkerung \| Aging population \| Theorie \| Theory

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Extent:	Online-Ressource (33 S.)
Series:	Mu̐helytanulmányok / Magyar Tudományos Akadémia, Közgazdaságtudományi Intézet. - Budapest : [Verlag nicht ermittelbar], ISSN 1785-377X, ZDB-ID 2276849-X. - Vol. 2009/17
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Arbeitspapier ; Working Paper ; Graue Literatur ; Non-commercial literature
Language:	English
Notes:	Zsfassung in ungar. Sprache Systemvoraussetzungen: Acrobat Reader Parallelsacht.: Nyugdíjreformok egy öregedő társadalomban
ISBN:	978-963-9796-74-4
Other identifiers:	hdl:10419/108165 [Handle]
Classification:	H1 - Structure and Scope of Government ; H5 - National Government Expenditures and Related Policies ; H6 - National Budget, Deficit, and Debt
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10003919647