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The intergenerational distribution of demographic fluctuations in unfunded and funded pension systems : conference paper
Knell, Markus - 2013
In this paper I use a multi-period OLG model to study how a demographic shock is distributed among different generations. In particular, I investigate whether a funded pension system allows for a smoother adjustment than an unfunded system. The results suggest that the answer to this question...
Persistent link: https://www.econbiz.de/10010341066
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The United States Longevity Insurance Market
Webb, Anthony - 2010
This chapter documents the substantial decline in traditional sources of longevity insurance, and shows that published statistics on the individual annuity market greatly overstate its size and growth. It considers whether the decline in annuitization rates is cause for concern. It then...
Persistent link: https://www.econbiz.de/10013136187
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Actuarial deductions for rarly retirement
Knell, Markus - 2017
Persistent link: https://www.econbiz.de/10011763151
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Growth effects of age-related productivity differentials in an ageing society : a simulation study for Austria
Hofer, Helmut; Url, Thomas - 2005
variables. -- age specific productivity ; demographic change ; model simulation …We integrate age specific productivity differentials into a long-run neoclassical growth model for the Austrian economy … with a highly disaggregated labor supply structure. We assume two life time productivity profiles reflecting either small …
Persistent link: https://www.econbiz.de/10009730393
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Growth effects of age-related productivity differentials in an ageing society : a simulation study for Austria
Hofer, Helmut; Url, Thomas - 2005
Persistent link: https://www.econbiz.de/10003218957
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The role of pension systems and demographic change for asset prices and capital formation
Hillebrand, Marten (contributor) - 2007
Persistent link: https://www.econbiz.de/10003731860
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Old-age provision in transition : the case of Croatia
Werding, Martin; Primorac, Marko - 2016
The Croatian system of old-age provision comprises a traditional public pay-as-you-go scheme and a mandatory funded scheme ("second pillar") that will provide increasing amounts of supplementary pensions to those entering retirement in the future. Due to the continuing economic crisis, the...
Persistent link: https://www.econbiz.de/10011429587
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Pensions and fertility : back to the roots ; the introduction of Bismarck's pension scheme and the European fertility decline
Fenge, Robert; Scheubel, Beatrice - 2013
Fertility has long been declining in industrialised countries and the existence of public pension systems is considered as one of the causes. This paper is the first to provide detailed evidence based on historical data on the mechanism by which a public pension system depresses fertility. Our...
Persistent link: https://www.econbiz.de/10009792218
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Demographic change across the globe maintaining social security in ageing economies
Peeters, Marga; Groot, Lucas Franciscus Michaël - 2011
This paper investigates the fiscal pressure from demographic change in relation to the labour marketspace for fifty countries that cover 75% of the world population. The pressure-to-space indicator ranks Poland, Turkey and Greece high. Apart from Turkey and India, developing countries rank low...
Persistent link: https://www.econbiz.de/10011524903
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Pension programs around the world : determinants of social pension
Rudolph, Alexandra - 2016
Old-age poverty is to become one of the most pressing issues in the coming decades given the demographic trends forecasted. Particularly in developing countries this could be an obstacle to inclusive and sustainable growth as well as the fight against all forms of poverty (SDG 1), through shocks...
Persistent link: https://www.econbiz.de/10011518737