We provide a computational economics seminar at the University of Mannheim since two years. An introduction to numerics is given in around six sessions where we present the first six technical chapters of Miranda/Fackler: Applied Computational Economics and Finance (linear and nonlinear systems,...

We present a quantitative analysis of the effects of population aging and pension reform on international capital markets. First, demographic change alters the time path of aggregate savings within each country. Second, this process may be amplified when a pension reform shifts old-age provision...

We present an optimal (Ramsey) social security policy analysis in the presence of demographic uncertainties and incomplete markets. According to our findings, a social security system is an efficient instrument for intergenerational risk-sharing. When compared with government debt, a...