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ageing-consumption, an ageing-saving, a saving-capitalisation and a saving-longevity puzzles have been put forward in the …
Persistent link: https://www.econbiz.de/10010706497
Funded private pillars are well developed in many countries such as the United States, the United Kingdom, Canada, Switzerland and the Netherlands. In France, the development of occupational pension plans has been limited. However, in this country, households tend to increase their personal...
Persistent link: https://www.econbiz.de/10010706955
This paper analyses the impact of welfare systems and longevity on savings. It develops a life-cycle model embodying social transfers (health care and pension expenditures) and changes in longevity to determine the level of household savings. We simulated an aggregate saving equation and derived...
Persistent link: https://www.econbiz.de/10010707305
With population ageing, fiscal consolidation has become of paramount importance for euro area countries. Consolidation … can be pursued in various ways, with different effects on potential growth, which itself will be dragged down by ageing. A … pension replacement rates and repaying public debt through a lower ratio of non ageing-related outlays to GDP, c) raising the …
Persistent link: https://www.econbiz.de/10010707309
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With population ageing in a changing PAYG system context, our aim is to identify whether households take into account a …
Persistent link: https://www.econbiz.de/10010707504
due to ageing is relatively small. The impact of changes in practices is 3.8 times larger. Furthermore, changes in … morbidity induce savings which more than offset the increase in spending due to population ageing. …
Persistent link: https://www.econbiz.de/10010708534
This paper offers an integrated view of the relationships between health spending, medical innovation, health status, growth and welfare. Health spending triggers technological progress, which is a potential source of better outcomes in terms of longevity and quality of life, a direct source of...
Persistent link: https://www.econbiz.de/10010708796
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