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Andersen, Torben M. - 2005

Many countries face the problem of how to reform social security systems to cope with increasing life expectancy. This raises questions concerning both distribution and risk sharing across generations. These issues are addressed within an OLG model with stochastic life expectancy across...

Persistent link: https://www.econbiz.de/10010261356

Population Aging, Retirement, and Aggregate Productivity

Gründler, Klaus; Potrafke, Niklas - 2023

automation potential is low. Economic aging also impedes the creation of innovation at the technological frontier …

Persistent link: https://www.econbiz.de/10014345627

The Impact of Product and Labour Market Reform on Growth : Evidence for OECD Countries Based on Local Projections

de Haan, Jakob - 2020

This paper examines the impact of labour and product market reforms on economic growth in 25 OECD countries between 1985 and 2013, and tests whether this impact is conditioned by the fiscal policy stance, i.e. whether there are fiscal expansions or adjustments. Our local projection results...

Persistent link: https://www.econbiz.de/10012829322

Joint Retirement of Couples : Evidence from Discontinuities in Denmark

García-Miralles, Esteban; Leganza, Jonathan M. - 2021

We study how social security influences the retirement behavior of couples. First, we exploit over two decades of full-population data and a discontinuity design to document sizable retirement spillovers to spouses when individuals reach pension eligibility age. Next, we explore underlying...

Persistent link: https://www.econbiz.de/10013219057

Occupations Shape Retirement Across Countries

Sauré, Philip U.; Seibold, Arthur; Smorodenkova, Elizaveta - 2023

We study how occupations shape individual and aggregate retirement behavior. First, we document large differences in individual retirement ages across occupations in U.S. data. We then show that retirement behavior among European workers is strongly correlated with U.S. occupational retirement...

Persistent link: https://www.econbiz.de/10014358043

Retirement, pensions, and ageing

Heijdra, Ben J.; Romp, Ward E. - 2007

We study the effects of demographic shocks and changes in the pension system on the macroeconomic performance of an advanced small open economy. An overlapping-generations model is constructed which includes a realistic description of the mortality process. Individual agents choose their optimal...

Persistent link: https://www.econbiz.de/10010264112

Ageing and productivity growth: are there macro-level cohort effects of human capital?

Werding, Martin - 2008

Slower growth of the labour force and an increase in old-age dependency will reduce the growth of aggregate output and output per capita in many developed countries. However, a major question is whether there is any systematic link between demographics and the productivity of those who will...

Persistent link: https://www.econbiz.de/10010264296

Aging and Health Care Expenditures : A Non-Parametric Approach

Lorenz, Normann - 2020

One of the most important controversies in health economics concerns the question whether the imminent aging of the … expenditures of the high age classes and thus overstates the increase of future HCE due to aging. Secondly, we show that the non … find that population aging will in fact contribute to rising HCE in the coming decades. We also find that the impact of …

Persistent link: https://www.econbiz.de/10012836935

Why forcing people to save for retirement may backfire

Buetler, Monika; Huguenin, Olivia; Teppa, Federica - 2005

If individuals are unable or unwilling to borrow, a higher than desired second pillar pension capital may induce people to retire earlier than they would have in the absence of such a scheme. Individuals thus leave the workforce as soon as the retirement income is deemed sufficient and the...

Persistent link: https://www.econbiz.de/10010261184

Endogenous pensions and retirement behavior

Filer, Randall; Honig, Marjorie - 2005

This paper suggests that pension characteristics are simultaneously determined along with workers? retirement ages. Both the age of pension eligibility and actual retirement age are determined by the productivity and marginal disutility of work, factors that are influenced by worker and job...

Persistent link: https://www.econbiz.de/10010261338

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