Showing 1 - 10 of 76
Increasing longevity causes an upward trend in the dependency ratio in many countries. This raises concerns about the financial sustainability of social security schemes, and reform initiatives and proposals abound. It is shown that a fundamental policy choice inevitably arises since a given...
Persistent link: https://www.econbiz.de/10013317447
research project called AGIR. The project tries to establish facts and evidence on the ageing process in EU countries and … relate this process with health and retirement issues. Five dimensions of the ageing process have been considered: population …, mortality, longevity, lifecourses and morbidity. Conventionally measured ageing can be caused by low fertility and longer lives …
Persistent link: https://www.econbiz.de/10005094195
We construct an overlapping generations model for the small open economy whichincorporates a realistic description of the mortality process. Agents engage in educational activities at the start of life and thus create human capital to be used later on in life for production purposes. Depending...
Persistent link: https://www.econbiz.de/10005094204
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/10005094360
This paper attempts to paint a coherent picture of the effects of ageing on a small, open, economy with large pension … equilibrium model with institutional details. We find that ageing leads to a tighter labor market, increasing costs for both … burden of ageing is the eventual size of the increase in labor market participation of older workers. The intergenerational …
Persistent link: https://www.econbiz.de/10005181308
The paper examines the effects of ageing and makes a case for partial pre-funding of pensions. The argument is based on …
Persistent link: https://www.econbiz.de/10005181396
In this paper we address the question whether in case of population ageing a transition from an unfunded to a more …
Persistent link: https://www.econbiz.de/10005181653
In this paper we model an OLG-economy where labour supply is endogenously determined and where we assume that there are two pension systems, namely, a pay-as-you-go system and a funded system. The main question is whether there is an equilibrium involving an old-age pensions system, partly...
Persistent link: https://www.econbiz.de/10005405810
With the ageing of the European population, the housing choices of the elderly will have consequences on the whole … housing market. In this paper we use data from the first two waves of the Survey of Health, Ageing and Retirement in Europe …
Persistent link: https://www.econbiz.de/10008833901
We analyze the short and long run effects of demographic ageing—increased longevity and reduced fertility—on per … to demographic ageing and per-capita growth to accelerate. If the retirement age were held constant, the growth rate in …
Persistent link: https://www.econbiz.de/10008853852