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Demography and provisions for retirement : the pension composition, a behavioral approach
Praag, Bernard M. S. van; Hop, J. Peter - 2020
interests of the different groups are only partly coinciding. For a given demography and interest rate, the joint result of the … in the capital market with a corresponding equilibrium interest rate. In this paper we assume a demography with one … determined by the demography and cannot be modified at will as a long-term political instrument. We find that this is relevant …
Persistent link: https://www.econbiz.de/10012154725
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Demography and income in the 21st century : a long-run perspective
Brakman, Steven; Kohl, Tristan; Marrewijk, Charles van - 2024
demographic dividend to income projections. Our findings are as follows. First, show that historically the impact of demography on …
Persistent link: https://www.econbiz.de/10014529194
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Does demography determine democratic attitudes?
Kotschy, Rainer; Sunde, Uwe - 2022
This paper presents new evidence on how demography affects attitudes toward democracy and policy preferences. The … light on the role of demography in terms of life-cycle and cohort effects for political attitudes. …
Persistent link: https://www.econbiz.de/10012803695
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Pension reform preferences in Germany : does information matter?
Schuetz, Jana; Übelmesser, Silke; Baginski, Ronja; … - 2022
Demographic change has an impact on pay-as-you-go pension systems. To maintain their financial sustainability, reforms are necessary, but often lack public support. Based on representative survey data from Germany, we conduct a survey experiment which allows investigating whether salience of or...
Persistent link: https://www.econbiz.de/10013440454
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Longevity shocks with age-dependent productivity growth
Heijdra, Ben J.; Reijnders, Laurie S. M. - 2015
The aim of this paper is to study the long-run effects of a longevity increase on individual decisions about education and retirement, taking macroeconomic repercussions through endogenous factor prices and the pension system into account. We build a model of a closed economy inhabited by...
Persistent link: https://www.econbiz.de/10010528342
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Demographics and volatile social security wealth : political risks of benefit rule changes in Germany
Borgmann, Christoph; Heidler, Matthias - 2003
In this paper we address the question how the generosity of the benefit rule of the German public pension system has changed during the past three decades and how this development can be explained by demographic changes. Firstly, we illustrate the political risk of benefit rule changes for...
Persistent link: https://www.econbiz.de/10011509416
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Explaining the decline in the US labor share : taxation and automation
Heer, Burkhard; Irmen, Andreas; Süssmuth, Bernd - 2022
This study provides evidence for the US that the secular decline in the labor share is not only explained by technical change or globalization, but also by the dynamics of factor taxation, automation capital (robots), and population growth. First, we empirically find indications of...
Persistent link: https://www.econbiz.de/10013206154
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Does emigration drain entrepreneurs?
Anelli, Massimo; Basso, Gaetano; Ippedico, Giuseppe; … - 2020
Emigration of young, motivated individuals may deprive countries-of-origin of entrepreneurs. We isolate exogenous variation in a large emigration wave from Italy between 2008 and 2015 by interacting diaspora networks with economic pull factors in destination countries, and find that larger...
Persistent link: https://www.econbiz.de/10012238448
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Endogenous longevity and optimal tax progressivity
Heer, Burkhard; Rohrbacher, Stefan - 2020
We study the impact of endogenous longevity on optimal tax progressivity and inequality in an overlapping generations model with skill heterogeneity. Higher tax progressivity decreases both the longevity gap and net income inequality, but at the expense of lower average lifetime and lower...
Persistent link: https://www.econbiz.de/10012312268
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Population growth and carbon emissions
Casey, Gregory; Galor, Oded - 2016
We provide evidence that lower fertility can simultaneously increase income per capita and lower carbon emissions, eliminating a trade-off central to most policies aimed at slowing global climate change. We estimate the effect of lower fertility on carbon emissions accounting for the fact that...
Persistent link: https://www.econbiz.de/10011569606