Showing 1 - 10 of 914
The paper analyses the impact of demographic developments on the German pension system until the year 2060. The projections are simulated for a range of assumptions on the latest demographic trends and on the labour market and comprise the latest pension legislation. As a central innovation we...
Persistent link: https://www.econbiz.de/10011782034
are necessary, but often lack public support. Based on representative survey data from Germany, we conduct a survey … reforms in general as well as towards specific reform measures. We find that salience and information provision significantly … increase the perceived reform necessity. Furthermore, salience increases preferences for an increase of the retirement age over …
Persistent link: https://www.econbiz.de/10013440454
The upcoming demographic crisis in Germany demands fundamentalreforms of the pension system. In a democracy, reforms … is not affected by the reform and the median age as the age of thepolitically decisive cohort. Until 2023, the median age …. After 2023, Germany will be characterizedby a gerontocratic system where the old decide over the young. Only the fearthat …
Persistent link: https://www.econbiz.de/10011400295
Public pay-as-you-go pensions still form the dominant pillar of old-age provision in Germany. This is in marked … recovery from the Great Recession. It has disadvantages, as Germany will be ageing very rapidly in the near future. Following a …
Persistent link: https://www.econbiz.de/10011429583
and money in their upbringing. -- Pension reform ; implicit pension taxes and subsidies ; child benefits ; fertility …
Persistent link: https://www.econbiz.de/10003820014
Germany recent reforms that aim at raising retirement age and cutting benefit levels should be complemented by increases in …
Persistent link: https://www.econbiz.de/10009375717
This paper considers the arguments for fundamental pension reform in Germany and the United States. The two countries …-benefit, retirement accounts. The paper addresses three questions that are relevant for assessing fundamental reform: (1) Should the …
Persistent link: https://www.econbiz.de/10011399275
The paper discusses the options for a reform of the German pension system using a model developed at CES for the German …
Persistent link: https://www.econbiz.de/10009781686
Based on explicit present value calculations, the paper criticizes the view that the PAYGO system wastes economic resources. In present value terms, there is nothi ng to be gained from a transition to a funded system even though the latter offers a permanently higher rate of return. The sum of...
Persistent link: https://www.econbiz.de/10009781690
German reform that increased pension wealth for mothers by an average of 4.4% per child born before January 1, 1992. Using …
Persistent link: https://www.econbiz.de/10014280148