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With the retirement reform of 2010, a new element has been taking into account in simulation model on retirement: the feedback effects on the labour market, or so-called ‘distance to-retirement’ effect. The 2010 reform has increased the minimum legal age of retirement progressively from 60...
Persistent link: https://www.econbiz.de/10010707205
Persistent link: https://www.econbiz.de/10010707586
The paper discusses similarities and differences between NDC and the French and German point systems. The study focuses on how these systems differ when there is an external shock (demographic, economic, or other) and discusses the possible consequences of moving from the point system to NDC....
Persistent link: https://www.econbiz.de/10011071970
This paper assesses the impact on growth and the inter-generational redistributive effects of some possible pension reforms in France using a dynamic general equilibrium model with overlapping generations. Results suggest that a reform increasing the effective average retirement age by 1.25...
Persistent link: https://www.econbiz.de/10011166372