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This paper analyses the impact of health, pension systems and longevity on savings. It uses a simple life-cycle model embodying social transfers (health care and pension expenditures) and changes in longevity to determine the level of household savings. From this model, we derived an econometric...
Persistent link: https://www.econbiz.de/10010779372
ageing-consumption, an ageing-saving, a saving-capitalisation and a saving-longevity puzzles have been put forward in the …
Persistent link: https://www.econbiz.de/10010706497
This paper analyses the impact of welfare systems and longevity on savings. It develops a life-cycle model embodying social transfers (health care and pension expenditures) and changes in longevity to determine the level of household savings. We simulated an aggregate saving equation and derived...
Persistent link: https://www.econbiz.de/10010707305
With population ageing, fiscal consolidation has become of paramount importance for euro area countries. Consolidation … can be pursued in various ways, with different effects on potential growth, which itself will be dragged down by ageing. A … pension replacement rates and repaying public debt through a lower ratio of non ageing-related outlays to GDP, c) raising the …
Persistent link: https://www.econbiz.de/10010707309
Persistent link: https://www.econbiz.de/10010707345
With population ageing in a changing PAYG system context, our aim is to identify whether households take into account a …
Persistent link: https://www.econbiz.de/10010707504
This paper offers an integrated view of the relationships between health spending, medical innovation, health status, growth and welfare. Health spending triggers technological progress, which is a potential source of better outcomes in terms of longevity and quality of life, a direct source of...
Persistent link: https://www.econbiz.de/10010708796
Persistent link: https://www.econbiz.de/10010709023
Issu des travaux menés au cours des Rencontres économiques d'Aix-en-Provence de juillet 2009. Un état des lieux des problèmes que soulève la démographie mondiale, qui montre que deux paramètres joueront un rôle essentiel dans l'avenir : les ressources rares et le vieillissement....
Persistent link: https://www.econbiz.de/10010861400
Persistent link: https://www.econbiz.de/10010861526