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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
Is, or should, healthcare be profitable? Over and above “private” health, does it have an effect on public health? Improved living conditions are sometimes considered to play a more important role in greater life expectancy than medicine. Even though this may have been true in the 19th...
Persistent link: https://www.econbiz.de/10011166327
This paper examines the evolution of wealth distribution in France during the urbanization process of the nineteenth century, based on a comprehensive dataset of individual inheritances. It presents a spatial decomposition between rural and urban areas, distinguishing Paris from the rest of...
Persistent link: https://www.econbiz.de/10011166469