Ce document étudie le système de retraite français et son évolution dans un contexte de vieillissement de la population. Le premier rapport présente le contexte démographique et propose des éléments d'analyse sur le système de retraite actuel. Le second rapport étudie les relations...

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 dynamic general equilibrium model with overlapping...

The heterogeneity of private-sector career paths raises many problems for estimating future retirees’pensions, which are calculated according to complex rules. Using a projection model based on typical and weighted career profiles, we can grasp the mechanisms involved and assess intra- and...

This paper discusses the impact of aging on the financial equilibrium of the Tunisian retirement system and the macroeconomic implications of reform, including a partial switch to pre-funding. We use a stylized, closed economy and an overlapping-generation model to analyze the impact of the...

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....

The present phenomenon of the changing age-structure of the population will come to a head in the next few years with the considerable mass of those over sixty. Indeed, the behaviour of this growing sector of the population is at the centre of many issues, especially regarding inheritance...

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...

While the empirical evidence tends to support some predictions of the life-cycle theory, a number of puzzles remain: an ageing-consumption, an ageing-saving, a saving-capitalisation and a saving-longevity puzzles have been put forward in the literature. This paper analyses the links between...