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Earnings Test, Non-Actuarial Adjustments and Flexible Retirement

Börsch-Supan, Axel H. - 2018

In response to the challenges of increasing longevity, an obvious policy response is to gradually increase the statutory eligibility age for public pension benefits and to shut down pathways to early retirement such as special rules for women. This is, however, very unpopular. As an alternative,...

Persistent link: https://www.econbiz.de/10012918708

The Dynamics of an Aging Population : the Case of Four OECD Countries

Auerbach, Alan J.; Kotlikoff, Laurence J.; Hagemann, Robert - 2021

Demographic changes, such as those anticipated in most OECD countries, have many economics effects that impinge on a country's fiscal viability. Evaluation of the effects of associated changes in capital-labor ratios and the welfare and behavior of different generations requires the use of a...

Persistent link: https://www.econbiz.de/10013246074

Aging, Pension Reform, and Capital Flows : A Multi-Country Simulation Model

Börsch-Supan, Axel H.; Ludwig, Alexander; Winter, … - 2021

Population aging and pension reform will have profound effects on international capital markets. First, demographic … reform shifts old-age provision towards more pre-funding. Third, while the patterns of population aging are similar in most …, population aging will induce capital flows between countries. All three effects influence the rate of return to capital and …

Persistent link: https://www.econbiz.de/10013227231

U.S. Inequality, Fiscal Progressivity, and Work Disincentives : An Intragenerational Accounting

Auerbach, Alan J. - 2016

This study combines the 2013 Federal Reserve Survey of Consumer Finances data and the Fiscal Analyzer, a highly detailed life-cycle consumption-smoothing program, to a) measure ultimate economic inequality – inequality in lifetime spending power – within cohorts, b) assess fiscal...

Persistent link: https://www.econbiz.de/10012996890