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Entitlement Reforms in Europe : Policy Mixes in the Current Pension Reform Process

Börsch-Supan, Axel H. - 2013

Many European countries have begun (or have announced) programs intended to reduce the growth of entitlement programs, in particular of public pensions. Current costs are high, and the pressures will increase due to population aging and negative incentive effects. This paper focuses on the...

Persistent link: https://www.econbiz.de/10013085008

Shocking Aspects of European Monetary Unification

Bayoumi, Tamim - 2007

of adjustment to these shocks are then compared to the results from US regional data. We find that the underlying shocks … are significantly more idiosyncratic across EC countries than across US regions, which may indicate that the EC will find … neighbors, experience shocks of similar magnitude and cohesion as the US regions. EC countries also exhibit a slower response to …

Persistent link: https://www.econbiz.de/10012778838

Early Determinants of Work Disability in an International Perspective

Börsch-Supan, Axel H. - 2018

benefits in the US and Europe using a harmonized data set with life history information assembled from the Survey of Health …

Persistent link: https://www.econbiz.de/10012909134

Incentive Effects of Social Security on Labor Force Participation : Evidence in Germany and Across Europe

Börsch-Supan, Axel H. - 2021

All across Europe, old age labor force participation has declined dramatically during the last decades. This secular trend coincides with population aging. The European social security systems therefore face a double threat: retirees receive pensions for a longer time while there are less...

Persistent link: https://www.econbiz.de/10013219975

Benefits and Spillovers of Greater Competition in Europe : A Macroeconomic Assesment

Bayoumi, Tamim; Laxton, Douglas; Pesenti, Paolo A. - 2021

and the US. Second, it may improve macroeconomic management by increasing the responsiveness of wages and prices to market …

Persistent link: https://www.econbiz.de/10013223084

Is Regionalism Simply a Diversion? Evidence from the Evolution of the EC and Efta

Bayoumi, Tamim; Eichengreen, Barry - 2021

This paper considers the impact on trade of preferential arrangements in Europe since the 1950s. Using a first difference version of the gravity model, we find that the EC and EFTA altered the pattern of international trade. We also find evidence of trade diversion in several cases, notably that...

Persistent link: https://www.econbiz.de/10013224188

Is There a Conflict between EC Enlargement and European Monetary Unification?

Bayoumi, Tamim; Eichengreen, Barry - 2022

. This leads us to distinguish an EC "core" (made up of Germany and its immediate neighbors) and an EC periphery (made up of …

Persistent link: https://www.econbiz.de/10013324014

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 change alters the time path of aggregate savings within each country. Second this process may be amplified when a pension reform shifts old-age provision towards more pre-funding....

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