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Unskilled Migration : A Burden or a Boon for the Welfare State
Razin, Assaf; Sadka, Efraim - 2021
relatively low earners, migrants are net beneficiaries of the fiscal system. However, the paper shows that with a pay … holds even though the migrants are net consumers of the pension system; they give to it less than they take from it. The pro … affected, and the factor price effects can dwarf the effects of the migrants' giving to or taking from the welfare state on the …
Persistent link: https://www.econbiz.de/10013244737
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The Future of Social Security Pensions in Europe
Feldstein, Martin S. - 2021
This paper discusses a possible solution to the double problem that faces European governments in dealing with the future of Social Security pensions. Like other governments around the world, they must deal with the rising cost of pensions that will result from the increasing life expectancy of...
Persistent link: https://www.econbiz.de/10013240942
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Immigration, Jobs and Employment Protection : Evidence from Europe
D’Amuri, Francesco - 2011
In this paper we analyze the effect of immigrants on native jobs in fourteen Western European countries. We test whether the inflow of immigrants in the period 1996-2007 decreased employment rates and/or if it altered the occupational distribution of natives with similar education and age. We...
Persistent link: https://www.econbiz.de/10013123669
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Aging, Saving, and Public Pensions in Japan
Horioka, Charles Yuji - 2007
We analyze the impact of population aging on Japan's household saving rate and on its public pension system and the impact of that system on Japan's household saving rate and obtain the following results: first, the age structure of Japan's population can explain the level of, and past and...
Persistent link: https://www.econbiz.de/10012776458
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Demographic Change, Social Security Systems, and Savings
Bloom, David E. - 2010
In theory, improvements in healthy life expectancy should generate increases in the average age of retirement, with little effect on savings rates. In many countries, however, retirement incentives in social security programs prevent retirement ages from keeping pace with changes in life...
Persistent link: https://www.econbiz.de/10012760611
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Financing Consumption in an Aging Japan : The Role of Foreign Capital Inflows in Immigration
Dekle, Robert - 2021
We project the impact of demographic change on Japanese capital flows by simulating the impact of population aging on Japanese saving and investment rates. As aging depresses saving rates, in our baseline projections, we show that by 2015, foreign capital inflows will comprise about 15 percent...
Persistent link: https://www.econbiz.de/10013223178
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Generational Accounting in Korea
Auerbach, Alan J.; Chun, Young-Jun - 2021
This paper reassesses the long-term fiscal position of Korea using Generational Accounting, modified to reflect the special features of the Korean fiscal situation, such as prospective changes in public pension benefit profiles and social welfare expenditures due to the maturing of public...
Persistent link: https://www.econbiz.de/10013233719
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Simulating Alternative Social Security Responses to the Demographic Transition
Auerbach, Alan J.; Kotlikoff, Laurence J. - 2021
The U.S. and other western economies are experiencing dramatic changes in growth and age structure of their populations. Fluctuations in birth rates are the most important determinants of these changes in the post war period. This paper examines the dynamic effects of baby "booms" and...
Persistent link: https://www.econbiz.de/10013249582
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Old Europe Ages : Reforms and Reform Backlashes
Börsch-Supan, Axel H. - 2010
The extent of the demographic changes in Europe is dramatic and will deeply affect future labor, financial and goods markets. The expected strain on public budgets and especially social security has already received prominent attention, but aging poses many other economic challenges that...
Persistent link: https://www.econbiz.de/10013147613
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Why Retirement, Social Security, and Age Discrimination Policies Need to Consider the Intersectional Experiences of Older Women
Burn, Ian; Button, Patrick; Figinski, Theodore F.; … - 2022
We provide an overview of research that indicates that older women face unique challenges and opportunities with respect to work, retirement, Social Security, and age discrimination law. We present estimates of poverty by age and sex, showing that poverty increases with age for women due to...
Persistent link: https://www.econbiz.de/10013309795