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of the model. A second section describes the situation of pensioners of successive cohorts : retirement age, distribution …
Persistent link: https://www.econbiz.de/10009001127
Exploring the economic consequences of demographic changes is often carried out within simple accounting frameworks. Such approaches consist of projecting the impact of ageing on social security expenditures under exogenous assumptions about economic growth, productivity, wages and employment....
Persistent link: https://www.econbiz.de/10009003482
The aim of this paper is to build and estimate a macroeconomic model of credit risk for the French manufacturing sector. This model is based on Wilson's CreditPortfolioView model (1997a, 1997b); it enables us to simulate loss distributions for a credit portfolio for several macroeconomic...
Persistent link: https://www.econbiz.de/10008509927
This paper re-examines the effects of population aging and pension reforms in an OLG model with labor market frictions. The most important feature brought about by labor market frictions is the connection between the interest rate and the unemployment rate. Exogenous shocks (such as aging)...
Persistent link: https://www.econbiz.de/10009283379
We build on the DSGE literature to propose an overlapping generation model for Luxembourg. By way of illustration, the model is then used to study the consequences of the ageing of the population and the potential effects of alternative macroeconomic policies.
Persistent link: https://www.econbiz.de/10009276981
French Abstract: Les Cahiers du Centre reprennent ici plusieurs des interventions du colloque du 22 mars dernier organisé par le Club des Investisseurs de Long Terme en liaison avec le World Pension Forum sur la réforme des retraites en France dont le programme, malgré les grèves ce...
Persistent link: https://www.econbiz.de/10012915556
finance pensions. During the retirement, a part of the amount of the pension is exogenous and the other part is linked to the …
Persistent link: https://www.econbiz.de/10005792620
While a new retirement pension reform is currently discussed in France, it is crucial to evaluate previous reforms. Up … impact of this reform on the retirement behaviour of public secondary-school teachers. On the one hand, the reform has had an … impact on the retirement behaviour of secondary-school teachers who still work at 60. The probability to retire between 60 …
Persistent link: https://www.econbiz.de/10008539957
The Destinie model is a dynamic microsimulation model that has been developed and used at the French national statistical institute (INSEE) since the mid-1990s and whose main application is the analysis of pension policies. The paper presents the new version of the model that is progressively...
Persistent link: https://www.econbiz.de/10008539981
Mens and womens pensions and retirement ages remain very different, even if this gap has been closing (slowly) for the …
Persistent link: https://www.econbiz.de/10008539994