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Sharing demographic risk : who is afraid of the baby bust?
Ludwig, Alexander; Reiter, Michael - 2008
Persistent link: https://www.econbiz.de/10003755811
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Sharing demographic risk : who is afraid of the baby bust?
Ludwig, Alexander (contributor); Reiter, Michael (contributor) - 2008
We model the optimal reaction of a public PAYG pension system to demographic shocks. We compare the ex-ante first best and second best solution of a Ramsey planner with full commitment to the outcome under simple third best rules that mimic the pension systems observed in the real world. The...
Persistent link: https://www.econbiz.de/10003771791
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Old Europe ages : reforms and reform backlashes
Börsch-Supan, Axel; Ludwig, Alexander - 2010
Persistent link: https://www.econbiz.de/10003940127
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Public pensions, changing employment patterns, and the impact of pension reforms across birth cohorts : a microsimulation analysis for Germany
Geyer, Johannes; Steiner, Viktor - 2010
birth cohorts in Germany. The analysis is based on a rich dataset that combines household survey data from the German Socio … East Germany and for the low educated. Using simulated life cycle employment and income profiles, we project gross future … levels for East German men and women will fall dramatically among younger birth cohorts, not only because of policy reforms …
Persistent link: https://www.econbiz.de/10003942294
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Public pensions, changing employment patterns, and the impact of pension reforms across birth cohorts : a microsimulation analysis for Germany
Geyer, Johannes; Steiner, Viktor - 2010
birth cohorts in Germany. The analysis is based on a rich dataset that combines household survey data from the German Socio … East Germany and for the low educated. Using simulated life cycle employment and income profiles, we project gross future … levels for East German men and women will fall dramatically among younger birth cohorts, not only because of policy reforms …
Persistent link: https://www.econbiz.de/10003945965
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Old Europe ages : can it still prosper?
Börsch-Supan, Axel; Ludwig, Alexander - 2009
countries. France, Germany, and Italy have large pay-as-you-go pension systems and vulnerable labor markets. At the same time …
Persistent link: https://www.econbiz.de/10003901593
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Public pensions, changing employment patterns, and the impact of pension reforms across birth cohorts : a microsimulation analysis for Germany
Geyer, Johannes; Steiner, Viktor - 2010
birth cohorts in Germany. The analysis is based on a rich dataset that combines household survey data from the German Socio … East Germany and for the low educated. Using simulated life cycle employment and income profiles, we project gross future … levels for East German men and women will fall dramatically among younger birth cohorts, not only because of policy reforms …
Persistent link: https://www.econbiz.de/10003962861
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Social security and the interactions between aggregate and idiosyncratic risk
Harenberg, Daniel; Ludwig, Alexander - 2014 - This version: March 20, 2014
We ask whether a PAYG-financed social security system is welfare improving in an economy with idiosyncratic and aggregate risk. We argue that interactions between the two risks are important for this question. One is a direct interaction in the form of a countercyclical variance of idiosyncratic...
Persistent link: https://www.econbiz.de/10010359333
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Social security and the interactions between aggregate and idiosyncratic risk
Harenberg, Daniel; Ludwig, Alexander - 2014 - This Version: July 9, 2014
We ask whether a PAYG-financed social security system is welfare improving in an economy with idiosyncratic and aggregate risk. We argue that interactions between the two risks are important for this question. One is a direct interaction in the form of a countercyclical variance of idiosyncratic...
Persistent link: https://www.econbiz.de/10010374428
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Intra- und intergenerationale Umverteilungseffekte in der bundesdeutschen Alterssicherung auf Basis humankapitaltheoretischer Überlegungen
Pfeiffer, Friedhelm (contributor);  … - 2008
In der folgenden Studie möchten wir ausgewählte Aspekte von intra- und intergenerationalen Umverteilungseffekten im System der bundesdeutschen Alterssicherung auf der Basis der Humankapitalheorie mit Simulationsmethoden analysieren. Falls es das Ziel der Politik ist, die Ungleichheit des...
Persistent link: https://www.econbiz.de/10003650247