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Dass die zunehmende Alterung der Bevölkerung Deutschland in den kommenden Dekaden vor große Herausforderungen stellen … Generationenbilanz für Deutschland zu veröffentlichen. Die vorliegende Studie stellt das erste planmäßige Update dar. Es beinhaltet eine …
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Based on explicit present value calculations, the paper criticizes the view that the PAYGO system wastes economic resources. In present value terms, there is nothi ng to be gained from a transition to a funded system even though the latter offers a permanently higher rate of return. The sum of...
Persistent link: https://www.econbiz.de/10009781690
The upcoming demographic crisis in Germany demands fundamentalreforms of the pension system. In a democracy, reforms …. After 2023, Germany will be characterizedby a gerontocratic system where the old decide over the young. Only the fearthat …
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The upcoming demographic crises in Germany demands fundamental reforms of the pension system. In a democracy, reforms … enforced. After 2023, Germany will be characterized by a gerontocratic system where the old decide over the young. Only the …
Persistent link: https://www.econbiz.de/10001626054
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factor and the increase of the statutory retirement age comprehensive pension reforms have been adopted in Germany in recent … Rente mit 67 wurden in Deutschland in den letzten Jahren umfangreiche Rentenreformen verabschiedet. Diese jüngsten Maßnahmen … werden im Hinblick auf die sich abzeichnende demografische Entwicklung nicht ausreichen, die gesetzliche Rentenversicherung …
Persistent link: https://www.econbiz.de/10009234026
Presuming an ageing population, every introduction of a pay-as-you-go scheme causes intergenerational redistribution in favor of the first generations and to the burden of young and future generations. Using the concept of internal rates ofreturn we want to examine the extent to which the first...
Persistent link: https://www.econbiz.de/10003209497