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In this paper we analyze exemplarily the volatility of the internal rates of return of the German pension system over the life-cycle of an individual born in 1957. The outcome is compared to an alternative defined-contribution or defined-benefit policy. Based on the actual data, our resultsshow...
Persistent link: https://www.econbiz.de/10010980902
In this paper we analyze exemplarily the volatility of the internal rates of return of the German pension system over the life-cycle of an individual born in 1957. The outcome is compared to an alternative defined-contribution or defined-benefit policy. Based on the actual data, our resultsshow...
Persistent link: https://www.econbiz.de/10010300850
In this paper we analyze exemplarily the volatility of the internal rates of return of the German pension system over the life-cycle of an individual born in 1957. The outcome is compared to an alternative defined-contribution or defined-benefit policy. Based on the actual data, our results show...
Persistent link: https://www.econbiz.de/10010304858
. -- Risk ; internal rate of return ; sustainability …
Persistent link: https://www.econbiz.de/10009153133
. -- risk ; internal rate of return ; sustainability …
Persistent link: https://www.econbiz.de/10003209501
expansive measures and introduces a measure aiming towards increased fiscal sustainability. The two measures consist of the … pension scheme. Both measures increase the sustainability gap by 10% of GDP and will oppose the fundamental principles of the … retirement which could potentially reduce the pension system's sustainability gap by half of the initial magnitude. …
Persistent link: https://www.econbiz.de/10012488117
expansive measures and introduces a measure aiming towards increased fiscal sustainability. The two measures consist of the … pension scheme. Both measures increase the sustainability gap by 10% of GDP and will oppose the fundamental principles of the … retirement which could potentially reduce the pension system’s sustainability gap by half of the initial magnitude. …
Persistent link: https://www.econbiz.de/10012314350
brake in the medium-run. However, the real challenge for the sustainability of Germany's public finances is still to be … current legislative period to cope with the fiscal burden of population ageing for the sustainability of Germany's public …
Persistent link: https://www.econbiz.de/10008550484
brake in the medium-run. However, the real challenge for the sustainability of Germany's public finances is still to be … current legislative period to cope with the fiscal burden of population ageing for the sustainability of Germany's public …
Persistent link: https://www.econbiz.de/10010377913
brake in the medium-run. However, the real challenge for the sustainability of Germany's public finances is still to be … current legislative period to cope with the fiscal burden of population ageing for the sustainability of Germany's public …
Persistent link: https://www.econbiz.de/10010479744