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When will the Germans get trapped in their pension system?
Sinn, Hans-Werner; Übelmesser, Silke - 2001
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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Wann kippt Deutschland um?
Sinn, Hans-Werner; Übelmesser, Silke - In: Ifo-Schnelldienst 53 (2000) 28/29, pp. 20-25
. Das Stimmverhältnis wird dann umkippen, und Deutschland wird sich im Regime einer Gerontokratie mit problematischen …
Persistent link: https://www.econbiz.de/10001516529
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When Will the Germans Get Trapped in Their Pension System?
Sinn, Hans-Werner; Uebelmesser, Silke - 2021
The upcoming demographic crisis 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/10013236798
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When Will the Germans Get Trapped in Their Pension System?
Sinn, Hans-Werner; Uebelmesser, Silke - 2021
The upcoming demographic crisis 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/10013320801
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When Will the Germans Get Trapped in their Pension System?
Sinn, Hans-Werner - 2001
The upcoming demographic crisis 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/10012470215
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When will the Germans get trapped in their pension system?
Sinn, Hans-Werner; Übelmesser, Silke - 2001
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 …
Persistent link: https://www.econbiz.de/10011400295
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Pension reform and demographic crisis : why a funded system is needed and why it is not needed
Sinn, Hans-Werner - 1999
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
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Pension Reform and Demographic Crisis : Why a Funded System is Needed and Why it is Not Needed
Sinn, Hans-Werner - 2021
Based on explicit present value calculations, the paper criticizes the view that the PAYGO system wastes economic resources. In present value terms, there is nothing 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/10013320939
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Pension reform and demographic crisis : why a funded system is needed and why it is not needed
Sinn, Hans-Werner - 1999
Based on explicit present value calculations, the paper critizises the view theat den PAYGO system wastes economic resources. In present value terms, there is nothing 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/10013361009
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Pensions and the path to gerontocracy in Germany
Sinn, Hans-Werner; Übelmesser, Silke - In: European journal of political economy 19 (2003) 1, pp. 153-158
Persistent link: https://www.econbiz.de/10001723354