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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

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

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

When Will the Germans Get Trapped in Their Pension System?

Sinn, Hans-Werner; Übelmesser, 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

When Will the Germans Get Trapped in their Pension System?

Sinn, Hans-Werner - 2001

Persistent link: https://www.econbiz.de/10012470215

When Will the Germans Get Trapped in Their Pension System?

Sinn, Hans-Werner; Übelmesser, Silke - 2021

Persistent link: https://www.econbiz.de/10013320801

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

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

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

The Crisis of Germany's Pension Insurance System and How It Can Be Resolved

Sinn, Hans-Werner - 1999

The paper discusses the options for a reform of the German pension system using a model developed at CES for the German Council of economic advisors to the Federal Ministry of Economics and Research. It is argued that the German pay-as-you-go-system is efficient in a present value sense but will...

Persistent link: https://www.econbiz.de/10012471480