Showing 1 - 10 of 2,165
Persistent link: https://www.econbiz.de/10011695668
Like in many other OECD countries, the population will age rapidly in Germany during the next decades. This undermines the future sustainability of the current unfunded public pension system and motivates the search for reform options. The present paper aimes to evaluate some currently discussed...
Persistent link: https://www.econbiz.de/10010305754
Persistent link: https://www.econbiz.de/10011695670
Persistent link: https://www.econbiz.de/10011695678
Persistent link: https://www.econbiz.de/10011696417
Population aging will be a major determinant of long-run economic development in industrial and developing countries. The extent of the demographic changes is dramatic in some countries and will deeply affect future labor, financial and goods markets. The expected strain on public budgets and...
Persistent link: https://www.econbiz.de/10010279841
Germany and Japan. Applying an ordered logit model to individual data from representative public opinion surveys, it is … inclination towards a government-based pension system in the case of Japan but positively in Germany. Other significant influences … are the pensioner status of the respondents in Japan and their political position in the case of German data. …
Persistent link: https://www.econbiz.de/10010265720
We analyze the impact of population aging on Japan's household saving rate and on its public pension system and the … impact of that system on Japan's household saving rate and obtain the following results: first, the age structure of Japan …'s population can explain the level of, and past and future trends in, its household saving rate; second, the rapid aging of Japan …
Persistent link: https://www.econbiz.de/10010332306
We study the effect of a declining labor force on the incentives to engage in labor-saving technical change and ask how this effect is influenced by institutional characteristics of the pension scheme. When labor is scarcer it becomes more expensive and innovation investments that increase labor...
Persistent link: https://www.econbiz.de/10011422187
In this paper we study the implications of population ageing in an economy with a sizeable non-traded goods sector. To this effect a highly stylized micro-founded macro model is constructed in which the age structure of the population plays a non-trivial role. The model distinguishes separate...
Persistent link: https://www.econbiz.de/10010325541