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From bismarck to beveridge: the other pension reform in Spain
Conde-Ruiz, J. Ignacio; González, Clara I. - Banco de España - 2014
most developed countries, including in Spain. Many countries need to introduce reforms of their pension systems in order to … cannot be readily perceived by the population. That is why some economists in Spain refer to it as the “Silent Reform”. The … aim of this paper is to analyse the consequences this type of reform would have in Spain; indeed, it is the first paper to …
Persistent link: https://www.econbiz.de/10010862282
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Social Security Policy with Public Debt in an Aging Economy
Ono, Tetsuo - Center for Intergenerational Studies, Institute of … - 2002
This paper analyzes a social security policy with public debt in an overlapping generations growth model. In particular, the paper considers a situation in which population aging causes a heavy burden of social security payments where public debt is issued by the government to finance the...
Persistent link: https://www.econbiz.de/10005018473
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Population Ageing and Pension Reform in a Small Open Economy with Non-Traded Goods
Bettendorf, Leon; Heijdra, Ben - Tinbergen Institute - 2005
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/10005144537
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Pension reform, employment by age and long-run growth
BUYSE, Tim; HEYLEN, Freddy; KERCKHOVE, Renaat VAN DE - Institut de Recherche Économique et Sociale (IRES), … - 2011
We study the effects of pension reform in a four-period OLG model for an open economy where hours worked by three active generations, education of the young, the retirement decision of older workers, and aggregate per capita growth, are endogenous. Next to the characteristics of the pension...
Persistent link: https://www.econbiz.de/10009350367
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Pension reform, employment by age, and long-run growth
Buyse, Tim; Heylen, Freddy; Kerckhove, Renaat Van de - In: Journal of Population Economics 26 (2013) 2, pp. 769-809
We study the effects of pension reform on hours worked by three active generations, education of the young, the retirement decision of older workers, and aggregate growth in a four-period OLG model. The model explains important facts well for many OECD countries. Our simulation results prefer an...
Persistent link: https://www.econbiz.de/10010845526
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Social security policy with public debt in an aging economy
Ono, Tetsuo - In: Journal of Population Economics 16 (2003) 2, pp. 363-387
This paper analyzes a social security policy with public debt in an overlapping generations growth model. In particular, the paper considers a situation in which population aging causes a heavy burden of social security payments where public debt is issued by the government to finance the...
Persistent link: https://www.econbiz.de/10005622318
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Пенсионная реформа и межпоколенческий альтруизм в моделях экономической динамики
Surkov, Alexander - Volkswirtschaftliche Fakultät, … - 2009
A complexity of a pension reform realization in a country with high level of intergenerational altruism is considered as a reason of a failure of the pension reform in Russia. Differences between intergenerational altruism levels in Russia and more modernized western countries are discussed....
Persistent link: https://www.econbiz.de/10008765902
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Pension reform in an OLG model with heterogeneous abilities
BUYSE, T.; HEYLEN, F.; KERCKHOVE, R. VAN DE - Faculteit Economie en Bedrijfskunde, Universiteit Gent - 2012
We study the effects of pension reform in a four-period OLG model for an open economy where hours worked by three active generations, education of the young, the retirement decision of older workers, and aggregate growth, are all endogenous. Within each generation we distinguish individuals with...
Persistent link: https://www.econbiz.de/10011083164
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Pensions and fertility: a simple proposal for reform
BUYSE, TIM - Faculteit Economie en Bedrijfskunde, Universiteit Gent - 2014
This paper evaluates the effects of a parametric adjustment to an earnings-related PAYG pension system. We show that a simple but ‘intelligent’ reform, in which the calculation of the pension base is changed, may result not only in more employment and growth, but also in an increase in...
Persistent link: https://www.econbiz.de/10011083178
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Population Ageing and Pension Reform in a Small Open Economy with Non-Traded Goods
Bettendorf, Leon; Heijdra, Ben - Tinbergen Instituut - 2005
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/10011257545