This paper discusses the gap in own old-age incomes of men and women and explores the causes for these differences by means of decomposition methods using German micro-data of the survey 'Alterssicherung in Deutschland' (ASID). The Gender Pension Gap has decreased but still amounts to about 60%...

The paper shows the effect of demographic change on per capita burden of financing a PAYG social security system in the standard OLG model with frictional labor markets. Rising longevity and decreasing fertility both induce a rise in the employment level via increased capital accumulation and...

This volume addresses the most important issues of the ongoing discussion on designing social security. It provides fundamental results for pay-as-you-go social security, covers the issues of social security during demographic transition and examines the inclusion of risk aspects into the...