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Bowen, Harry P.; Munandar, Haris; Viaene, Jean-Marie - 2007

We first demonstrate that, within a fully integrated economy (FIE) in which there is free mobility of goods and factors, each FIE member's share of total FIE output will equal its shares of the total FIE stock of each productive factor. This equal-share property implies that, if economic...

Persistent link: https://www.econbiz.de/10011343232

The limiting distribution of production in integrated economies : evidence from US states and EU countries

Bowen, Harry P.; Munandar, Haris; Viaene, Jean-Marie - 2006

We show that in a fully integrated economy, in which there is free mobility of goods and factors, each member’s share of total output will equal its shares of total stocks of productive factors (i.e., physical and human capital). We label this result the equal-share relationship. This...

Persistent link: https://www.econbiz.de/10011343242

Demographic pressure in the European Union

Peeters, Marga; Groot, Lucas Franciscus Michaël - 2012

On top of the sovereign debt crisis in the European Union, demographic change is exerting enormous pressure on public finances. We analyse four policy options: lowering pension benefits, increasing labour market participation of the native population, immigration and participation of older...

Persistent link: https://www.econbiz.de/10011526636

Labor Migration : Macroeconomic and Demographic Outlook for Europe and Neighbourhood Regions

Chojnicki, Xavier - 2009

long term consequences of migration on regions that are not at the same stage in the ageing process. Concerning the regions … does not offset the effect of ageing in these regions, leaving room for pension reforms. Concerning the regions losing … the ageing process (and is already suffering from a declining population) …

Persistent link: https://www.econbiz.de/10013160471

Aging, Pension Reform, and Capital Flows : A Multi-Country Simulation Model

Börsch-Supan, Axel H.; Winter, Joachim K.; Ludwig, … - 2009

Population aging and pension reform will have profound effects on international capital markets. First, demographic change alters the time path of aggregate savings within each country. Second, this process may be amplified when a pension reform shifts old-age provision towards more pre-funding....

Persistent link: https://www.econbiz.de/10014063605

Feed the Beast : Finance Capitalism and the Spread of Pension Privatisation in Europe

Naczyk, Marek - 2015

Why, since the mid-1980s, have so many European governments decided fiscally to support the development of private retirement savings accounts? Whereas analysts of pension reform in affluent democracies have traditionally considered the development of private pensions as a secondary outcome of...

Persistent link: https://www.econbiz.de/10013030160

The social protection system in ageing China

Cai, Fang; Du, Yang - In: Asian economic policy review : AEPR 10 (2015) 2, pp. 250-270

Persistent link: https://www.econbiz.de/10011567690

Pension reform in Belarus in the shadow of social Europe : vulnerability issues of people aged 50+ and points for improvement

Naūrodski, Sierž - 2016

The policy brief presents a review of potential effects of parametric pension reform in Belarus starting in 2017 for the population aged 50 and more in terms of unemployment, alcohol consumption, and poverty. It concludes that, despite the fact that raising the retirement age is overdue in...

Persistent link: https://www.econbiz.de/10011690961

Top-heavy load: Trouble ahead for social security systems, Introduction by Peter A. Diamond

Diamond, Peter - In: CESifo Forum 08 (2007) 3, pp. 28-36

Persistent link: https://www.econbiz.de/10011695876

Why are more redistributive social security systems smaller? : A median voter approach

Köthenbürger, Marko (contributor); … - 2005

We suggest a political economy explanation for the stylized fact that intragenerationally more redistributive social security systems are smaller. We relate the stylized fact to an "efficiency-redistribution" trade-off to be resolved by political process. The inefficiency of social security...

Persistent link: https://www.econbiz.de/10003280758

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