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In this paper, we analyse the effects of demographic change on a PAYG pension system, financed with a defined contribution scheme. In particular we examine the relationship between retirement, fertility and pensions in a three-period overlapping generations model. We focus on both the case of...
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such benefits are partially offset by a negative aging effect. …
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such benefits are partially offset by a negative aging effect. …
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planning policies, our analysis shows that because of internal migration, the aging problem is more severe in rural areas and … to alleviate the aging problem in China. …
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first attempts to shed light on how demographic aging could shape this role. We show that, in the absence of retirement … share of total wealth in a given economy. Thus, aging is not likely to explain a recent surge in this share in some advanced … economies. Shrinking retirement annuities, however, could offset and potentially reverse these effects. We also show that aging …
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We investigate how the season of birth affects human health and aging. For this purpose, we use five waves of the … Survey of Health, Aging, and Retirement in Europe (SHARE) dataset and construct a health deficit index for 21 European … non-linear regression we find that the season effect increases with age suggesting that the speed of aging is also …
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