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Long-term outlook for the German statutory pension system
Schön, Matthias - 2020
This paper presents long term projections of the German pension system that are based on a general equilibrium model with overlapping generations (OLG). This framework takes into account the two way feedback of both micro and macroeconomic relationships, meaning that households, for example,...
Persistent link: https://www.econbiz.de/10012197894
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The labor market effect of demographic change : alleviation for financing social security
Friese, Max - 2015 - Revised version
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...
Persistent link: https://www.econbiz.de/10011300641
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Differing prospects for women and men : young old-age, old old-age, and elder care
Shaw, Louis B. (contributor) - 2006
Although elderly men and women share many of the same problems as they age, their lives are likely to follow different courses. Women are more likely than men to live into old old-age and are more likely to spend part of their young old-age caring for husbands or parents. By providing this...
Persistent link: https://www.econbiz.de/10003720540
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'So Pensions in Europe Will Remain Sustainable - But Will They Remain Adequate?' - An Assessment of the Consequences of the AWG Projections on the Adequacy of Social Security Pensi...
Buslei, Hermann - 2014
only for the sustainability but also for the adequacy of social security schemes, including pensions. Our paper aims at … assessing the consequences of the Ageing Working Group projections on the adequacy of social security pensions. We use a … rate, the redistributive impact of pensions and the different risks of poverty. Pension beneficiaries are compared to wage …
Persistent link: https://www.econbiz.de/10013066767
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Demographic change and the German current account surplus
Schön, Matthias - 2020
This paper shows that demographic change plays an important role in the formation of a country's net foreign asset position. An ageing population both lowers the demand and increases the supply of capital in an economy. Fewer workers reduce the required capital stock. As a longer life span leads...
Persistent link: https://www.econbiz.de/10012406006
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Demographic change and the German current account surplus
Schön, Matthias - 2019 - Preliminary version
This paper analyses whether the severe demographic change in Germany causes its high current account surpluses. An ageing population both increases the supply and lowers demand of capital in an economy. Due to a longer life span individuals save more. Fewer workers reduce the optimal capital...
Persistent link: https://www.econbiz.de/10012266985
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Demographic Changes and Long-Term Pension Finances in Germany : Basic Premiums on Wages and Salaries, Working Capital or Added Value?
Scholtz, Hellmut D. - 2008
The paper shows the fundamentals of social security funds and discusses possible solutions of it's long-term financing. For avoiding negative impact on economic growth and the resources of financing, contributions for the insurance fund should be taken as premiums on salaries and wages....
Persistent link: https://www.econbiz.de/10014212910
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Alterssicherung im Spannungsfeld von demographischer Entwicklung und intergenerationeller Gerechtigkeit
Lampert, Martin - 2009
Persistent link: https://www.econbiz.de/10003843950
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Savings in times of demographic change : lessons from the German experience
Börsch-Supan, Axel; Bucher-Koenen, Tabea; Coppola, Michela - In: Journal of economic surveys 29 (2015) 4, pp. 807-829
Persistent link: https://www.econbiz.de/10011382626