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Short-time work and precautionary savings
Dengler, Thomas; Gehrke, Britta - 2021
, which mitigates their precautionary savings motive and aggregate demand falls by less. Using a quantitative model analysis …
Persistent link: https://www.econbiz.de/10012517675
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Short-Time Work and Precautionary Savings
Gehrke, Britta; Dengler, Thomas - 2022
risk of workers, which mitigates their precautionary savings motive. Using a quantitative model analysis, we show that this …
Persistent link: https://www.econbiz.de/10014079142
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Short-time work and precautionary savings
Dengler, Thomas; Gehrke, Britta - 2022
risk of workers, which mitigates their precautionary savings motive. Using a quantitative model analysis, we show that this …
Persistent link: https://www.econbiz.de/10013332143
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The Impact of Rapid Aging and Pension Reform on Savings and the Labor Supply
He, Hui - 2019
We study, both empirically and quantitatively, the role of savings and the labor supply inself-insurance channels over … social security benefits for the period 1995-2009. We find that both savings and the labor supply are quantitatively … adjustment to savings and labor supply have significant macroeconomic implications. Applying the model to China, we find that the …
Persistent link: https://www.econbiz.de/10012888767
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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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Social security and the interactions between aggregate and idiosyncratic risk
Harenberg, Daniel; Ludwig, Alexander - 2014 - This version: March 20, 2014
-cycle because retirement savings contain the history of idiosyncratic and aggregate shocks. We show that this leads to risk …
Persistent link: https://www.econbiz.de/10010359333
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Social security and the interactions between aggregate and idiosyncratic risk
Harenberg, Daniel; Ludwig, Alexander - 2014 - This Version: July 9, 2014
-cycle because retirement savings contain the history of idiosyncratic and aggregate shocks. We show that this leads to risk …
Persistent link: https://www.econbiz.de/10010374428
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Sharing Demographic Risk : Who is Afraid of the Baby Bust?
Ludwig, Alexander - 2009
We model the optimal reaction of a public PAYG pension system to demographic shocks. We compare the ex-ante first best and second best solution of a Ramsey planner with full commitment to the outcome under simple third best rules that mimic the pension systems observed in the real world. The...
Persistent link: https://www.econbiz.de/10013157425
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Social Security and the Interactions between Aggregate and Idiosyncratic Risk
Harenberg, Daniel - 2014
-cycle because retirement savings contain the history of idiosyncratic and aggregate shocks. We show that this leads to risk …
Persistent link: https://www.econbiz.de/10013056438
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Social Security and the Interactions between Aggregate and Idiosyncratic Risk
Harenberg, Daniel - 2014
-cycle because retirement savings contain the history of idiosyncratic and aggregate shocks. We show that this leads to risk …
Persistent link: https://www.econbiz.de/10013056696