Narrow search
Showing 1 - 10 of 9,187
Cover Image
A historical welfare analysis of Social Security : whom did the program benefit?
Peterman, William B.; Sommer, Kamila - In: Quantitative economics : QE ; journal of the … 10 (2019) 4, pp. 1357-1399
A well‐established result in the literature is that Social Security reduces steady state welfare in a standard life cycle model. However, less is known about the historical quantitative effects of the program on agents who were alive when the program was adopted. In a computational life cycle...
Persistent link: https://www.econbiz.de/10012202816
Cover Image
The effects of financing rules in pay-as-you-go pension systems on the life and the business cycle
Scharrer, Christian - 2020
I study the impacts of financing rules for financial surpluses in pay-as-you-go pension systems on the business cycle and the life cycle in a dynamic stochastic large-scale overlapping generations model, where households take the inter-temporal links between contributions and pension benefits...
Persistent link: https://www.econbiz.de/10012253150
Cover Image
Welfare analysis of debt policy during recessions
Ogawa, Takayuki (contributor) - 2005
This paper develops an overlapping-generations model with nominal wage rigidities and examines the welfare effects of debt policy when unemployment exists. Issues of public debt stimulate aggregate consumption demand and create employment. Future generations then face both increased wage incomes...
Persistent link: https://www.econbiz.de/10003154597
Cover Image
The political setting of social security contributions in Europe in the business cycle
Pusch, Toralf; Kumpmann, Ingmar - 2011
Die Einnahmen der Sozialversicherung unterliegen dem Einfluss des Konjunkturzyklus. Soll die Beitragserhebung der … Sozialversicherung nicht prozyklisch schwanken, muss die Höhe der Beitragssätze zyklusübergreifend festgelegt werden. Diese Arbeit geht … der Frage nach, ob die Änderungen der Beitragssätze zur Sozialversicherung in europäischen Ländern diesem Grundsatz folgen …
Persistent link: https://www.econbiz.de/10009126545
Cover Image
Cyclically Neutral Generational Accounting
Bonin, Holger; Patxot, Concepcio; Souto, Guadalupe - 2013
This paper introduces a methodological innovation into Generational Accounting. By incorporating cyclically-adjusted balances into the forward-looking budget projections underlying the concept we isolate pure policy effects, which render comparisons of the fiscal sustainability indicators...
Persistent link: https://www.econbiz.de/10014151399
Cover Image
The effects of financing rules in pay-as-you-go pension systems on the life and the business cycle
Scharrer, Christian - In: German economic review : GER 22 (2021) 4, pp. 489-511
Persistent link: https://www.econbiz.de/10012705566
Cover Image
Welfare analysis of debt policy during recessions
Ogawa, Takayuki - 2005
This paper develops an overlapping-generations model with nominal wage rigidities and examines the welfare effects of debt policy when unemployment exists. Issues of public debt stimulate aggregate consumption demand and create employment. Future generations then face both increased wage incomes...
Persistent link: https://www.econbiz.de/10010332398
Cover Image
Why the split of payroll taxation between firms and workers matters for macroeconomic stability
Voigts, Simon - 2014
Conventional wisdom states that the statutory split of payroll taxation between firms and workers is of no macroeconomic relevance, because the tax incidence is fully determined by the market structure. This paper breaks with this view by establishing a theoretical link between the statutory...
Persistent link: https://www.econbiz.de/10010418878
Cover Image
The welfare cost of business cycles revisited : finite lives and cyclical variation in idiosyncratic risk
Storesletten, Kjetil; Telmer, Chris I.; Yaron, Amir - In: European economic review : EER 45 (2001) 7, pp. 1311-1339
Persistent link: https://www.econbiz.de/10001616728
Cover Image
The welfare cost of business cycles revisited : finite lives and cyclical variation in idiosyncratic risk
Storesletten, Kjetil; Telmer, Chris I.; Yaron, Amir - 2000
Persistent link: https://www.econbiz.de/10001535942