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The upcoming demographic crisis in Germany demands fundamentalreforms of the pension system. In a democracy, reforms are, however, onlyfeasible when they are supported by the majority of the electorate. Todetermine whether the majority is in favor of reforms of the pension system,we calculate...
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The upcoming demographic crises in Germany demands fundamental reforms of the pension system. In a democracy, reforms are, however, only feasible when they are supported by the majority of the electorate. To determine whether the majority is in favor of reforms of the pension system, we...
Persistent link: https://www.econbiz.de/10001626054
Die Deutschen werden immer älter und haben immer weniger Kinder. Die Verschiebung der Altersverteilung macht es immer schwieriger, die Rentenansprüche zu befriedigen, und sie verringert das Stimmgewicht der Jungen im demokratischen Entscheidungsprozess. Der Artikel zeigt, dass derzeit noch...
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Pension systems in most industrialised countries are unfunded, i.e. they are pay-as-you-go financed and thus depend on a well-balanced ratio (old) recipients to (young) contributors. This so-called dependency ratio will worsen significantly in the next few decades due to two developments: ageing...
Persistent link: https://www.econbiz.de/10011905396
Demographic change has an impact on pay-as-you-go pension systems. To maintain their financial sustainability, reforms are necessary, but often lack public support. Based on representative survey data from Germany, we conduct a survey experiment which allows investigating whether salience of or...
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