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are necessary, but often lack public support. Based on representative survey data from Germany, we conduct a survey …
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This paper analyses whether the severe demographic change in Germany causes its high current account surpluses. An …
Persistent link: https://www.econbiz.de/10012266985
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
In this paper I use a multi-period OLG model to study how a demographic shock is distributed among different generations. In particular, I investigate whether a funded pension system allows for a smoother adjustment than an unfunded system. The results suggest that the answer to this question...
Persistent link: https://www.econbiz.de/10010341066
Old-age poverty is to become one of the most pressing issues in the coming decades given the demographic trends forecasted. Particularly in developing countries this could be an obstacle to inclusive and sustainable growth as well as the fight against all forms of poverty (SDG 1), through shocks...
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The aim of the authors is to provide a critical statistical-analytical view of the current pension system of the Slovak Republic with special regard to old -age pension savings in its fifteen-year existence, resulting in proposals for adjustments to its operation. It includes an analysis of the...
Persistent link: https://www.econbiz.de/10012817892