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We assess the long-run growth effects of rising longevity and increasing the retirement age when growth is driven by … the retirement age fosters economic growth. How economic growth changes in response to rising life expectancy depends on … the retirement response. Employing numerical analysis we find that the requirement for experiencing a growth stimulus from …
Persistent link: https://www.econbiz.de/10012156427
We assess the long-run growth effects of rising longevity and increasing the retirement age when growth is driven by … the retirement age fosters economic growth. How economic growth changes in response to rising life expectancy depends on … the retirement response. Employing numerical analysis we find that the requirement for experiencing a growth stimulus from …
Persistent link: https://www.econbiz.de/10012195541
We analyze the effects of increasing the retirement age in two economies with overlapping generations and within cohort … defined benefit to a defined contribution. We find that if increase in the retirement age is phased in a way that allows …
Persistent link: https://www.econbiz.de/10011522240
retirement age. We look at a scenario where an economy has a pay-as-you-go defined benefit scheme and compare it to a scenario …
Persistent link: https://www.econbiz.de/10011821425
retirement age. We look at a scenario where an economy has a pay-as-you-go defined benefit scheme and compare it to a scenario …
Persistent link: https://www.econbiz.de/10011812259
retirement, these trends will persist as population ageing continues. Countries ageing relatively slowly, like the US, will … trends, while raising the retirement age has limited effects …
Persistent link: https://www.econbiz.de/10012857663
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