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The impact of population aging on the German statutory pension insurance : a probabilistic approach

Vanella, Patrizio; Gonzalez, Miguel Rodriguez; Wilke, … - 2021

The demographic transition is a phenomenon affecting many industrialized societies. These economies are experiencing a decline in mortality alongside low fertility rates - a situation that puts social security systems under severe pressure. To implement appropriate reform measures, adequate...

Persistent link: https://www.econbiz.de/10012599101

Global demographic change and international capital flows : Theory and empirics

Liu, Weifeng - 2021

While population has been aging globally, regions and countries are significantly asymmetric in the timing and speed of the demographic transitions, especially between developed and developing regions. This paper explores the impacts of asymmetric demographic change on international capital...

Persistent link: https://www.econbiz.de/10013212954

Pensions : A Complex Landscape

Swarup, Dr. Amarendra - 2010

Pension reforms have been high on the political agenda in many developed countries over recent years and pension issues have been discussed intensely in the public as a result. In recent years, much effort has been devoted to make state, public and private pension systems fiscally more...

Persistent link: https://www.econbiz.de/10013144559

Save or pay-as-you-go : the effcts of ageing on optimal retirement funding

Hott, Christian - 2019

Ageing of most societies is driven by two factors: (1) birth rates are declining and (2) people are living longer … retirement. We develop an overlapping generation model in order to analyse the effects of ageing on the efficiency of retirement … old generation and that ageing makes a transfer via pay-as-you-go pension relatively more attractive. In optimum, the …

Persistent link: https://www.econbiz.de/10012317293

Chapter 6. Intergenerational Risk Sharing

Beetsma, R.; Romp, W. - In: Handbook of the economics of population aging : Volume 1, (pp. 311-380). 2016

This chapter reviews the literature on intergenerational risk sharing (IRS). We explore to what extent and how a market economy with an appropriate institutional setting can replicate a social planner's solution in models with increasing levels of complexity. In particular, we do this for...

Persistent link: https://www.econbiz.de/10014023478

Does the common labor market imply the need for a European public pension system?

Breyer, Friedrich; Kolmar, Martin - 1994

In a recent paper, Homburg and Richter have argued that with free mobility of labor within a common labor market there is a need to harmonize and even consolidate pay-as-you-go financed national public pension systems to reach an efficient allocation of labor. We show that with free and...

Persistent link: https://www.econbiz.de/10009774707