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When the challenges of population aging are being debated, the uncertain future of pension systems is a topic of high priority and large controversy. The aim of this chapter is not to provide a “consensus view” on social security and public insurance in aging populations but to put structure...
Persistent link: https://www.econbiz.de/10014023471
How does growing international financial diversification affect firm-level and aggregate labor shares? We study this question using a novel framework of firm labor choice in the face of aggregate risk. The theory implies a cross-section of labor risk premia and labor shares that appear as...
Persistent link: https://www.econbiz.de/10014250185
long term consequences of migration on regions that are not at the same stage in the ageing process. Concerning the regions … does not offset the effect of ageing in these regions, leaving room for pension reforms. Concerning the regions losing … the ageing process (and is already suffering from a declining population). …
Persistent link: https://www.econbiz.de/10011430802
long term consequences of migration on regions that are not at the same stage in the ageing process. Concerning the regions … does not offset the effect of ageing in these regions, leaving room for pension reforms. Concerning the regions losing … the ageing process (and is already suffering from a declining population). -- CGEM ; Migration ; International capital …
Persistent link: https://www.econbiz.de/10003719730
Trade in goods that are not perfect substitutes can considerably change the predictions of standard neoclassical models about the effects of asymmetric demographic developments. This paper considers a relative decrease in the population size of one country, when countries specialize in the...
Persistent link: https://www.econbiz.de/10014172654
(education, family costs). Peculiarly, economies with higher pressure have more space. The hypothesis that ageing economies have …
Persistent link: https://www.econbiz.de/10011524903
This paper undertakes an empirical analysis of the adoption of various components of social security systems as well as contribution rates. Apart from economic determinants of the adoption, the empirical analysis features determinants relating to countries' political systems and contagion. We...
Persistent link: https://www.econbiz.de/10011532308
This paper investigates the fiscal pressure from demographic change in relation to the labor market space for fifty countries that cover 75% of the world population. The pressure-to-space indicator ranks Poland, Turkey and Greece high. Apart from Turkey and India, developing countries rank low...
Persistent link: https://www.econbiz.de/10013113360
As the baby boom generation enters retirement, a long-forecast funding crisis of the Social Security system is about to become a reality. Many other high-income countries are faced with similar financial problems with their public pension systems. Some of those countries have adopted legislative...
Persistent link: https://www.econbiz.de/10013117635
Given the prevalence of informal labor, most countries have combined contributory social insurance programs (pensions, unemployment benefits, and health insurance), with non-contributory insurance programs and several types of "safety nets." All of these programs involve different types of...
Persistent link: https://www.econbiz.de/10012833862