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from Turkey and India, developing countries rank low due to low spending on the old (pensions, health care) and the young …
Persistent link: https://www.econbiz.de/10011524903
Higher fertility slowly increases the workers-to-retirees ratio over the long run, which can ease the pension financing challenge brought about by population aging. It may or may not increase production per capita. Existing simulation studies all find a positive impact on public finances over...
Persistent link: https://www.econbiz.de/10012813390
Economists have long argued that introducing social insurance will reduce fertility. The hypothesis relies on standard models: if children are desirable in part because they provide security in case of disability or old age, then State programs that provide insurance against these events should...
Persistent link: https://www.econbiz.de/10012489339
This paper develops the concept of generational imbalance within a broader framework of financial sustainability in the … of long-term societal demographic trends. We argue that a financial sustainability framework identifies material … trusts, developing statements of financial sustainability and comparing performance measures based on the existing accrual …
Persistent link: https://www.econbiz.de/10013038036
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families featuring either weak or strong internal ties. When pensions systems are initially introduced, in society with strong …
Persistent link: https://www.econbiz.de/10008697040
The global financial crisis affected also Polish pension market. Low or negative rate return on pension capital accumulated in Open Pension Funds led to social disappointment and growth of feeling of social insecurity. Prolonged financial crisis together with sluggish economic growth forced...
Persistent link: https://www.econbiz.de/10011308620
Index-basierte Termingeschäfte auf dem Nahrungsmittelmarkt werden kritisiert, weil sie für rasante Preissteigerungen und Hungerrevolten verantwortlich gemacht werden. Die Autoren haben die Literatur zum Nahrungsmittelmarkt ausgewertet und die realwirtschaftlichen Ursachen für die...
Persistent link: https://www.econbiz.de/10009726871
Our societies are witnessing a steady increase in longevity. This demographic evolution is accompanied by some convergence across countries, whereas substantial longevity inequalities persist within nations. The goal of this paper is to survey some crucial implications of changing longevity on...
Persistent link: https://www.econbiz.de/10009621750