Showing 1 - 10 of 497
more difficult to maintain sustainability. Romania stands out from other economies, based on macroeconomic indicators, as …
Persistent link: https://www.econbiz.de/10012227867
This paper analyzes behavioral responses to a reform in the German public pension system that allowed individuals with a long contribution history to retire without deductions before reaching the regular retirement age. Following the 2014 reform, individuals with 45 contribution years could...
Persistent link: https://www.econbiz.de/10012230971
We estimate the labor force participation (LFP) response to the introduction of means-tested minimum pensions in the UK …
Persistent link: https://www.econbiz.de/10012231954
entitled beneficiaries. Whilst 30% of all new pensions would benefit from an individual perspective, after means-testing only 3 …
Persistent link: https://www.econbiz.de/10012265643
This paper analyses whether the severe demographic change in Germany causes its high current account surpluses. An ageing population both increases the supply and lowers demand of capital in an economy. Due to a longer life span individuals save more. Fewer workers reduce the optimal capital...
Persistent link: https://www.econbiz.de/10012266985
Differences in life expectancy between high and low socioeconomic groups are often large and have widened recently in many countries. Such longevity gaps affect the actuarial fairness and progressivity of public pension systems. However, behavioral responses to longevity and policy complicate...
Persistent link: https://www.econbiz.de/10012314266
Financing consumption of the elderly in the face of the projected increase in life expectancy is a key challenge for economic policy. Moreover, standard structural models with fully rational agents suggest that about 50-60 percent of old-age consumption is financed with voluntary savings, even...
Persistent link: https://www.econbiz.de/10012425067
This paper presents an overlapping generations model where agents face labor-income and health risks in order to quantify the macroeconomic and welfare consequences of reform options for the German health insurance system. In addition to labor supply, consumption and savings, households also...
Persistent link: https://www.econbiz.de/10013337793
becomes difficult to achieve a balance between the three dimensions of sustainability due to a series of problems, including … paper analyses how this sector in the province of Almería (Spain), based on small-scale horticultural farms, has risen to … sustainability dimensions. It is particularly interesting to observe how a highly social agrarian system has evolved thanks to the …
Persistent link: https://www.econbiz.de/10011517976
Persistent link: https://www.econbiz.de/10010376744