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many countries. Such longevity gaps affect the actuarial fairness and progressivity of public pension systems. However …, behavioral responses to longevity and policy complicate analysis of possible reforms. Here we consider how some pension reforms … would perform in a general equilibrium OLG setting with heterogeneous longevity and ability. We evaluate redistributive …
Persistent link: https://www.econbiz.de/10012314266
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The aim and scope of this paper is to isolate the effects of population ageing in the context of potential Scottish independence. Fiscal challenges are often quoted as a strong argument against independence. Demographic processes play an important role in determining future economic growth via...
Persistent link: https://www.econbiz.de/10011505797
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labor supply, consumption and savings, households also choose health expenditures in order to improve the health status and … longevity. Starting from an initial equilibrium which reflects the current public and private mixture of the German health …
Persistent link: https://www.econbiz.de/10013337793
that an increase in unemployment benefits leads to a rise in steady state wealth inequality measured by the Gini …We develop a general equilibrium model of earnings, income and wealth heterogeneity in continuous time. We extend … interest rates provide a mechanism to link earnings, income and wealth distributions. We use this connection to demonstrate …
Persistent link: https://www.econbiz.de/10012426925
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, there has been a tendency to increase the consumption of vegetables among Romanians, this being attributed to the increase …
Persistent link: https://www.econbiz.de/10012517811
consumption to a 'surprise' term in permanent income as well as past values of consumption growth. We can interpret this … income growth measuring the excess sensitivity of consumption with respect to income changes and thus the degree of liquidity … for the asymmetry in the income-consumption path for German regions both with respect to the long and short run adjustment …
Persistent link: https://www.econbiz.de/10011575929
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