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How risky is the German pension system? The volatility of the internal rates of return
Heidler, Matthias; Raffelhüschen, Bernd - Institut für Volkswirtschaftslehre und … - 2005
In this paper we analyze exemplarily the volatility of the internal rates of return of the German pension system over the life-cycle of an individual born in 1957. The outcome is compared to an alternative defined-contribution or defined-benefit policy. Based on the actual data, our resultsshow...
Persistent link: https://www.econbiz.de/10010980902
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How risky is the German pension system? The volatility of the internal rates of return
Heidler, Matthias; Raffelhüschen, Bernd - 2005
In this paper we analyze exemplarily the volatility of the internal rates of return of the German pension system over the life-cycle of an individual born in 1957. The outcome is compared to an alternative defined-contribution or defined-benefit policy. Based on the actual data, our resultsshow...
Persistent link: https://www.econbiz.de/10010300850
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How risky is the German pension system? The volatility of the internal rates of return
Heidler, Matthias; Raffelhüschen, Bernd - 2005
In this paper we analyze exemplarily the volatility of the internal rates of return of the German pension system over the life-cycle of an individual born in 1957. The outcome is compared to an alternative defined-contribution or defined-benefit policy. Based on the actual data, our results show...
Persistent link: https://www.econbiz.de/10010304858
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La demografia dell’Italia e delle Regioni italiane. Uno sguardo alle proiezioni a medio-lungo termine
SALERNO, Nicola Carmine - Volkswirtschaftliche Fakultät, … - 2013
basis for a more general analysis that will be dedicated to the functioning and sustainability of pay-as-you-go to finance …
Persistent link: https://www.econbiz.de/10011259816
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La demografia in Europa e in Us. Uno sguardo alle proiezioni a medio-lungo termine
SALERNO, Nicola Carmine - Volkswirtschaftliche Fakultät, … - 2013
sustainability of pay-as-you-go to finance the welfare system in developed countries. Thsi paper constitutes Chapert 2.. Chapter 1 …
Persistent link: https://www.econbiz.de/10011110362
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Working Paper 02-08 - Long-term population projections in Europe: How they influence policies and accelerate reforms
Bogaert, Henri - Federal Planning Bureau, Government of Belgium - 2008
The long-term demographic projections have progressively raised concerns about the consequences of ageing population. To better understand those changes and measure their size,projections of social expenditure have been built and progressively refined. Confronted with a large budgetary cost of...
Persistent link: https://www.econbiz.de/10005766938
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Rentenpaket : die Bundesregierung auf Irrwegen
Feld, Lars P.; Kohlmeier, Anabell; Schmidt, Christoph M. - In: Wirtschaftsdienst : Zeitschrift für Wirtschaftspolitik 94 (2014) 8, pp. 553-559
rather privileged groups of the insured. These measures endanger the sustainability of the German pension system and will …
Persistent link: https://www.econbiz.de/10010407325
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Financial Sustainability, Accounting and Society
Klumpes, Paul J. M. - 2015
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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How risky is the German pension system? : The volatility of the internal rates of return
Heidler, Matthias; Raffelhüschen, Bernd - 2005
. -- Risk ; internal rate of return ; sustainability …
Persistent link: https://www.econbiz.de/10009153133
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How risky is the German pension system? : The volatility of the internal rates of return
Heidler, Matthias (contributor);  … - 2005
. -- risk ; internal rate of return ; sustainability …
Persistent link: https://www.econbiz.de/10003209501