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The interplay between trade unions and the social security system in an aging economy
Friese, Max - 2019 - 2nd revised version
This paper investigates how demographic change affects the financial sustainability of apay-as-you-gosocialsecuritysysteminanenvironmentwithcollectivebargainingonthe labor market. Partial equilibrium analysis shows that the contribution rate or the benefit level decreases, if the old-age...
Persistent link: https://www.econbiz.de/10012062407
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Ageing and the tax implied in public pension schemes : simulations for selected OECD countries
Fenge, Robert; Werding, Martin - 2003
, this will be illustrated for the cases of France, Germany, Italy, Japan, Sweden, the UK, and the US. The results are based …
Persistent link: https://www.econbiz.de/10011514127
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Sustainable social security : four options
Kitao, Sagiri - 2011
This paper presents four policy options to make Social Security sustainable under the coming demographic shift: 1) increase payroll taxes by 6 percentage points, 2) reduce the replacement rates of the benefit formula by one-third, 3) raise the normal retirement age from sixty-six to...
Persistent link: https://www.econbiz.de/10009266746
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Old Europe ages : can it still prosper?
Börsch-Supan, Axel; Ludwig, Alexander - 2009
countries. France, Germany, and Italy have large pay-as-you-go pension systems and vulnerable labor markets. At the same time …
Persistent link: https://www.econbiz.de/10003901593
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The labor market effect of demographic change : alleviation for financing social security
Friese, Max - 2015 - Revised version
The paper shows the effect of demographic change on per capita burden of financing a PAYG social security system in the standard OLG model with frictional labor markets. Rising longevity and decreasing fertility both induce a rise in the employment level via increased capital accumulation and...
Persistent link: https://www.econbiz.de/10011300641
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The labor market effect of demographic change : alleviation for financing social security
Friese, Max - 2015
The paper shows the effect of demographic change on per capita burden of financing a PAYG social security system in the standard OLG model with frictional labor markets. Rising longevity and decreasing fertility both induce a rise in the employment level via increased capital accumulation and...
Persistent link: https://www.econbiz.de/10010471698
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The Role of Social Security in Household Decisions : VAR Estimates of Saving and Fertility Behaviour in Germany
Cigno, Alessandro; Casolaro, Luca; Rosati, Furio C. - 2021
effect on household saving, and a negative effect on fertility. In Germany, as in other countries where the hypothesis was … the number of future contributors. That is one of the reasons why, in Germany as elsewhere, pay-as-you-go pension systems …
Persistent link: https://www.econbiz.de/10013321181
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The interplay between trade unions and the social security system in an aging economy
Friese, Max - 2017
The paper investigates the impacts of demographic change on the financial sustainability of a pay-as-you-go social security system in an economy with unemployment caused by trade unions. Using a simple two-period overlapping generations approach, it can be shown that the trade union behavior...
Persistent link: https://www.econbiz.de/10011592074
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Lessons for an Aging Society : The Political Sustainability of Social Security Systems
Galasso, Vincenzo; Profeta, Paola - 2004
politics. We evaluate how political constraints shape the social security system in six countries - France, Germany, Italy …
Persistent link: https://www.econbiz.de/10014074711
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The Social Protection System in Ageing China
Cai, Fang; Du, Yang - 2015
China has made great progress in weaving its social safety net in the new century. By constructing the three pillars of … its social protection system – the pension system, the medical care system, and social assistance – China is trying to … cover all its people under the system. Regardless of these great achievements in coverage, China has been facing challenges …
Persistent link: https://www.econbiz.de/10014134679