Similar Search Results

Aging and pension reform : extending the retirement age and human capital formation

Vogel, Edgar; Ludwig, Alexander; Börsch-Supan, Axel - 2014 - This version: December 29, 2014

2010 by about 2.2 percentage points in terms of a consumption equivalent variation. …

Persistent link: https://www.econbiz.de/10010467965

Aging and Pension Reform : Extending the Retirement Age and Human Capital Formation

Vogel, Edgar - 2012

Projected demographic changes in industrialized countries will reduce the share of the working-age population. Analyses based on standard OLG models predict that these changes will increase the capital-labor ration. Hence, rates of return to capital decrease and wages increase with adverse...

Persistent link: https://www.econbiz.de/10013100505

Aging and Pension Reform : Extending the Retirement Age and Human Capital Formation

Vogel, Edgar - 2012

Projected demographic changes in industrialized countries will reduce the share of the working-age population. Analyses based on standard OLG models predict that these changes will increase the capital-labor ratio. Hence, rates of return to capital decrease and wages increase with adverse...

Persistent link: https://www.econbiz.de/10013100571

Construction and impact of a buffer fund within the French PAYG pension scheme in a demo-economic model

Hamayon, Stéphane; Legros, Florence - 2001

while its main originality is to permit a macroeconomic linkage whether with a endogenous growth function or with a …

Persistent link: https://www.econbiz.de/10011399575

Construction and Impact of a Buffer Fund within the French PAYG Pension Scheme in a Demo-Economic Model

Hamayon, Stephane; Legros, Florence - 2021

lightness while its main originality is to permit a macroeconomic linkage whether with a endogenous growth function or with a …

Persistent link: https://www.econbiz.de/10013320854

Growth effects of age-related productivity differentials in an ageing society : a simulation study for Austria

Hofer, Helmut; Url, Thomas - 2005

We integrate age specific productivity differentials into a long-run neoclassical growth model for the Austrian economy … aggregation function, the simulation results show only negligible or small negative effects on output and other macroeconomic key … variables. -- age specific productivity ; demographic change ; model simulation …

Persistent link: https://www.econbiz.de/10009730393

Population structure and consumption growth : evidence from National Transfer Accounts

Kuhn, Michael; Prettner, Klaus - 2015

generational turnover as a key driver of consumption growth. We characterize the impact of the average birth and death rates on the … the sign and magnitude of generational turnover and its impact on consumption growth. We find considerable cross …We assess the impact of population structure on economic growth. Following recent research, we focus on the …

Persistent link: https://www.econbiz.de/10010477584

Macroeconomic Impacts of Global Demographic Change on Australia

Liu, Weifeng - 2020

The world will experience dramatic demographic change over this century. This paper examines the impacts of this global demographic change on the Australian economy at both the aggregate and sectoral levels in a global multi-region and multi-sector general equilibrium model. Using a detailed...

Persistent link: https://www.econbiz.de/10012838076

Population Ageing and the Macroeconomy

Lisack, Noemie - 2019

We quantify the impact of demographic change on real interest rates, house prices and household debt in an overlapping-generations model. Falling birth and death rates across advanced economies can explain much of the observed fall in real interest rates and the rise in house prices and...

Persistent link: https://www.econbiz.de/10012857663

Aging and Pension Reform in a Two-Region World : The Role of Human Capital

Vogel, Edgar; Ludwig, Alexander; Börsch-Supan, Axel H. - 2012

Projected demographic changes in industrialized countries will reduce the share of the working-age population. Analyses based on standard OLG models predict that these changes will increase the capital-labor ratio. Hence, rates of return to capital decrease and wages increase, which has adverse...

Persistent link: https://www.econbiz.de/10014172283