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On welfare effects of increasing retirement age
Makarski, Krzysztof; Tyrowicz, Joanna - 2018
We develop an OLG model with realistic assumptions about longevity to analyze the welfare effects of raising the …
Persistent link: https://www.econbiz.de/10011812259
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Endogenous retirement behavior of heterogeneous households under pension reforms
Börsch-Supan, Axel; Härtl, Klaus; Leite, Duarte; … - 2018 - This draft: 25 April 2018
macroeconomic indicators in the face of demographic change. A rich overlapping generations (OLG) model is built and endogenous …
Persistent link: https://www.econbiz.de/10011891939
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Demographic change in Switzerland : impacts on economic growth in an Overlapping Generations Model
Hauser, Luisa-Marie; Schlag, Carsten-Henning; Wolf, André - 2020
estimates the long-run effects for Swiss GDP growth and its components in an Overlapping Generations Model (OLG model). Recent …, migration and agespecific labor supply. Our projections over the time horizon 2018-2060 document a significant loss in terms of …
Persistent link: https://www.econbiz.de/10012205397
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On welfare effects of increasing retirement age
Makarski, Krzysztof; Tyrowicz, Joanna - 2018
We develop an OLG model with realistic assumptions about longevity to analyze the welfare effects of raising the …
Persistent link: https://www.econbiz.de/10011821425
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Population aging and cross-country redistribution in integrated capital markets
Davoine, Thomas - 2018
Population aging challenges the financing of social security systems in developed economies, as the fraction of the population in working age declines. The resulting pressure on capital-labor ratios translates into a pressure on factor prices and production. While European countries all face...
Persistent link: https://www.econbiz.de/10011800785
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Demographic Change, Human Capital and Welfare
Ludwig, Alexander; Schelkle, Thomas; Vogel, Edgar - 2010
This paper employs a large scale overlapping generations (OLG) model with endogenous human capital formation using a …
Persistent link: https://www.econbiz.de/10014198885
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Should Pensions Be Progressive? Yes, at Least in Germany!
Fehr, Hans - 2011
Recent reforms that aim at reducing the upcoming burdens of population ageing might seriously harm low income individuals. An increase in old-age poverty and disability will be the result. Under this prospect, the present paper quantitatively characterizes the optimal progressivity of unfunded...
Persistent link: https://www.econbiz.de/10013127112
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Optimal Pensions in Aging Economies
Heer, Burkhard - 2015
İmrohoroğlu, İmrohoroğlu and Joines [1995, A life-cycle analysis of Social Security, Economic Theory, vol. 6, 83-114] show that the optimal replacement ratio of the pay-as-you-go public pension system in the US economy amounts to 30%. We extend their analysis to a model that 1) replicates...
Persistent link: https://www.econbiz.de/10013028781
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Labor migration: Macroeconomic and demographic outlook for Europe and neighbourhood regions
Borgy, Vladimir; Chojnicki, Xavier - 2008
of this multi-regions model allows us to put into connection migration with the "triangular" relationship between … demographic and economic consequences of migration ows on both the regions receiving and losing migrants. Our analysis is based on … a very detailed migration scenario between Western Europe and the Neighborhood regions constructed by taking into …
Persistent link: https://www.econbiz.de/10011430802
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On the world economy and international migration
Marchiori, Luca - 2009
Persistent link: https://www.econbiz.de/10003986034