Konferenzbeitrag
On the Distributional Implications of Demographic Change
This paper provides a quantitative assessment of the impact of future demographic change on the distributions of earnings and skills in the German economy. The model accommodates household heterogeneity along both, the intra- and the inter-generational dimension. The results suggest a decline in the skill premium of 30 percentage points until the year 2050 meanwhile, the college educated share of the population increases by about 4 percentage points. Welfare effects from changing wages, interests, and pensions are severe and amount to up to 6% of consumption in every period of the remaining lifetime. While welfare effects differ considerably across generations they are rather homogeneous across skill groups unless the educational choice of households is restricted.
- Sprache
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Englisch
- Erschienen in
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Series: Beiträge zur Jahrestagung des Vereins für Socialpolitik 2015: Ökonomische Entwicklung - Theorie und Politik - Session: Labor 4 ; No. D17-V1
- Klassifikation
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Wirtschaft
Demographic Trends, Macroeconomic Effects, and Forecasts
Education and Inequality
Computable General Equilibrium Models
- Ereignis
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Geistige Schöpfung
- (wer)
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Geppert, Christian
- Ereignis
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Veröffentlichung
- (wann)
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2015
- Handle
- Letzte Aktualisierung
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10.03.2025, 11:42 MEZ
Datenpartner
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Objekttyp
- Konferenzbeitrag
Beteiligte
- Geppert, Christian
Entstanden
- 2015