Arbeitspapier

Pension reform during the demographic transition

Like in many other OECD countries, the population will age rapidly in Germany during the next decades. This undermines the future sustainability of the current unfunded public pension system and motivates the search for reform options. The present paper aimes to evaluate some currently discussed pension reform proposals. The numerical analysis is based on an extended overlapping-generations model which accounts for rising life expectancy and declining fertility in oder to replicate the demographic transition in Germany. Given the current unfunded pension system, the model first calculates a baseline path of the economy. Then it compares the macroeconomic impact as well as the distributional and efficiency effects of various reform measures such as partial funding and tax financed minimum pensions.

Sprache
Englisch

Erschienen in
Series: W.E.P. - Würzburg Economic Papers ; No. 8

Klassifikation
Wirtschaft
Social Security and Public Pensions
Retirement; Retirement Policies
Thema
Population Ageing
Pension reform
overlapping-generations models
Rentenreform
Bevölkerungsökonomie
Overlapping Generations
Gesetzliche Rentenversicherung
Wirkungsanalyse
Wohlfahrtseffekt
Deutschland
Alternde Bevölkerung

Ereignis
Geistige Schöpfung
(wer)
Fehr, Hans
Ereignis
Veröffentlichung
(wer)
University of Würzburg, Department of Economics
(wo)
Würzburg
(wann)
1999

Handle
Letzte Aktualisierung
10.03.2025, 11:44 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Fehr, Hans
  • University of Würzburg, Department of Economics

Entstanden

  • 1999

Ähnliche Objekte (12)