Arbeitspapier
Population ageing and PAYG pensions in the OLG model
This paper shows the effects on a pay-as-you-go pension system of the demographic change in the standard overlapping generations model. Firstly, we consider a setting with exogenous fertility and then a model with endogenous fertility. In both cases, population ageing due to increased longevity implies a reduction in pensions payouts.
- Language
-
Englisch
- Bibliographic citation
-
Series: IZA Discussion Papers ; No. 7144
- Classification
-
Wirtschaft
Fertility; Family Planning; Child Care; Children; Youth
Social Security and Public Pensions
- Subject
-
PAYG pensions
fertility
longevity
- Event
-
Geistige Schöpfung
- (who)
-
Cipriani, Giam Pietro
- Event
-
Veröffentlichung
- (who)
-
Institute for the Study of Labor (IZA)
- (where)
-
Bonn
- (when)
-
2013
- Handle
- Last update
-
10.03.2025, 11:44 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Cipriani, Giam Pietro
- Institute for the Study of Labor (IZA)
Time of origin
- 2013
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