Search Results - subject:"intergenerational fairness"

Does the universities superannuation scheme provide a model of reciprocity between generations?

Otsuka, Michael - In: LSE public policy review 2 (2021) 1, pp. 1-6

Persistent link: https://www.econbiz.de/10012807963

Pension reforms in Europe : how far have we come and gone?

Fouejieu, Armand; Kangur, Alvar; Martinez, Samuel Romero; … - 2021

In the past few decades, a myriad of reforms in Europe have had a significant impact on the way and extent to which public pensions provide retirement income. This departmental paper takes stock of where European pension systems stand and assesses their key characteristics. We present a novel...

Persistent link: https://www.econbiz.de/10013336261

Intergenerational Implications of Fiscal Consolidation in Japan

Tokuoka, Kiichi - International Monetary Fund (IMF) - 2012

overlapping generations model indicate that, from the perspective of intergenerational fairness, it would be desirable to include …

Persistent link: https://www.econbiz.de/10010790385

Luxembourg; Staff Report for the 2012 Article IV Consultation

International Monetary Fund (IMF); International … - 2012

This 2012 Article IV Consultation highlights that economic growth in Luxembourg slowed in 2011 amid the euro area sovereign debt crisis. Reflecting sluggish external demand, economic activity is expected to further weaken, with growth projected to decline to Â½ percent in 2012. Executive...

Persistent link: https://www.econbiz.de/10011244379

Regularity and stability of equilibria in an overlapping generations model with exogenous growth

MERTENS, Jean-François; RUBINCHIK, Anna - Center for Operations Research and Econometrics (CORE), … - 2009

In an exogenous-growth economy with overlapping generations (OG) we analyse local stability of the balanced growth equilibria with respect to perturbations of consumption endowments, thought of as the "monetised" value of a government policy to individuals. We show that perturbed economies have...

Persistent link: https://www.econbiz.de/10008550189

How the Financial Crisis Affects Pensions and Insurance and Why the Impacts Matter

Tower, Ian; Impavido, Gregorio - International Monetary Fund (IMF) - 2009

This paper discusses the key sources of vulnerabilities for pension plans and insurance companies in light of the global financial crisis of 2008. It also discusses how these institutional investors transit shocks to the rest of the financial sector and economy. The crisis has re-ignited the...

Persistent link: https://www.econbiz.de/10008528682

Intergenerational equity and the discount rate for cost-benefit analysis

Jean-François, MERTENS; Anna, RUBINCHIK - Institut de Recherche Économique et Sociale (IRES), … - 2008

For two independent principles of intergenerational equity, the implied discount rate equals the growth rate of real per-capital income, say 2%, thus falling right into the range suggested by the U.S. Office of Management and Budget. To prove this, we develop a simple tool to evaluate small...

Persistent link: https://www.econbiz.de/10004984882

Intergenerational equity and the discount rate for cost-benefit analysis

Mertens, Jean-François; Rubinchik, Anna - Center for Operations Research and Econometrics (CORE), … - 2008

, exogenous growth, policy reform, intergenerational equity, intergenerational fairness, cost-benefit analysis, discount rate …

Persistent link: https://www.econbiz.de/10005008455

Human Capital, Resource Constraints and Intergenerational Fairness

Valente, Simone - 2007

This paper studies an endogenous growth model with human capital, exhaustible resources, and overlapping generations. Under laissez-faire, higher study time reduces depletion rates by increasing the share of re- sources that present generations are willing to sell to successors. However, selfish...

Persistent link: https://www.econbiz.de/10011753132

Human capital, resource constraints and intergenerational fairness

Valente, Simone - 2007

Zürich Swiss Federal Institute of Technology Zurich Human Capital, Resource Constraints and Intergenerational Fairness … R-preserving and R-depleting policies for growth and intergenerational fairness, we also characterize sustainability out …-preserving versus R-depleting policies for growth rates, output levels, and intergenerational fairness. 3.2 The welfare …

Persistent link: https://www.econbiz.de/10003761243