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Analyzing defined contribution pension reform in Korea using a general equilibrium model

Shin, Seung-Ryong - In: KDI-journal of economic policy 46 (2024) 4, pp. 1-48

Korea's National Pension Fund (NPF) is projected to be in deficit by the 2040s and exhausted by the 2050s. Increasing contribution rates may be unaffordable, prompting consideration of structural reforms, particularly shifting from a defined benefit (DB) to a defined contribution (DC) system....

Persistent link: https://www.econbiz.de/10015189538

An ageing population and external debt: an empirical investigation

Nur Hayati Abd Rahman; Ismail, Shafinar; Abdul Rahim Ridzuan - In: Journal of business economics and management 22 (2021) 2, pp. 410-423

A rise in the ageing population is the current demographic challenge which is capable of pressuring the government to … debt of 36 upper-middle-income economies from 2000 to 2017 due to the increase in the ageing population. This study … employed the system Generalised Method of Moments (GMM), where it revealed that the ageing population could increase the level …

Persistent link: https://www.econbiz.de/10012506120

Efficiency with endogenous population growth : do children have too many rights?

Pérez-Nievas, Mikel - In: Theoretical economics : TE ; an open access journal in … 18 (2023) 4, pp. 1375-1406

Fertility rates are declining in many countries. But are fertility rates inefficiently low? This paper addresses this … question by exploring the efficiency properties of equilibria in an overlapping generations setting with endogenous fertility …

Persistent link: https://www.econbiz.de/10014440062

Automatic indexation of the pension age to life expectancy : when policy design matters

Ayuso, Mercedes; Holzmann, Robert; Holzmann, Robert; … - In: Risks : open access journal 9 (2021) 5, pp. 1-28

Increasing retirement ages in an automatic or scheduled way with increasing life expectancy at retirement is a popular pension policy response to continuous longevity improvements. The question addressed here is: to what extent is simply adopting this approach likely to fulfill the overall goals...

Persistent link: https://www.econbiz.de/10012597036

Aging, inadequacy, and fiscal constraint : the case of Thailand

Phitawat Poonpolkul; Ponpoje Porapakkarm; Nada Wasi - In: International studies of economics 19 (2024) 1, pp. 35-67

We use an overlapping generations model to study the challenge in developing countries with a large informal sector and aging population. We use Thailand as a case study and incorporate its labor market structure and its public pension system into the calibrated model. Unlike developed...

Persistent link: https://www.econbiz.de/10014513260

Malthusian stagnation is efficient

Córdoba Muñoz, Juan C.; Liu, Xiying - In: Theoretical economics : TE ; an open access journal in … 17 (2022) 1, pp. 415-460

environments characterized by fixed resources, endogenous fertility, and full information. Individuals in our environment are fully … et al. (2007). We also show that efficient allocation in the endogenous fertility case differs significantly from its … exogenous fertility counterpart. In particular, optimal steady state population is proportional to the amount of fixed resources …

Persistent link: https://www.econbiz.de/10012806950

Political stress and the sustainability of funded pension schemes : introduction of a financial theory

Wolf, Ishay - In: Journal of risk and financial management : JRFM 14 (2021) 11, pp. 1-12

theory highly relevant. It is obviously one of the cases where social targets meat financial equilibrium and here they are in …

Persistent link: https://www.econbiz.de/10012795260

Arbeitsmarkteffekte des demografischen Wandels

Debus, Martin - 2007 - 1. Aufl.

In der wissenschaftlichen Literatur standen bis dato die Implikationen des demografischen Wandels für die Sozialversicherungen im Fokus. Die Arbeitsmarkteffekte sind bisher nur höchst unzureichend analysiert worden. Die Arbeit stößt in diese Lücke und liefert wichtige und neue Einsichten in...

Persistent link: https://www.econbiz.de/10011939618

Analyse und Bewertung der intergenerativen Verteilungswirkungen einer Substitution des Umlage- durch das Kapitalstocksverfahren zur Rentenfinanzierung

Schroeter, Ingo - 1999

Die Sicherung eines zukunftsfähigen Rentensystems ist eines der dringenden Ziele der aktuellen Sozialpolitik. Dabei spielen die Verteilungswirkungen (insbesondere zwischen verschiedenen Generationen) eine ebenso wichtige Rolle wie die allokative Effizienz. In diesem Buch wird ein Konzept...

Persistent link: https://www.econbiz.de/10011937401

Population aging, pension systems, and economic growth : applying an overlapping generations model to the informal sector

Navarat Temsumrit - In: Asian development review : studies of Asian and pacific … 40 (2023) 2, pp. 305-341

This paper analyzes the eﬀects of an unfunded pension system on economic growth using an extended overlapping generations model to include the informal sector. Emerging countries usually have a more signiﬁcant informal sector than advanced ones. The ﬁndings based on the Thai economy data...

Persistent link: https://www.econbiz.de/10014426328