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Pension reform and demographic crisis : why a funded system is needed and why it is not needed

Sinn, Hans-Werner - 1999

Based on explicit present value calculations, the paper criticizes the view that the PAYGO system wastes economic resources. In present value terms, there is nothi ng to be gained from a transition to a funded system even though the latter offers a permanently higher rate of return. The sum of...

Persistent link: https://www.econbiz.de/10009781690

When will the Germans get trapped in their pension system?

Sinn, Hans-Werner; Übelmesser, Silke - 2001

The upcoming demographic crisis in Germany demands fundamentalreforms of the pension system. In a democracy, reforms …. After 2023, Germany will be characterizedby a gerontocratic system where the old decide over the young. Only the fearthat …

Persistent link: https://www.econbiz.de/10011400295

When will the Germans get trapped in their pension system?

Sinn, Hans-Werner; Übelmesser, Silke - 2001

Persistent link: https://www.econbiz.de/10001613908

When will the Germans get trapped in their pension system?

Sinn, Hans-Werner; Übelmesser, Silke - 2001

The upcoming demographic crises in Germany demands fundamental reforms of the pension system. In a democracy, reforms … enforced. After 2023, Germany will be characterized by a gerontocratic system where the old decide over the young. Only the …

Persistent link: https://www.econbiz.de/10001626054

Pension Reform and Demographic Crisis : Why a Funded System is Needed and Why it is Not Needed

Sinn, Hans-Werner - 2021

Based on explicit present value calculations, the paper criticizes the view that the PAYGO system wastes economic resources. In present value terms, there is nothing to be gained from a transition to a funded system even though the latter offers a permanently higher rate of return. The sum of...

Persistent link: https://www.econbiz.de/10013320939

Pension reform and demographic crisis : why a funded system is needed and why it is not needed

Sinn, Hans-Werner - 1999

Based on explicit present value calculations, the paper critizises the view theat den PAYGO system wastes economic resources. In present value terms, there is nothing to be gained from a transition to a funded system even though the latter offers a permanently higher rate of return. The sum of...

Persistent link: https://www.econbiz.de/10013361009

Das demographische Defizit - die Fakten, die Folgen, die Ursachen und ihre Politikimplikationen

Sinn, Hans-Werner - In: ifo Schnelldienst 56 (2003) 05, pp. 20-36

Deutschland verwandelt sich aufgrund der geringen Geburtenrate allmählich in eine »Gerontokratie«. Diese Entwicklung … hat fatale Folgen für die Funktionsfähigkeit der staatlichen Sozialsysteme, insbesondere für die Rentenversicherung, denn …

Persistent link: https://www.econbiz.de/10011691990

Das demographische Defizit - die Fakten, die Folgen, die Ursachen und ihre Politikimplikationen

Sinn, Hans-Werner - In: Ifo Schnelldienst 56 (2003) 05, pp. 20-36

Persistent link: https://www.econbiz.de/10005055890

Ist Deutschland noch zu retten?

Sinn, Hans-Werner - 2003 - 1. Aufl.

Deutschland ist zum kranken Mann Europas geworden. Das Bildungssystem ist miserabel, die Wettbewerbsfähigkeit …-Punkte-Programm für die Erneuerung der Wirtschaft", was sofort getan werden muss, um Deutschland zu retten. … are leaving the country. Unemployment has reached alarming levels. Germany is outperformed by its neighbours. It's growth …

Persistent link: https://www.econbiz.de/10001760117

Wann kippt Deutschland um?

Sinn, Hans-Werner; Übelmesser, Silke - In: Ifo-Schnelldienst 53 (2000) 28/29, pp. 20-25

. Das Stimmverhältnis wird dann umkippen, und Deutschland wird sich im Regime einer Gerontokratie mit problematischen …

Persistent link: https://www.econbiz.de/10001516529