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? -- Insurance ; implicit rates of return ; Knappschaft ; mining ; pay-as-you-go ; pensions ; Prussia ; welfare state … umlagefinanzierter Sozialversicherungssysteme. Im Mittelpunkt stehen dabei die Knappschaftsvereine Preußens, die Träger der bergbau … von Versicherten dieselbe implizite Rendite zu gewähren. War also deren Geschäftspolitik dennoch intergenerational …
Persistent link: https://www.econbiz.de/10008934862
Persistent link: https://www.econbiz.de/10009412776
umlagefinanzierter Sozialversicherungssysteme. Im Mittelpunkt stehen dabei die Knappschaftsvereine Preußens, die Träger der bergbau … von Versicherten dieselbe implizite Rendite zu gewähren. War also deren Geschäftspolitik dennoch intergenerational …
Persistent link: https://www.econbiz.de/10010273586
This paper contributes to the literature on the weakness of modern pay-as-you-go social security systems in financing pensions by taking a business and economic historical perspective on the issue. It focuses on Prussian Knappschaften (plural of Knappschaft), which provided miners with...
Persistent link: https://www.econbiz.de/10009018036
The recent financial crisis and historical record suggest important lessons about the design of national pension systems. First, wide fluctuation in asset returns makes it hard for well-informed savers to select a saving rate or a sensible investment strategy for DC pensions. Workers who follow...
Persistent link: https://www.econbiz.de/10013157457
The recent financial crisis and historical record suggest important lessons about the design of national pension systems. First, wide fluctuation in asset returns makes it hard for well-informed savers to select a saving rate or a sensible investment strategy for DC pensions. Workers who follow...
Persistent link: https://www.econbiz.de/10003872221
Fertility has long been declining in industrialised countries and the existence of public pension systems is considered as one of the causes. This paper provides detailed evidence based on historical data on the mechanism by which a public pension system depresses fertility. Our theoretical...
Persistent link: https://www.econbiz.de/10013047746
Fertility has long been declining in industrialised countries and the existence of public pension systems is considered as one of the causes. This paper is the first to provide detailed evidence based on historical data on the mechanism by which a public pension system depresses fertility. Our...
Persistent link: https://www.econbiz.de/10009792218
Fertility has long been declining in industrialised countries and the existence of public pension systems is considered as one of the causes. This paper is the first to provide detailed evidence based on historical data on the mechanism by which a public pension system depresses fertility. Our...
Persistent link: https://www.econbiz.de/10013315719
-as-you-go. -- Bismarck ; mining ; pay-as-you-go ; social security ; welfare state …
Persistent link: https://www.econbiz.de/10003966587