The Reform of Pension Systems
Winners and Losers Across Generations in the United Kingdom and Germany
Datos Bibliográficos
| ID | 9726167 |
|---|---|
| Autores | David Miles (0000-0002-6387-0041, Imperial College London), Andreas Iben (Imperial College London) |
| Año | 2000 |
| Volumen | 67 |
| Número | 266 |
| Páginas | 203-228 |
| Fecha de publicación | 2000-05-01 |
| Peer Reviewed | Sí |
| Open Access | Sí |
| Tipo | ARTICLE |
| Revista | Economica (JOURNAL) |
| Identificadores de la revista | ISSN: 0013-0427 • E-ISSN: 1468-0335 |
| Editorial | Wiley (PUBLISHER • GB) |
| DOI | 10.1111/1468-0335.00204 |
| OpenAlex | W2087978292 |
| Idioma | EN |
| Citas recibidas | 4 |
In this paper we perform simulations with a stylized model of the United Kingdom and Germany to show which generations might be gainers, and which losers, from a transition from an unfunded to a funded state pension system. We show that it is likely that more than one generation will be direct losers as a result of a transition (especially in Germany). If more than one generation are direct losers, then, in order for those generations not to be net losers, the chain of bequests (in the initial equilibrium) needs to satisfy a simple condition, which we derive and analyse
Economics · Labour economics · Macroeconomics · Overlapping generations model · Pension · Pension system · Stylized fact · demographic modeling and climate adaptation · Financial Literacy, Pension, Retirement Analysis · Gender, Labor, and Family Dynamics
| Obras citantes distintas | 4 |
|---|---|
| Citas por año | 0,17 |
| Intervalo de citas | 2003 - 2022 (20) |
| Velocidad de citación | historical |
| Altamente citado | No |
| Tipos de cita | Neutras: 2 |