SIMULATING ALTERNATIVE SOCIAL SECURITY RESPONSES TO THE DEMOGRAPHIC TRANSITION
نویسندگان
چکیده
منابع مشابه
Simulating alternative social security responses to the demographic transition.
"This paper uses a perfect foresight life cycle simulation model to examine the dynamic economic effects of baby 'booms' and baby 'busts' as well as the interaction of such demographic changes with social security policy. Demographic change can have sizeable short and long-run effects on saving rates and factors returns." The geographic focus is on the United States. "The model predicts long...
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In theory, improvements in healthy life expectancy should generate increases in the average age of retirement, with little effect on savings rates. In many countries, however, retirement incentives in social security programs prevent retirement ages from keeping pace with changes in life expectancy, leading to an increased need for life-cycle savings. Analyzing a cross-country panel of macroeco...
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ژورنال
عنوان ژورنال: National Tax Journal
سال: 1985
ISSN: 0028-0283,1944-7477
DOI: 10.1086/ntj41792006