Articles liés à Pension Systems, Demographic Change, and the Stock...

Pension Systems, Demographic Change, and the Stock Market (Lecture Notes in Economics and Mathematical Systems) - Couverture souple

Hillebrand, Marten

 
9783540779711: Pension Systems, Demographic Change, and the Stock Market (Lecture Notes in Economics and Mathematical Systems)
Couverture souple
ISBN 10 : 354077971X ISBN 13 : 9783540779711
Editeur : Springer, 2008

Synopsis

Due to the accelerating demographic change of the population the reform of the existing pension systems constitutes one of the greatest political challenges in most European countries.

A theoretical discussion of different pension reforms must incorporate not only the demographic aspect but also the role of financial market risk and the impact on production and employment.

These notes develop a dynamic macroeconomic model which incorporates these aspects within a flexible theoretical framework. The proposed approach provides a large scale population model and features a sound description of the production side as well as of the financial side of the economy and their interactions with the pension system.

Within this framework various adjustment policies of the pension system are studied under different population scenarios. The consequences for the economy and the welfare of consumers are analyzed and compared.

Les informations fournies dans la section « Synopsis » peuvent faire référence à une autre édition de ce titre.

Éditeur
Springer
Date d'édition
2008
Langue
anglais
ISBN 10 
354077971X
ISBN 13 
9783540779711
Reliure
Broché
Nombre de pages
192
Coordonnées du fabricant
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