Reform and Backlash to Reform : Economic Effects of Ageing and Retirement Policy

Reform and Backlash to Reform : Economic Effects of Ageing and Retirement Policy

Using a stochastic general equilibrium model with overlapping generations, this paper studies (i) the effects on both extensive and intensive labor supply responses to changes in fertility rates, and (ii) the potential of a retirement reform to mit...

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Bibliographic Details
Main Authors: Jensen, Svend E. Hougaard, Jorgensen, Ole Hagen
Format: Policy Research Working Paper
Language:English
Published: 2012
Subjects:
AGE COMPOSITION
AGGREGATE INCOME
ALLOCATION OF RESOURCES
BABIES
BABY
BABY BOOM
BUSINESS CYCLE
CAPITAL INVESTMENT
CHANGES IN FERTILITY
CONSUMPTION INCREASES
CONTRIBUTION RATE
DEBT
DECLINE IN FERTILITY
DEMOGRAPHIC TRENDS
DEPENDENCY RATIOS
DISCOUNT RATE
DOWNWARD PRESSURE
EARLY RETIREMENT
ECONOMIC DECISIONS
ECONOMIC GROWTH
ECONOMIC IMPLICATIONS
ECONOMIC THEORY
ECONOMICS
ELASTICITY
ELASTICITY OF SUBSTITUTION
ELDERLY
ENDOGENOUS VARIABLES
EXOGENOUS VARIABLE
FERTILITY
FERTILITY DECLINE
FERTILITY RATE
FERTILITY RATES
FINANCIAL MARKETS
FISCAL POLICY
FUTURE RESEARCH
GENERAL EQUILIBRIUM
GLOBAL POPULATION
GROSS RETURN
GROWTH RATE
HUMAN CAPITAL
IMPERFECT COMPETITION
INCOME
INDEXATION
INNOVATIONS
INTERNATIONAL MOBILITY
LABOR ECONOMICS
LABOR MARKET
LABOR SUPPLY
LABOUR
LABOUR FORCE
LABOUR FORCES
LABOUR MARKET
LABOUR SUPPLY
LONGEVITY ADJUSTMENT
LOW FERTILITY
LOWER FERTILITY
MARKET EQUILIBRIUM
MONETARY POLICY
NUMBER OF CHILDREN
NUMBER OF WORKERS
OPPORTUNITY COST
OPTIMIZATION
OVERLAPPING GENERATIONS MODEL
PAYROLL TAX
PENSION
PENSION CONTRIBUTION
PENSION CONTRIBUTIONS
PENSION REFORM
PENSION SYSTEM
PENSION SYSTEMS
POLICY MAKERS
POLICY RESEARCH
POLICY RESEARCH WORKING PAPER
POLITICAL ECONOMY
POPULATION DYNAMICS
POPULATION GROWTH
POPULATION GROWTH RATE
PRODUCTIVITY
PROGRESS
RATE OF GROWTH
REAL WAGES
REPLACEMENT RATE
RESPECT
RETIREES
RETIREMENT
RETIREMENT AGE
RETIREMENT PERIOD
RETIREMENT PERIODS
RETIREMENT POLICY
RETIREMENT SAVINGS
SOCIAL SECURITY
SOCIAL SECURITY REFORM
SURVIVAL PROBABILITIES
TAX RATE
TAXATION
UTILITY FUNCTION
WAGE RATE
WAGES
WEALTH
WORKER
WORKERS
WORKING HOURS
Online Access:http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20101109093239
http://hdl.handle.net/10986/3952

Internet

http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20101109093239
http://hdl.handle.net/10986/3952

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