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1 - 10 van 24 voor intergenerational balance
Microsoft Word - ageing_.doc
... effects of reforms on the intergenerational balance are important for the question which further reforms are most attractive. key words ageing, public finances, intergenerational balance jel code h62, j11 abstract ... the balance between revenues and expenditures is expected to worsen. this concept of sustainability can be motivated from the point of view of efficiency and of intergenerational equity ...
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Dia 1
... 1. facilitating life-cycle financial planning 2. insuring idiosyncratic risks 3. smoothing macroeconomic risks - intergenerational risk sharing of systemic risks (shocks in financial capital, human capital, demography) - why? ... may vote by voice or feet goverment drawbacks how to take risks on the balance sheet? taxes on human capital income and financial capital income distortionary impact can ...
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Recent developments in healthcare reform
... bureau for economic policy analysis may 12, 2011seminar sustainability dutch health care large intergenerational transfers no age specific contributions while costs rise with age leeftijd dzd euro ... use taxes - not expenditures - for redistribution financing higher benefit higher (individual) payments efficiency right balance between insurance and incentives may 12, 2011seminar sustainability dutch ...
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Microsoft Word - discussion145.doc
... versatile than employees. 10 individuals may wish more flexibility to improve their work family balance (duggan, 1998; edwards and field-hendry, 2002; wellington, 2006). self-employment offers possibilities ... -eakin, 2000, financial capital, human capital, and the transition to self- employment evidence from intergenerational links, journal of labor economics, vol. 18, no. 2, pp. 282 305. duggan, c ...
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Microsoft Word - cpbdoc218.doc
... vary between scenarios. these differences then translate into differences in the complexity of balance sheets, the ability to coordinate policy internationally, the information gap faced by regulators, ... to the public finances, but also for their implications for the intra- and intergenerational distribution of burdens and benefits, economic growth, and political and administrative durability. this ...
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Discussion paper
... concerns pointed out are the inability of ga models to enclose intergenerational private transfers that could partially or fully offset the intergenerational effects of fiscal policies; the assumption that only the ... participation rates. net benefits for each year and age group are subsequently calculated as the balance of all benefits and burdens. this results in a matrix of net benefits for ...
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Microsoft Word - cpbdoc_tang.doc
... changes. chapter 3 discusses how the different factors underlying the ageing process influence the balance between national savings and investment. it takes a closer look at the different elements ... can encourage financial savings by the baby-boom generation in several ways. 11 referring to intergenerational fairness, hans werner sinn (2000) points out that the baby-boom generations have failed ...
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Working Paper (set-up) Engelsta [PFP#802640440]
... ways. an increase in life expectancy raises pension costs, and ageing changes the balance between generations, thus reducing the possibilities to absorb unanticipated shocks (chapter 8). healthcare ... no longer is neutral from the point of view of intergenerational distribution. 3.3 equity and efficiency intergenerational neutrality takes as criterion that generations benefit equally from the ...
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00/research memorandum Can we a [PFP#1092373775]
... implicit intergeneratio- nalcontractbetweengenerationsmaybreakdown as individualizationerodesintergene- rational altruism. without intergenerational altruism, the implicit intergenerational contract is vulnerable to the so-called hold ... 0 macro-economic balances in oecd current account balance + 0 government balance + private saving-investment balance + technology biased towards low-skilled labor + ...
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fiscal prefunding response demographic uncertainty pdf
... (thousands of fte's) capital stock (billions of euros) private consumption current account balance these changes will have significant effects on government finances if fiscal arrangements remain ... will be proportionally smaller. it is clear that each simulation will involve some intergenerational redistribution relative to the baseline. aggregating the equivalent variations over all cohorts gives ...
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