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Albert-Ludwigs-Universität Freiburg im Breisgau >
Institut für Volkswirtschaftslehre und Finanzwissenschaft I, Universität Freiburg >
Diskussionsbeiträge, Inst. f. Finanzwissenschaft, Universität Freiburg >
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http://hdl.handle.net/10419/38835
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| Title: | | Internal rates of return of the German statutory long-term care insurance  |
| Authors: | | Häcker, Jasmin Raffelhüschen, Bernd |
| Issue Date: | | 2005 |
| Series/Report no.: | | Diskussionsbeiträge // Institut für Finanzwissenschaft der Albert-Ludwigs-Universität Freiburg im Breisgau 137 |
| Abstract: | | Presuming an ageing population, every introduction of a pay-as-you-go scheme causes intergenerational redistribution in favor of the first generations and to the burden of young and future generations. Using the concept of internal rates of return we want to examine the extent to which the first generations drew an introductory benefit from the implementation of the German statutory long-term care insurance as an unfunded system. Furthermore, a comparison between the internal rates of return will show firstly to what extent different generations are burdened by having to redeem the implicit debt, and secondly which generations are involved in paying back the introductory gain. |
| Subjects: | | long-term care insurance internal rate of return demography |
| JEL: | | I18 J10 |
| Persistent Identifier of the first edition: | | urn:nbn:de:bsz:25-opus-22023 |
| Document Type: | | Working Paper |
| Appears in Collections: | | Diskussionsbeiträge, Inst. f. Finanzwissenschaft, Universität Freiburg
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