Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/197661 
Erscheinungsjahr: 
2018
Schriftenreihe/Nr.: 
Working Paper No. 2018:9
Verlag: 
Uppsala University, Department of Economics, Uppsala
Zusammenfassung: 
In this paper, we study alternative pension reforms designed to achieve fiscal sustainability in the face of demographic change. We are particularly interested in the heterogeneous effects across demographic groups, as improvements in health and longevity have not been uniform across the population. To this end, we develop a dynamic, structural life cycle model of heterogeneous agents who face health, mortality and income risk. We consider the following policy reform measures: (1) increasing the early access age to pensions, (2) raising income taxes, (3) lowering pension benefits and (4) lowering pension and disability benefits. We find that, of the considered policies, proportionally lowering pension and disability benefits results in the highest average welfare and the lowest degree of inequality. It is also successful at boosting employment, particularly among the less educated.
Schlagwörter: 
Life cycle
Retirement
Disability insurance
Health
JEL: 
E24
J22
J26
Persistent Identifier der Erstveröffentlichung: 
Dokumentart: 
Working Paper

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