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CGE modeling social security reforms

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  • Fehr, Hans

Abstract

The paper reviews CGE models that have dealt with social security issues during the last two decades. After introducing the benchmark model from Auerbach and Kotlikoff (1987), we consider the impact of the demographic transition on international capital markets and national wages. Then the discussion focusses on optimal funding and optimal progressivity of social security and concludes with some possible directions for future research.

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  • Fehr, Hans, 2016. "CGE modeling social security reforms," Journal of Policy Modeling, Elsevier, vol. 38(3), pages 475-494.
    • Handle: RePEc:eee:jpolmo:v:38:y:2016:i:3:p:475-494
    DOI: 10.1016/j.jpolmod.2016.02.007
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    2. Makarski, Krzysztof & Tyrowicz, Joanna, 2019. "On welfare effects of increasing retirement age," Journal of Policy Modeling, Elsevier, vol. 41(4), pages 718-746.
    3. Oliwia Komada & Krzysztof Makarski & Joanna Tyrowicz, 2021. "Progressing towards efficiency: the role for labor tax progression in reforming social security," GRAPE Working Papers 57, GRAPE Group for Research in Applied Economics.
    4. George Kudrna & John Piggott & Phitawat Poonpolkul, 2022. "Extending Pension Policy in Emerging Asia: An Overlapping-Generations Model Analysis for Indonesia," PIER Discussion Papers 171, Puey Ungphakorn Institute for Economic Research.
    5. Turdyeva, Natalia, 2019. "Effects of a terms of trade shock on the Russian economy," Conference papers 333094, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    6. Woodland, A., 2016. "Taxation, Pensions, and Demographic Change," Handbook of the Economics of Population Aging, in: Piggott, John & Woodland, Alan (ed.), Handbook of the Economics of Population Aging, edition 1, volume 1, chapter 0, pages 713-780, Elsevier.
    7. Nassios, Jason & Giesecke, James A. & Dixon, Peter B. & Rimmer, Maureen T., 2019. "Mandated superannuation contributions and the structure of the financial sector in Australia," Journal of Policy Modeling, Elsevier, vol. 41(5), pages 859-881.
    8. Miguel Sanchez-Romero & Alexia Prskawetz, 2020. "The Impact of Reducing the Pension Generosity on Inequality and Schooling," De Economist, Springer, vol. 168(2), pages 279-304, June.
    9. Luuk Metselaar & Peter Zwaneveld & Casper Ewijk, 2022. "Reforming Occupational Pensions in the Netherlands: Contract and Intergenerational Aspects," De Economist, Springer, vol. 170(1), pages 7-36, February.
    10. Andrei Ionut Husman, 2018. "Taxation Of Employees In Romania In 2018. Changes And Its Results On The Country’S Economy," Oradea Journal of Business and Economics, University of Oradea, Faculty of Economics, vol. 3(special), pages 46-55, May.
    11. Makarski, Krzysztof & Tyrowicz, Joanna & Komada, Oliwia, 2021. "Efficiency versus Insurance: Capital Income Taxation and Privatizing Social Security," IZA Discussion Papers 14805, Institute of Labor Economics (IZA).

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