Maßnahmen zur Vermeidung von Altersarmut: Makroökonomische Folgen und Verteilungseffekte
Abstract-- There is an intensive debate about old-age poverty in Germany that has induced political parties to develop proposals for higher pensions of poor pensioners in light of the federal elections of September 2013. In addition, several proposals from economists aim at reforming the pension system in a way that mitigates old-age poverty. In this paper, we consider these proposals in a computable general equilibrium model in order to derive their effects on the income distribution, on employment, on the capital stock and on GDP. Our results indicate that negative employment, capital and GDP effects are induced by such reforms as compared to the alternative of basic means-tested social welfare in old-age. Moreover, the strongest beneficiaries would be the currently higher age employees with low in-come and much less the respective younger employees, while younger and higher age employees with high and medium incomes will lose.
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Bibliographic InfoPaper provided by German Council of Economic Experts / Sachverständigenrat zur Begutachtung der gesamtwirtschaftlichen Entwicklung in its series Working Papers with number 03/2013.
Date of creation: 2013
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Other versions of this item:
- Lars P. Feld & Manuel Kallweit & Anabell Kohlmeier, 2013. "Maßnahmen zur Vermeidung von Altersarmut: Makroökonomische Folgen und Verteilungseffekte," Perspektiven der Wirtschaftspolitik, Verein für Socialpolitik, vol. 14(3-4), pages 279-304, 08.
- Feld, Lars P. & Kallweit, Manuel & Kohlmeier, Anabell, 2013. "Maßnahmen zur Vermeidung von Altersarmut: Makroökonomische Folgen und Verteilungseffekte," Freiburg Discussion Papers on Constitutional Economics 13/10, Walter Eucken Institut e.V..
- NEP-AGE-2013-10-18 (Economics of Ageing)
- NEP-ALL-2013-10-18 (All new papers)
- NEP-GER-2013-10-18 (German Papers)
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- Viktor Vanberg, 2007. "Corporate social responsibility and the ‘game of catallaxy’: the perspective of constitutional economics," Constitutional Political Economy, Springer, vol. 18(3), pages 199-222, September.
- Vanberg, Viktor J., 2005. "Auch Staaten tut Wettbewerb gut: Eine Replik auf Paul Kirchhof," Freiburg Discussion Papers on Constitutional Economics 05/2, Walter Eucken Institut e.V..
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