Rentenreformen 1998-2001: Eine (vorläufige) Bestandsaufnahme
Since the current German government has stepped into office, there have been numerous corrections to the 'pay-as-you-go-financed' Social Security system. Adjustments to both the pressure of demographics and the labour market will have severe intergenerational impacts, which are reported with the help of generational accounting. Our findings suggest that the recent reform proposals do in fact reduce the burden on future generations. In the early version of the reform proposal mainly the younger generations paid the price, whereas the version which has been passed into law shifts most of the burden to the elderly. Copyright Verein fü Socialpolitik und Blackwell Publishers Ltd 2001
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Volume (Year): 2 (2001)
Issue (Month): 3 (08)
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References listed on IDEAS
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- Hans-Werner Sinn, 1999. "Pension Reform and Demographic Crisis: Why a Funded System is Needed and why it is not Needed," CESifo Working Paper Series 195, CESifo Group Munich.
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- Friedrich Breyer, 2000. "Kapitaldeckungs- versus Umlageverfahren," Perspektiven der Wirtschaftspolitik, Verein für Socialpolitik, vol. 1(4), pages 383-405, November.
- Alan J. Auerbach & Jagadeesh Gokhale & Laurence J. Kotlikoff, 1994. "Generational Accounting: A Meaningful Way to Evaluate Fiscal Policy," Journal of Economic Perspectives, American Economic Association, vol. 8(1), pages 73-94, Winter.
- Boll, Stephan & Raffelhuschen, Bernd & Walliser, Jan, 1994. " Social Security and Intergenerational Redistribution: A Generational Accounting Perspective," Public Choice, Springer, vol. 81(1-2), pages 79-100, October.
- Jagadeesh Gokhale & Bernd Raffelhuschen & Jan Walliser, 1994. "The burden of German unification: a generational accounting approach," Working Paper 9412, Federal Reserve Bank of Cleveland.
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