Population aging, social security design, and early retirement.

作者: Axel Borsch-Supan

DOI:

关键词: Socioeconomic statusDemographic AgingDeveloped countryOption valueDemographic economicsWestern europeEconomic growthPopulation ageingPopulationEconomicsSocial security

摘要: The aging of the industrialized countries will dramatically strain their social security systems. In Germany for example 100 employed persons now support about 40 elderly but 85 have to be sustained by same number in year 2030. This pressure is exacerbated observed trend towards earlier retirement ages. paper presents cross-national evidence and an option value analysis decision argue that distortions created actuarially unfair design systems United States particularly significantly contributed this trend. (SUMMARY IN GER) (EXCERPT)

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