Zobrazeno 1 - 10
of 69
pro vyhledávání: '"Lex Meijdam"'
Publikováno v:
European Economic Review, 148:104227. Elsevier Science BV
Over the last decades, we have generally seen a gradual shift from pay-as-you-go (PAYG) to funding to finance pensions. In this paper, we develop an analytical framework that includes three models of pension design, allowing us to study the role of e
Publikováno v:
Journal of Population Economics, 30(3), 953-976. Springer New York
This paper stems from the observation that there are two world-wide trends, pension reform and population ageing, and asks whether the two may be related. Exploring the cases of pension reform in different countries, we find that, although they are v
Publikováno v:
Journal of Pension Economics and Finance, 18(1), 140-164. CAMBRIDGE UNIV PRESS
The central question of this paper is how international trade and specialization are affected by different designs of pension schemes and asymmetric demographic changes. In a model with two goods, two countries and two production factors, we find tha
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::14ed024a0b55702310dd5cdd6a48a755
https://research.tilburguniversity.edu/en/publications/ee33f8ad-0bf1-45ff-ae79-a8df927e9994
https://research.tilburguniversity.edu/en/publications/ee33f8ad-0bf1-45ff-ae79-a8df927e9994
Publikováno v:
Journal of Pension Economics and Finance, 17(1), 1-22. CAMBRIDGE UNIV PRESS
Retirement flexibility is often seen as a hedge against macroeconomic risks such as capital market risks, which justifies more risky asset portfolios. This paper analyses the robustness of this claim in both a partial equilibrium and general equilibr
Autor:
Lex Meijdam, Igor Fedotenkov
Publikováno v:
International Economics and Economic Policy. 11:431-450
This paper shows that in a two-country two-overlapping-generations model with migration, capital mobility and an immobile production factor (land), a locally welfare-improving pension reform at the cost of the neighboring country is possible if land
Autor:
Igor Fedotenkov, Lex Meijdam
Publikováno v:
De Economist. 161:175-197
Many European Union states have adjusted pension benefits or reformed the pension system in reaction to the recent economic crisis, while other member states have postponed this type of adjustments. In this paper we study to what extent countries tha
The Effectiveness of a Fiscal Transfer Mechanism in a Monetary Union: A DSGE Model for the Euro Area
Autor:
Lex Meijdam, Loes Verstegen
Publikováno v:
SSRN Electronic Journal.
In this paper, we incorporate a transfer mechanism into a DSGE model with a rich fiscal sector to assess the effectiveness of fiscal transfers for a monetary union, in particular for the Economic and Monetary Union. Using a heterogeneous setup, the m
Publikováno v:
Economica. 74:736-755
This paper analyses the consequences of a switch to a more funded pension scheme for economic growth in an economy that consists of a capital-intensive commodity sector with endogenous growth and a labour-intensive services sector. The increased savi
Autor:
Lex Meijdam, Bas van Groezen
Publikováno v:
Journal of Population Economics. 21:573-588
This paper analyses the relation between public pensions, fertility and child care in a closed-economy overlapping generations model with endogenous fertility. It is shown that raising a child involves two social externalities and that it is optimal
Publikováno v:
Journal of Public Economics. 88:131-159
This paper analyses migration behaviour of mobile workers in reaction to population ageing. We show that the conventional wisdom that a decrease in fertility will lead to a rise in wages, and thus to an inflow of immigrants that mitigates the adverse