| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP981 |
| DP981 The Causes of Post-War Slumps and Miracles. An Evaluation of Olsonian Views on German Economic Performance in the 1920s and the 1950s | |
| Karl-Heinz Paqué | |
| 发表日期 | 1994-07-30 |
| 出版年 | 1994 |
| 语种 | 英语 |
| 摘要 | Starting from a simple, descriptive model of individual income, an explicit link between the age composition of a population and the personal distribution of incomes is established. Demographic effects on income inequality are derived. Next, a pay-as-you-go financed state pension system is introduced. The resulting government budget constraint entails interrelations between fiscal and demographic variables, causing an additional, indirect demographic impact on the distribution. This is shown not only to change, but in some cases even to reverse the distributional incidence of an aging population. Several policy conflicts arise. The point is reemphasized by an analysis of the German Pension Reform Act of 1992. The study reveals that the design of the pension formula decisively drives the relation between demographics and inequality. |
| 关键词 | Fiscal-demographic policy conflicts Income distribution Old-age insurance reform Population aging Social policy design |
| URL | https://cepr.org/publications/dp981 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/530120 |
| 推荐引用方式 GB/T 7714 | Karl-Heinz Paqué. DP981 The Causes of Post-War Slumps and Miracles. An Evaluation of Olsonian Views on German Economic Performance in the 1920s and the 1950s. 1994. |
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