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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w10525 |
来源ID | Working Paper 10525 |
The German Public Pension System: How it Was, How it Will Be | |
Axel Boersch-Supan; Christina B. Wilke | |
发表日期 | 2004-05-31 |
出版年 | 2004 |
语种 | 英语 |
摘要 | Germany still has a very generous public pay-as-you-go pension system. It is characterized by early effective retirement ages and very high effective replacement rates. Most workers receive virtually all of their retirement income from this public retirement insurance. Costs are almost 12 percent of GDP, more than 2.5 times as much as the U.S. Social Security System. The pressures exerted by population aging on this monolithic system, amplified by negative incentive effects, have induced a reform process that began in 1992 and is still ongoing. This process is the topic of this paper. It has two parts. Part A describes the German pension system as it has shaped the labor market until about the year 2000. Part B describes the three staged reform process that will convert the exemplary and monolithic Bismarckian public insurance system after the year 2000 into a complex multipillar system. The paper delivers an assessment in how far these reform steps will solve the pressing problems of a prototypical pay-as-you-go system of old age provision, hopefully with lessons for other countries with similar problems. |
主题 | Public Economics |
URL | https://www.nber.org/papers/w10525 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/568154 |
推荐引用方式 GB/T 7714 | Axel Boersch-Supan,Christina B. Wilke. The German Public Pension System: How it Was, How it Will Be. 2004. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w10525.pdf(421KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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