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Due to the demographic development, public pension systems in the European Union organized on a pay-as-you-go (PAYG) principle will be forced to either raise contribution rates or taxes, shorten future replacement rates, or enforce a combination of both. In this regard, two important issues have to be addressed: The first issue refers to the question of measuring the public pension liabilities of private households until today. The extent of these liabilities has an impact on the saving behaviour. The second issue refers to the consequences of the demographic development for future retirees and contributors and examines the sustainability of pension schemes by confronting the present value of future pension payments with the present value of future contributions.
EEC / European Union - EU -Europese Unie - Union Européenne - UE --- 368.43 --- 336.024 --- 339.311.1 --- 311.94 --- Ouderdomsverzekering. Voorbarige dood. Weduwen en wezen. --- Sociale begroting, rekeningen en uitgaven. Gezondheid. --- Spaarneiging. --- Verdeling van de bevolking naar leeftijd. Veroudering van de bevolking. --- Pensions --- Pension trusts --- Employee pension trusts --- Pension funds --- Pension plans --- Compensation --- Retirement pensions --- Superannuation --- Verdeling van de bevolking naar leeftijd. Veroudering van de bevolking --- Sociale begroting, rekeningen en uitgaven. Gezondheid --- Spaarneiging --- Ouderdomsverzekering. Voorbarige dood. Weduwen en wezen --- Trusts and trustees --- Retirement income --- Annuities --- Social security individual investment accounts --- Vested benefits --- Political economy --- Welfare economics --- Economic systems & structures --- Finance & accounting --- cross country comparison --- demographic development --- European --- generational accounting --- Liabilities --- Measuring --- Pension --- Public --- Public pension systems --- Union --- Weddige
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Due to falling fertility rates, the aging of the baby-boom cohort, and increases in life expectancy, the percentage of the population that is elderly is expected to increase rapidly in the United States and Japan over the next two decades. These fourteen essays show that, despite differences in culture and social and government structure, population aging will have many similar macro and micro effects on the economic status and behavior of the elderly in both countries. The most obvious effects will be on social programs such as public pension systems and the provision for medical needs of the elderly. But, the contributors demonstrate, aging will also affect markets for labor, capital, housing, and health care services. It will affect firms through their participation in the demand side of the labor market and through their provisions for pensions. And aging will influence saving rates, the rate of return on assets, the balance of payments, and, most likely, economic growth. This volume will interest scholars and policy makers concerned with the economics of aging.
Older people --- Age distribution (Demography) --- Economic conditions --- Economic aspects --- JP / Japan - Japon --- US / United States of America - USA - Verenigde Staten - Etats Unis --- 339.112.10 --- 368.43 --- 339.112.0 --- 332.832 --- 658.324 --- 332.834 --- 336.024 --- 339.311.0 --- 311.94 --- NBB congres --- Eigendom van grond en van onroerende goederen: algemeenheden. --- Ouderdomsverzekering. Voorbarige dood. Weduwen en wezen. --- Particulier vermogen: algemeenheden. --- Pensioen. Brugpensioen. --- Pensioenen. Verzekeringen. --- Pensioensparen. --- Sociale begroting, rekeningen en uitgaven. Gezondheid. --- Sparen: algemeenheden. --- Verdeling van de bevolking naar leeftijd. Veroudering van de bevolking. --- Aged --- Aging people --- Elderly people --- Old people --- Older adults --- Older persons --- Senior citizens --- Seniors (Older people) --- Distribution, Age (Demography) --- Age groups --- Persons --- Gerontocracy --- Gerontology --- Old age --- Age --- Vital statistics --- Population aging --- Verdeling van de bevolking naar leeftijd. Veroudering van de bevolking --- Pensioen. Brugpensioen --- Pensioensparen --- Sociale begroting, rekeningen en uitgaven. Gezondheid --- Particulier vermogen: algemeenheden --- Eigendom van grond en van onroerende goederen: algemeenheden --- Sparen: algemeenheden --- Ouderdomsverzekering. Voorbarige dood. Weduwen en wezen --- Pensioenen. Verzekeringen --- Older people - United States - Economic conditions - Congresses. --- Older people - Japan - Economic conditions - Congresses. --- Age distribution (Demography) - Economic aspects - United States - Congresses. --- Age distribution (Demography) - Economic aspects - Japan - Congresses. --- aging, sociology, united states, japan, getting older, economy, economics, economic effects, falling fertility rates, baby-boom cohort, life expectancy, aged, age distribution, elderly, essays, essay collection, social issues, behavior, public pension systems, medical needs, health care services, housing, capital, labor, savings, balance of payments, return on assets.
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