This dissertation analyzes the impact of pension policies on household behavior and macroeconomic variables during demographic change. It consists of six studies applying various life-cycle models in an overlapping generations (OLG) framework. Starting from labor supply reactions to pension reforms, changing retirement incentives and decisions are then added. Subsequent studies deviate from the neoclassical view and introduce time-inconsistency, concentrating on international differences and labor supply, respectively. The last chapter disentangles the impact of aging on inflation.
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This dissertation analyzes the impact of pension policies on household behavior and macroeconomic variables during demographic change. It consists of six studies applying various life-cycle models in an overlapping generations (OLG) framework. Starting from labor supply reactions to pension reforms, changing retirement incentives and decisions are then added. Subsequent studies deviate from the neoclassical view and introduce time-inconsistency, concentrating on international differences and lab...
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