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Pension Systems, Demographic Change, and the Stock Market (Paperback, 2008 ed.) Loot Price: R1,491
Discovery Miles 14 910
Pension Systems, Demographic Change, and the Stock Market (Paperback, 2008 ed.): Marten Hillebrand

Pension Systems, Demographic Change, and the Stock Market (Paperback, 2008 ed.)

Marten Hillebrand

Series: Lecture Notes in Economics and Mathematical Systems, 610

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Loot Price R1,491 Discovery Miles 14 910 | Repayment Terms: R140 pm x 12*

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Due to the accelerating demographic change of the population the reform of the existing pension systems constitutes one of the greatest political challenges in most European countries.

A theoretical discussion of different pension reforms must incorporate not only the demographic aspect but also the role of financial market risk and the impact on production and employment.

These notes develop a dynamic macroeconomic model which incorporates these aspects within a flexible theoretical framework. The proposed approach provides a large scale population model and features a sound description of the production side as well as of the financial side of the economy and their interactions with the pension system.

Within this framework various adjustment policies of the pension system are studied under different population scenarios. The consequences for the economy and the welfare of consumers are analyzed and compared.

General

Imprint: Springer-Verlag
Country of origin: Germany
Series: Lecture Notes in Economics and Mathematical Systems, 610
Release date: February 2008
First published: 2008
Authors: Marten Hillebrand
Dimensions: 235 x 155 x 10mm (L x W x T)
Format: Paperback
Pages: 178
Edition: 2008 ed.
ISBN-13: 978-3-540-77971-1
Categories: Books > Social sciences > Sociology, social studies > Population & demography > General
Books > Business & Economics > Finance & accounting > Finance > Property & real estate
Books > Business & Economics > Finance & accounting > Finance > Investment & securities > Stocks & shares
Books > Money & Finance > Investment & securities > Stocks & shares
Books > Money & Finance > Property & real estate
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LSN: 3-540-77971-X
Barcode: 9783540779711

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