ENGLISH

Private Intergenerational Transfers and Population Aging: The German Case

By Dr. Erik Lüth (auth.)

Book information

Publisher
Physica-Verlag Heidelberg
Year
2001
ISBN
978-3-7908-1402-6, 978-3-642-57588-4
DOI
10.1007/978-3-642-57588-4
Language
english
Format
PDF
Filesize
4 MB (3883584 bytes)
Series
Contributions to Economics
Edition
1
Pages
188\192
Orientation
yes
Scanned
yes
Time added
2013-08-01 04:00:00
Population Economics; Economic Policy

Description

In the forthcoming decades the industrialized countries will experience a demographic transition that is unprecedented in history. While the transition's impact on public pension schemes has extensively been examined, its implication for private intergenerational transfers has gone almost unnoticed by the literature. This study attempts to make up for that gap in the literature. It gives a comprehensive overview of private transfer patterns in Germany, extends the methodology of generational accounting to include private intergenerational transfers, and presents a computable general equilibrium model that for the first time allows to analyze various bequest motives in a unified framework.

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