Gone with the windfall – Germany's Second LTC Strengthening Act and its intergenerational implications
Author
Abstract
Suggested Citation
DOI: 10.1016/j.jeoa.2020.100254
Download full text from publisher
References listed on IDEAS
- Robert M. Solow, 1956. "A Contribution to the Theory of Economic Growth," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 70(1), pages 65-94.
- Paul A. Samuelson, 1958. "An Exact Consumption-Loan Model of Interest with or without the Social Contrivance of Money," Journal of Political Economy, University of Chicago Press, vol. 66(6), pages 467-467.
- Hans Fehr & Wenche Irén Sterkeby & Øystein Thøgersen, 2003.
"Social security reforms and early retirement,"
Journal of Population Economics, Springer;European Society for Population Economics, vol. 16(2), pages 345-361, May.
- Fehr, H. & Sterkeby, W.I. & Thogersen, O., 2000. "Social Security Reforms and Early Retirement," Papers 16/00, Norwegian School of Economics and Business Administration-.
- Fehr, Hans & Sterkeby, Wenche I. & Thøgersen, Øystein, 2000. "Social security reforms and early retirement," W.E.P. - Würzburg Economic Papers 24, University of Würzburg, Department of Economics.
- Arentz, Christine & Moritz, Maik & Eich, Holger & Wild, Frank, 2019. "Die versteckte Verschuldung der Sozialen Pflegeversicherung," WIP-Analysen 3/2019, WIP – Wissenschaftliches Institut der PKV.
- Andreas Werblow & Stefan Felder & Peter Zweifel, 2007. "Population ageing and health care expenditure: a school of ‘red herrings’?," Health Economics, John Wiley & Sons, Ltd., vol. 16(10), pages 1109-1126, October.
- Victor R. Fuchs, 2018.
"“Though Much Is Taken”: Reflections on Aging, Health, and Medical Care,"
World Scientific Book Chapters, in: Health Economics and Policy Selected Writings by Victor Fuchs, chapter 33, pages 403-424,
World Scientific Publishing Co. Pte. Ltd..
- Victor R. Fuchs, 1984. ""Though Much is Taken" -- Reflections on Aging, Health, and Medical Care," NBER Working Papers 1269, National Bureau of Economic Research, Inc.
- Gabrielle Demange, 2009.
"On Sustainable Pay‐as‐You‐Go Contribution Rules,"
Journal of Public Economic Theory, Association for Public Economic Theory, vol. 11(4), pages 493-527, August.
- Gabrielle Demange, 2009. "On sustainable Pay-As-you-Go contribution rules," Post-Print halshs-00670876, HAL.
- Gabrielle Demange, 2009. "On sustainable Pay-As-you-Go contribution rules," PSE-Ecole d'économie de Paris (Postprint) halshs-00670876, HAL.
- repec:ces:ifodic:v:7:y:2009:i:4:p:14567035 is not listed on IDEAS
- Joan Costa-Font & Raphael Wittenberg & Concepció Patxot & Adelina Comas-Herrera & Cristiano Gori & Alessandra di Maio & Linda Pickard & Alessandro Pozzi & Heinz Rothgang, 2008. "Projecting Long-Term Care Expenditure in Four European Union Member States: The Influence of Demographic Scenarios," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 86(2), pages 303-321, April.
- A. J. Auerbach & M. Feldstein (ed.), 2002. "Handbook of Public Economics," Handbook of Public Economics, Elsevier, edition 1, volume 4, number 4.
- Christian Hagist & Stefan Moog & Bernd Raffelhüschen & Johannes Vatter, 2009. "Public Debt and Demography - An International Comparison Using Generational Accounting," ifo DICE Report, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 7(04), pages 29-36, January.
- Christian Hagist & Stefan Moog & Bernd Raffelhüschen & Johannes Vatter, 2009. "Public Debt and Demography - An International Comparison Using Generational Accounting," ifo DICE Report, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 7(4), pages 29-36, 01.
- de Meijer, Claudine & Koopmanschap, Marc & d' Uva, Teresa Bago & van Doorslaer, Eddy, 2011. "Determinants of long-term care spending: Age, time to death or disability?," Journal of Health Economics, Elsevier, vol. 30(2), pages 425-438, March.
- Martin Feldstein, 2005.
"Structural Reform of Social Security,"
Journal of Economic Perspectives, American Economic Association, vol. 19(2), pages 33-55, Spring.
- Martin Feldstein, 2005. "Structural Reform of Social Security," NBER Working Papers 11098, National Bureau of Economic Research, Inc.
- Feldstein, Martin, 2005. "Structural Reform of Social Security," Scholarly Articles 2794830, Harvard University Department of Economics.
- Bruce, Neil & Turnovsky, Stephen J., 2013. "Social security, growth, and welfare in overlapping generations economies with or without annuities," Journal of Public Economics, Elsevier, vol. 101(C), pages 12-24.
- Alan J. Auerbach & Jagadeesh Gokhale & Laurence J. Kotlikoff, 1991.
"Generational Accounts: A Meaningful Alternative to Deficit Accounting,"
NBER Chapters, in: Tax Policy and the Economy, Volume 5, pages 55-110,
National Bureau of Economic Research, Inc.
- Alan J. Auerbach & Jagadeesh Gokhale & Laurence J. Kotlikoff, 1991. "Generational Accounts - A Meaningful Alternative to Deficit Accounting," NBER Working Papers 3589, National Bureau of Economic Research, Inc.
- Alan J. Auerbach & Jagadeesh Gokhale & Laurence J. Kotlikoff, 1991. "Generational accounts: a meaningful alternative to deficit accounting," Working Papers (Old Series) 9103, Federal Reserve Bank of Cleveland.
- Gonzalez-Eiras, Martin & Niepelt, Dirk, 2008.
"The future of social security,"
Journal of Monetary Economics, Elsevier, vol. 55(2), pages 197-218, March.
- Martin Gonzalez-Eiras & Dirk Niepelt, 2007. "The Future of Social Security," Working Papers 07.02, Swiss National Bank, Study Center Gerzensee.
- , & Gonzalez-Eiras, Martin, 2007. "The Future of Social Security," CEPR Discussion Papers 6245, C.E.P.R. Discussion Papers.
- repec:bla:scandj:v:94:y:1992:i:2:p:303-18 is not listed on IDEAS
- Andreas Werblow & Stefan Felder & Peter Zweifel, 2007. "Population ageing and health care expenditure: a school of 'red herrings'?," Health Economics, John Wiley & Sons, Ltd., vol. 16(10), pages 1109-1126.
- Alan J. Auerbach & Jagadeesh Gokhale & Laurence J. Kotlikoff, 1994. "Generational Accounting: A Meaningful Way to Evaluate Fiscal Policy," Journal of Economic Perspectives, American Economic Association, vol. 8(1), pages 73-94, Winter.
- Nishiyama, Shinichi, 2015.
"Fiscal policy effects in a heterogeneous-agent OLG economy with an aging population,"
Journal of Economic Dynamics and Control, Elsevier, vol. 61(C), pages 114-132.
- Shinichi Nishiyama, 2015. "Fiscal Policy Effects in a Heterogeneous-Agent OLG Economy with an Aging Population," Working Papers 89793613, Lancaster University Management School, Economics Department.
- Nadash, Pamela & Cuellar, Alison Evans, 2017. "The emerging market for supplemental long term care insurance in Germany in the context of the 2013 Pflege-Bahr reform," Health Policy, Elsevier, vol. 121(6), pages 588-593.
- Martin Karlsson & Florian Klohn, 2014. "Testing the red herring hypothesis on an aggregated level: ageing, time-to-death and care costs for older people in Sweden," The European Journal of Health Economics, Springer;Deutsche Gesellschaft für Gesundheitsökonomie (DGGÖ), vol. 15(5), pages 533-551, June.
- A. J. Auerbach & M. Feldstein (ed.), 2002. "Handbook of Public Economics," Handbook of Public Economics, Elsevier, edition 1, volume 3, number 3.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Bahnsen, Lewe & Wild, Frank, 2021. "Langfristige Finanzierungslasten durch kurzfristige Neuregelungen in der Pflegeversicherung," WIP-Kurzanalysen Juni 2021, WIP – Wissenschaftliches Institut der PKV, Köln.
- Bahnsen, Lewe & Wild, Frank, 2023. "Soziale Pflegeversicherung heute und morgen: Stand und mögliche Szenarien," WIP-Analysen März 2023, WIP – Wissenschaftliches Institut der PKV.
- Bahnsen, Lewe & Wild, Frank, 2021. "Bürgerversicherung oder Finanzausgleich? Keine Lösungen für die demografischen Herausforderungen in der Pflege," WIP-Kurzanalysen Oktober 2021, WIP – Wissenschaftliches Institut der PKV, Köln.
- Stefan Fetzer & Christian Hagist, 2021. "Vorschlag zur Reform der Pflegeversicherung – Funktioniert die Soziale Marktwirtschaft noch? [A Reform Proposal for Germany’s Long - term Care Insurance–Is the Social Market Economy Still Functioni," Wirtschaftsdienst, Springer;ZBW - Leibniz Information Centre for Economics, vol. 101(2), pages 134-137, February.
- Stefan Fetzer & Stefan Moog, 2021. "Indicators for Measuring Intergenerational Fairness of Social Security Systems—The Case of the German Social Health Insurance," Sustainability, MDPI, vol. 13(10), pages 1-18, May.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Lewe Bahnsen & Stefan Fetzer & Fabian Franke & Christian Hagist, 2018. "Gone with the Windfall - Germany‘s Second LTC Strengthening Act and its Intergenerational Implications," WHU Working Paper Series - Economics Group 18-05, WHU - Otto Beisheim School of Management.
- Stefan Fetzer & Stefan Moog, 2021. "Indicators for Measuring Intergenerational Fairness of Social Security Systems—The Case of the German Social Health Insurance," Sustainability, MDPI, vol. 13(10), pages 1-18, May.
- Joan Costa‐Font & Cristina Vilaplana‐Prieto, 2020.
"‘More than one red herring'? Heterogeneous effects of ageing on health care utilisation,"
Health Economics, John Wiley & Sons, Ltd., vol. 29(S1), pages 8-29, October.
- Costa-Font, Joan & Vilaplana-Prieto, Cristina, 2020. "More than one red herring? Heterogeneous effects of ageing on healthcare utilisation," LSE Research Online Documents on Economics 104243, London School of Economics and Political Science, LSE Library.
- Costa-Font, Joan & Vilaplana-Prieto, Cristina, 2020. "'More Than One Red Herring'? Heterogeneous Effects of Ageing on Healthcare Utilisation," IZA Discussion Papers 13228, Institute of Labor Economics (IZA).
- Joan Costa-i-Font & Cristina Vilaplana-Prieto, 2020. "'More than One Red Herring'? Heterogeneous Effects of Ageing on Healthcare Utilisation," CESifo Working Paper Series 8300, CESifo.
- Walter Fisher & Christian Keuschnigg, 2010.
"Pension reform and labor market incentives,"
Journal of Population Economics, Springer;European Society for Population Economics, vol. 23(2), pages 769-803, March.
- Fisher, Walter H. & Keuschnigg, Christian, 2007. "Pension Reform and Labor Market Incentives," Economics Series 208, Institute for Advanced Studies.
- Walter H. Fisher & Christian Keuschnigg, 2007. "Pension Reform and Labor Market Incentives," CESifo Working Paper Series 2057, CESifo.
- Walter H. Fisher & Christian Keuschnigg, 2007. "Pension Reform and Labor Market Incentives," University of St. Gallen Department of Economics working paper series 2007 2007-13, Department of Economics, University of St. Gallen.
- Maciej Lis, 2015. "Red Herring in the Vistula River: Time-to-Death and Health Care Expenditure," IBS Working Papers 13/2015, Instytut Badan Strukturalnych.
- Beetsma, R. & Romp, W., 2016. "Intergenerational Risk Sharing," Handbook of the Economics of Population Aging, in: Piggott, John & Woodland, Alan (ed.), Handbook of the Economics of Population Aging, edition 1, volume 1, chapter 0, pages 311-380, Elsevier.
- Friedrich Breyer & Normann Lorenz, 2021.
"The “red herring” after 20 years: ageing and health care expenditures,"
The European Journal of Health Economics, Springer;Deutsche Gesellschaft für Gesundheitsökonomie (DGGÖ), vol. 22(5), pages 661-667, July.
- Friedrich Breyer & Normann Lorenz, 2019. "The "Red Herring" after 20 Years: Ageing and Health Care Expenditures," CESifo Working Paper Series 7951, CESifo.
- Gonand, Frédéric & Jouvet, Pierre-André, 2015.
"The “second dividend” and the demographic structure,"
Journal of Environmental Economics and Management, Elsevier, vol. 72(C), pages 71-97.
- Frédéric Gonand & Pierre-André Jouvet, 2014. "The "Second Dividend" and the Demographic Structure," Working Papers 1405, Chaire Economie du climat.
- Frédéric Gonand & Pierre-André Jouvet, 2015. "The "Second Dividend" and the Demographic Structure," Post-Print hal-01291489, HAL.
- Caravaggio, Nicola & Resce, Giuliano, 2023. "Enhancing Healthcare Cost Forecasting: A Machine Learning Model for Resource Allocation in Heterogeneous Regions," Economics & Statistics Discussion Papers esdp23090, University of Molise, Department of Economics.
- Miguel Sánchez-Romero & Concepció Patxot & Elisenda Rentería & Guadalupe Souto, 2013. "On the effects of public and private transfers on capital accumulation: some lessons from the NTA aggregates," Journal of Population Economics, Springer;European Society for Population Economics, vol. 26(4), pages 1409-1430, October.
- Lewis Evans & Neil Quigley, 2013. "Intergenerational Contracts and Time Consistency: Implications for Policy Settings and Governance in the Social Welfare System," Treasury Working Paper Series 13/25, New Zealand Treasury.
- André Decoster & Xavier Flawinne & Pieter Vanleenhove, 2014. "Generational accounts for Belgium: fiscal sustainability at a glance," Empirica, Springer;Austrian Institute for Economic Research;Austrian Economic Association, vol. 41(4), pages 663-686, November.
- Jean-Pierre Laffargue, 2009. "Intergenerational Transfers and the Stability of Public Debt with Short-Lived Governments," Mathematical Population Studies, Taylor & Francis Journals, vol. 16(1), pages 79-104.
- Elmendorf, Douglas W. & Gregory Mankiw, N., 1999.
"Government debt,"
Handbook of Macroeconomics, in: J. B. Taylor & M. Woodford (ed.), Handbook of Macroeconomics, edition 1, volume 1, chapter 25, pages 1615-1669,
Elsevier.
- Douglas W. Elmendorf & N. Gregory Mankiw, 1998. "Government Debt," Harvard Institute of Economic Research Working Papers 1820, Harvard - Institute of Economic Research.
- Douglas W. Elmendorf & N. Gregory Mankiw, 1998. "Government Debt," NBER Working Papers 6470, National Bureau of Economic Research, Inc.
- Elmendorf, Douglas W. & Mankiw, N, 1999. "Government Debt," Scholarly Articles 2643866, Harvard University Department of Economics.
- Douglas W. Elmendorf & N. Gregory Mankiw, 1998. "Government debt," Finance and Economics Discussion Series 1998-09, Board of Governors of the Federal Reserve System (U.S.).
- Friedrich Breyer & Normann Lorenz & Thomas Niebel, 2015.
"Health care expenditures and longevity: is there a Eubie Blake effect?,"
The European Journal of Health Economics, Springer;Deutsche Gesellschaft für Gesundheitsökonomie (DGGÖ), vol. 16(1), pages 95-112, January.
- Friedrich Breyer & Normann Lorenz & Thomas Niebel, 2012. "Health Care Expenditures and Longevity: Is There a Eubie Blake Effect?," Discussion Papers of DIW Berlin 1226, DIW Berlin, German Institute for Economic Research.
- Friedrich Breyer & Normann Lorenz & Thomas Niebel, 2012. "Health Care Expenditures and Longevity: Is there a Eubie Blake Effect?," Research Papers in Economics 2012-01, University of Trier, Department of Economics.
- Vincenzo Atella & Valentina Conti, 2013. "The effect of age and time to death on health care expenditures: the Italian experience," CEIS Research Paper 267, Tor Vergata University, CEIS, revised 12 Nov 2013.
- Dirk Krueger & Felix Kubler, 2006.
"Pareto-Improving Social Security Reform when Financial Markets are Incomplete!?,"
American Economic Review, American Economic Association, vol. 96(3), pages 737-755, June.
- Dirk Krueger & Felix Kubler, 2003. "Pareto Improving Social Security Reform when Financial Markets are Incomplete?," NBER Working Papers 9410, National Bureau of Economic Research, Inc.
- Krueger, Dirk & Kübler, Felix, 2005. "Pareto Improving Social Security Reform when Financial Markets Are Incomplete," CEPR Discussion Papers 5039, C.E.P.R. Discussion Papers.
- Krueger, Dirk & Kubler, Felix, 2005. "Pareto improving social security reform when financial markets are incomplete!?," CFS Working Paper Series 2005/12, Center for Financial Studies (CFS).
- Jacques Le Cacheux & Vincent Touzé, 2002.
"Les modèles d'équilibre général calculable à générations imbriquées. Enjeux, méthodes et résultats,"
Revue de l'OFCE, Presses de Sciences-Po, vol. 80(1), pages 87-113.
- Jacques Le Cacheux & Vincent Touzé, 2002. "Les modèles d'équilibre général calculable à générations imbriquées : enjeux, méthodes et résultats," SciencePo Working papers Main hal-01017728, HAL.
- Jacques Le Cacheux & Vincent Touzé, 2002. "Les modèles d'équilibre général calculable à générations imbriquées : enjeux, méthodes et résultats," Post-Print hal-01017728, HAL.
- Torbe M. Andersen, 2012. "Fiscal sustainability and fiscal policy targets," Economics Working Papers 2012-15, Department of Economics and Business Economics, Aarhus University.
- Leon Bettendorf & A. Horst & N. Draper & C. Ewijk & R. Mooij & H. Rele, 2011. "Ageing and the Conflict of Interest Between Generations," De Economist, Springer, vol. 159(3), pages 257-278, September.
More about this item
Keywords
Generational accounting; Long-term care insurance; Intergenerational distribution;All these keywords.
JEL classification:
- H51 - Public Economics - - National Government Expenditures and Related Policies - - - Government Expenditures and Health
- I13 - Health, Education, and Welfare - - Health - - - Health Insurance, Public and Private
- J14 - Labor and Demographic Economics - - Demographic Economics - - - Economics of the Elderly; Economics of the Handicapped; Non-Labor Market Discrimination
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:joecag:v:17:y:2020:i:c:s2212828x20300190. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: https://www.journals.elsevier.com/the-journal-of-the-economics-of-ageing .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.