Alexander Ludwig

Goethe University Frankfurt - Research Center SAFE

(http://www.safe-frankfurt.de)

Theodor-W.-Adorno-Platz 3

Frankfurt am Main, 60323

Germany

University of Cologne - Faculty of Management, Economics and Social Sciences

Albertus-Magnus-Platz

Cologne, D-50923

Germany

http://www.wiso.uni-koeln.de/cmr/alexludwig

SCHOLARLY PAPERS

34

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Scholarly Papers (34)

Idiosyncratic Risk, Aggregate Risk, and the Welfare Effects of Social Security

SAFE Working Paper No. 59
Number of pages: 80 Posted: 11 Jul 2014 Last Revised: 05 Dec 2017
Daniel Harenberg and Alexander Ludwig
ETH Zürich - CER-ETH - Center of Economic Research at ETH Zurich and Goethe University Frankfurt - Research Center SAFE
Downloads 216 (139,978)
Citation 1

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social security; idiosyncratic risk; aggregate risk; welfare

Social Security and the Interactions between Aggregate and Idiosyncratic Risk

Number of pages: 67 Posted: 27 Mar 2014
Daniel Harenberg and Alexander Ludwig
ETH Zürich - CER-ETH - Center of Economic Research at ETH Zurich and Goethe University Frankfurt - Research Center SAFE
Downloads 79 (308,498)
Citation 1

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social security, idiosyncratic risk, aggregate risk, welfare

Idiosyncratic Risk, Aggregate Risk, and the Welfare Effects of Social Security

ZEW - Centre for European Economic Research Discussion Paper No. 18-016
Number of pages: 79 Posted: 18 Apr 2018
Daniel Harenberg and Alexander Ludwig
ETH Zürich - CER-ETH - Center of Economic Research at ETH Zurich and Goethe University Frankfurt - Research Center SAFE
Downloads 31 (471,694)
Citation 3

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social security; idiosyncratic risk; aggregate risk; welfare

Social Security and the Interactions between Aggregate and Idiosyncratic Risk

Number of pages: 65 Posted: 27 Mar 2014
Daniel Harenberg and Alexander Ludwig
ETH Zürich - CER-ETH - Center of Economic Research at ETH Zurich and Goethe University Frankfurt - Research Center SAFE
Downloads 25 (505,111)
Citation 1

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social security, idiosyncratic risk, aggregate risk, welfare

Idiosyncratic Risk, Aggregate Risk, and the Welfare Effects of Social Security

International Economic Review, Vol. 60, Issue 2, pp. 661-692, 2019
Number of pages: 32 Posted: 22 May 2019
Daniel Harenberg and Alexander Ludwig
ETH Zürich - CER-ETH - Center of Economic Research at ETH Zurich and Goethe University Frankfurt - Research Center SAFE
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2.

The Impact of Changes in Stock Prices and House Prices on Consumption in OECD Countries

IMF Working Paper No. 02/1
Number of pages: 37 Posted: 30 Jan 2006
Alexander Ludwig and Torsten Sløk
Goethe University Frankfurt - Research Center SAFE and Deutsche Bank, New York
Downloads 345 (85,820)

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Consumption, wealth effect, panel cointegration, asset prices

Demographic Change, Human Capital and Endogenous Growth

Number of pages: 50 Posted: 13 Aug 2007
Alexander Ludwig, Thomas Schelkle and Edgar Vogel
Goethe University Frankfurt - Research Center SAFE, London School of Economics & Political Science (LSE) and Deutsche Bundesbank
Downloads 183 (163,660)
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population aging, human capital, endogenous growth, heterogenous agents, welfare

Demographic Change, Human Capital and Endogenous Growth

MEA Discussion Paper No. 151-07
Number of pages: 52 Posted: 06 Aug 2009
Alexander Ludwig, Thomas Schelkle and Edgar Vogel
Goethe University Frankfurt - Research Center SAFE, London School of Economics & Political Science (LSE) and Deutsche Bundesbank
Downloads 64 (347,620)
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population aging, human capital, endogenous growth, heterogenous agents, distribution of welfare

Aging and Pension Reform: Extending the Retirement Age and Human Capital Formation

SAFE Working Paper No. 82
Number of pages: 47 Posted: 22 Jan 2015
Edgar Vogel, Alexander Ludwig and Axel H. Börsch-Supan
Deutsche Bundesbank, Goethe University Frankfurt - Research Center SAFE and Max Planck Society for the Advancement of the Sciences - Munich Center for the Economics of Aging (MEA)
Downloads 99 (267,013)
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population aging, human capital, welfare, pension reform, retirement age, open economy

Aging and Pension Reform: Extending the Retirement Age and Human Capital Formation

ECB Working Paper No. 1476
Number of pages: 58 Posted: 25 Sep 2012
Edgar Vogel, Alexander Ludwig and Axel H. Börsch-Supan
Deutsche Bundesbank, Goethe University Frankfurt - Research Center SAFE and Max Planck Society for the Advancement of the Sciences - Munich Center for the Economics of Aging (MEA)
Downloads 88 (288,407)

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population aging, human capital, welfare, pension reform, retirement age, open economy

Aging and Pension Reform: Extending the Retirement Age and Human Capital Formation

MEA Discussion Paper No. 257-2012
Number of pages: 55 Posted: 21 Sep 2012
Edgar Vogel, Alexander Ludwig and Axel H. Börsch-Supan
Deutsche Bundesbank, Goethe University Frankfurt - Research Center SAFE and Max Planck Society for the Advancement of the Sciences - Munich Center for the Economics of Aging (MEA)
Downloads 41 (426,632)
Citation 1

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population aging, human capital, welfare, pension reform, retirement age, open economy

Aging and Pension Reform: Extending the Retirement Age and Human Capital Formation

NBER Working Paper No. w18856
Number of pages: 43 Posted: 01 Mar 2013
Edgar Vogel, Alexander Ludwig and Axel H. Börsch-Supan
Deutsche Bundesbank, Goethe University Frankfurt - Research Center SAFE and Max Planck Society for the Advancement of the Sciences - Munich Center for the Economics of Aging (MEA)
Downloads 12 (589,285)
Citation 1

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5.
Downloads 184 (162,818)
Citation 3

A Life-Cycle Model with Ambiguous Survival Beliefs

SAFE Working Paper No. 73
Number of pages: 60 Posted: 29 Oct 2014 Last Revised: 13 Oct 2015
Max Groneck, Alexander Ludwig and Alexander Zimper
Stockholm School of Economics, Department of Economics, Goethe University Frankfurt - Research Center SAFE and University of Pretoria
Downloads 123 (228,244)

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Bayesian learning, likelihood insensitivity, ambiguity, Choquet expected utility, dynamic inconsistency, life-cycle hypothesis, saving puzzles

A Life-Cycle Model with Ambiguous Survival Beliefs

Netspar Discussion Paper No. 03/2011-044
Number of pages: 53 Posted: 11 Jun 2011 Last Revised: 15 Jul 2013
Max Groneck, Alexander Ludwig and Alexander Zimper
Stockholm School of Economics, Department of Economics, Goethe University Frankfurt - Research Center SAFE and University of Pretoria
Downloads 61 (356,461)
Citation 2

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Ambiguity, dynamic inconsistency, life-cycle hypothesis, subjective survival rates

Social Security in an Analytically Tractable Overlapping Generations Model with Aggregate and Idiosyncratic Risk

SAFE Working Paper No. 71
Number of pages: 35 Posted: 29 Oct 2014 Last Revised: 16 Apr 2015
Daniel Harenberg and Alexander Ludwig
ETH Zürich - CER-ETH - Center of Economic Research at ETH Zurich and Goethe University Frankfurt - Research Center SAFE
Downloads 106 (254,605)

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social security, idiosyncratic risk, aggregate risk, welfare, insurance, crowding out

Social Security in an Analytically Tractable Overlapping Generations Model with Aggregate and Idiosyncratic Risk

CER-ETH – Center of Economic Research at ETH Zurich Working Paper 14/204
Number of pages: 43 Posted: 27 Sep 2014
Daniel Harenberg and Alexander Ludwig
ETH Zürich - CER-ETH - Center of Economic Research at ETH Zurich and Goethe University Frankfurt - Research Center SAFE
Downloads 24 (511,278)

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social security; idiosyncratic risk; aggregate risk; welfare; insurance; crowding out

Social Security in an Analytically Tractable Overlapping Generations Model with Aggregate and Idiosyncratic Risk.

Max Planck Institute for Social Law and Social Policy Discussion Paper No. 290-14
Number of pages: 40 Posted: 21 Oct 2014
Daniel Harenberg and Alexander Ludwig
ETH Zürich - CER-ETH - Center of Economic Research at ETH Zurich and Goethe University Frankfurt - Research Center SAFE
Downloads 20 (536,638)
Citation 1

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social security, idiosyncratic risk, aggregate risk, welfare, insurance, crowding out

7.

Demographic Change, Human Capital and Welfare

MEA Discussion Paper No. 196-2010
Number of pages: 56 Posted: 27 Jan 2010
Alexander Ludwig, Thomas Schelkle and Edgar Vogel
Goethe University Frankfurt - Research Center SAFE, London School of Economics & Political Science (LSE) and Deutsche Bundesbank
Downloads 146 (198,578)
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population aging, human capital, rate of return, distribution of welfare

Secular Stagnation? Growth, Asset Returns and Welfare in the Next Decades: First Results

SAFE Working Paper No. 145
Number of pages: 41 Posted: 28 Sep 2016
Christian Geppert, Alexander Ludwig and Raphael Abiry
Organization for Economic Co-Operation and Development (OECD) - Directorate for Employment, Labour and Social Affairs (ELS), Goethe University Frankfurt - Research Center SAFE and ZEW – Leibniz Centre for European Economic Research
Downloads 99 (267,013)

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secular stagnation, demographic change, overlapping generations, natural rate, equity premium, growth, welfare, human capital

Secular Stagnation? Growth, Asset Returns and Welfare in the Next Decades: First Results

Max Planck Institute for Social Law and Social Policy Discussion Paper No. 05-2016
Number of pages: 40 Posted: 05 Oct 2016
Christian Geppert, Alexander Ludwig and Raphael Abiry
Organization for Economic Co-Operation and Development (OECD) - Directorate for Employment, Labour and Social Affairs (ELS), Goethe University Frankfurt - Research Center SAFE and ZEW – Leibniz Centre for European Economic Research
Downloads 44 (414,729)

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secular stagnation, demographic change, overlapping generations, natural rate, equity premium, growth, welfare, human capital

9.

Aging and International Capital Flows

NBER Working Paper No. w8553
Number of pages: 31 Posted: 18 Oct 2001 Last Revised: 19 Mar 2002
Max Planck Society for the Advancement of the Sciences - Munich Center for the Economics of Aging (MEA), Goethe University Frankfurt - Research Center SAFE and Ludwig Maximilian University of Munich (LMU)
Downloads 113 (241,962)

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10.

The Impact of Biases in Survival Beliefs on Savings Behavior

SAFE Working Paper No. 169
Number of pages: 60 Posted: 31 Mar 2017
Max Groneck, Alexander Ludwig and Alexander Zimper
Stockholm School of Economics, Department of Economics, Goethe University Frankfurt - Research Center SAFE and University of Pretoria
Downloads 102 (260,021)

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saving puzzles, subjective survival beliefs, behavioral economics, prospect theory, neo-additive probability weighting, dynamic inconsistency, sophisticated versus naive behavior, quasi-hyperbolic discounting

Sharing Demographic Risk - Who is Afraid of the Baby Bust?

CESifo Working Paper Series No. 2422
Number of pages: 47 Posted: 21 Aug 2008
Alexander Ludwig and Michael Reiter
Goethe University Frankfurt - Research Center SAFE and Institute for Advanced Studies (IHS)
Downloads 77 (313,313)

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social security, pension design, optimal fiscal policy, demographic uncertainty

Sharing Demographic Risk: Who is Afraid of the Baby Bust?

MEA Discussion Paper No. 166-2008
Number of pages: 44 Posted: 05 Aug 2009 Last Revised: 22 Oct 2009
Alexander Ludwig and Michael Reiter
Goethe University Frankfurt - Research Center SAFE and Institute for Advanced Studies (IHS)
Downloads 17 (556,042)

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social security, pension design, optimal fiscal policy, demographic uncertainty

12.

Mortality, Fertility, Education and Capital Accumulation in a Simple OLG Economy

MEA Discussion Paper No. 179-2009
Number of pages: 38 Posted: 04 Aug 2009
Alexander Ludwig and Edgar Vogel
Goethe University Frankfurt - Research Center SAFE and Deutsche Bundesbank
Downloads 91 (280,049)
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Mortality, Fertility, Aging, Education, OLG

Endogenous Grids in Higher Dimensions: Delaunay Interpolation and Hybrid Methods

SAFE Working Paper No. 72
Number of pages: 37 Posted: 29 Oct 2014 Last Revised: 02 May 2016
Alexander Ludwig and Matthias Schoen
Goethe University Frankfurt - Research Center SAFE and University of Cologne
Downloads 79 (308,498)

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Dynamic Models, Numerical Solution, Method of Endogenous Gridpoints, Delaunay Interpolation

Endogenous Grids in Higher Dimensions: Delaunay Interpolation and Hybrid Methods

Max Planck Institute for Social Law and Social Policy Discussion Paper No. 274-13
Number of pages: 34 Posted: 21 Oct 2014
Alexander Ludwig and Matthias Schoen
Goethe University Frankfurt - Research Center SAFE and University of Cologne
Downloads 9 (609,880)

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Dynamic Models, Numerical Solution, Endogenous Gridpoints Method, Delaunay Interpolation

14.

On the Optimal Provision of Social Insurance

SAFE Working Paper No. 110
Number of pages: 83 Posted: 26 Jun 2015 Last Revised: 17 Nov 2015
Dirk Krueger and Alexander Ludwig
University of Pennsylvania - Department of Economics and Goethe University Frankfurt - Research Center SAFE
Downloads 84 (294,468)

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Progressive Taxation, Education Subsidy, Transitional Dynamics

15.

Aging in Europe: Reforms, International Diversification and Behavioral Reactions

Max Planck Institute for Social Law and Social Policy Discussion Paper No. 25-2014
Number of pages: 14 Posted: 22 Sep 2015
Axel H. Börsch-Supan, Klaus Härtl and Alexander Ludwig
Max Planck Society for the Advancement of the Sciences - Munich Center for the Economics of Aging (MEA), Max Planck Society for the Advancement of the Sciences - Munich Center for the Economics of Aging (MEA) and Goethe University Frankfurt - Research Center SAFE
Downloads 68 (332,525)

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aging, pension reform, labor market reform, labor supply reactions

Optimal Taxes on Capital in the OLG Model with Uninsurable Idiosyncratic Income Risk

SAFE Working Paper No. 201
Number of pages: 82 Posted: 20 Feb 2018
Dirk Krueger and Alexander Ludwig
University of Pennsylvania - Department of Economics and Goethe University Frankfurt - Research Center SAFE
Downloads 25 (505,111)

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Idiosyncratic Risk, Taxation of Capital, Overlapping Generations, Precautionary Saving, Pecuniary Externality

Optimal Taxes on Capital in the OLG Model with Uninsurable Idiosyncratic Income Risk

PIER Working Paper No. 18-004
Number of pages: 80 Posted: 26 Feb 2018
Dirk Krueger and Alexander Ludwig
University of Pennsylvania - Department of Economics and Goethe University Frankfurt - Research Center SAFE
Downloads 19 (543,117)

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Idiosyncratic Risk, Taxation of Capital, Overlapping Generations, Precautionary Saving, Pecuniary Externality

Optimal Taxes on Capital in the OLG Model with Uninsurable Idiosyncratic Income Risk

ZEW - Centre for European Economic Research Discussion Paper No. 18-014
Number of pages: 81 Posted: 18 Apr 2018
Dirk Krueger and Alexander Ludwig
University of Pennsylvania - Department of Economics and Goethe University Frankfurt - Research Center SAFE
Downloads 7 (623,830)

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Idiosyncratic Risk, Taxation of Capital, Overlapping Generations, Precautionary Saving, Pecuniary Externality

Optimal Taxes on Capital in the OLG Model with Uninsurable Idiosyncratic Income Risk

NBER Working Paper No. w24335
Number of pages: 80 Posted: 21 Feb 2018
Dirk Krueger and Alexander Ludwig
University of Pennsylvania - Department of Economics and Goethe University Frankfurt - Research Center SAFE
Downloads 6 (630,954)
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Optimal Taxes on Capital in the OLG Model with Uninsurable Idiosyncratic Income Risk

MEA Discussion Paper No. 02-2018
Number of pages: 81 Posted: 07 Mar 2018 Last Revised: 16 Mar 2018
Dirk Krueger and Alexander Ludwig
University of Pennsylvania - Department of Economics and Goethe University Frankfurt - Research Center SAFE
Downloads 5 (638,250)

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Idiosyncratic Risk, Taxation of Capital, Overlapping Generations, Precautionary Saving, Pecuniary Externality

Optimal Taxes on Capital in the OLG Model with Uninsurable Idiosyncratic Income Risk

CEPR Discussion Paper No. DP12717
Number of pages: 82 Posted: 20 Feb 2018
Dirk Krueger and Alexander Ludwig
University of Pennsylvania - Department of Economics and Goethe University Frankfurt - Research Center SAFE
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Idiosyncratic Risk, Overlapping Generations, precautionary saving, Taxation of Capital

Endogenous Retirement Behavior of Heterogeneous Households Under Pension Reforms

MEA Discussion Paper No. 04-2018
Number of pages: 52 Posted: 08 May 2018
Max Planck Society for the Advancement of the Sciences - Munich Center for the Economics of Aging (MEA), Max Planck Society for the Advancement of the Sciences - Munich Center for the Economics of Aging (MEA), Max Planck Institute for Social Law and Social Policy and Goethe University Frankfurt - Research Center SAFE
Downloads 28 (487,574)

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Population aging, pension reform, social security, life-cycle behavior, labor supply, retirement age, welfare

Endogenous Retirement Behavior of Heterogeneous Households Under Pension Reforms

SAFE Working Paper No. 221
Number of pages: 52 Posted: 31 Aug 2018
Max Planck Society for the Advancement of the Sciences - Munich Center for the Economics of Aging (MEA), Max Planck Society for the Advancement of the Sciences - Munich Center for the Economics of Aging (MEA), Max Planck Institute for Social Law and Social Policy and Goethe University Frankfurt - Research Center SAFE
Downloads 26 (499,083)

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Population aging, pension reform, social security, life-cycle behavior, labor supply, retirement age, welfare

18.

Optimal Progressive Taxation and Education Subsidies in a Model of Endogenous Human Capital Formation

MEA Discussion Paper No. 267
Posted: 17 May 2013
Dirk Krueger and Alexander Ludwig
University of Pennsylvania - Department of Economics and Goethe University Frankfurt - Research Center SAFE
Downloads 52 (379,356)
Citation 3

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Progressive Taxation, Capital Taxation, Optimal Taxation

Cognition, Optimism and the Formation of Age-Dependent Survival Beliefs

SAFE Working Paper No. 200
Number of pages: 62 Posted: 20 Feb 2018 Last Revised: 16 Apr 2019
Goethe University Frankfurt - Research Center SAFE, Stockholm School of Economics, Department of Economics, Goethe University Frankfurt - Research Center SAFE and University of Pretoria
Downloads 36 (448,128)

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Subjective Survival Beliefs, Probability Weighting Function, Con rmatory Bias, Cognition, Optimism, Pessimism

Cognition, Optimism and the Formation of Age-Dependent Survival Beliefs

ZEW - Centre for European Economic Research Discussion Paper No. 18-015
Number of pages: 60 Posted: 18 Apr 2018
Goethe University Frankfurt - Research Center SAFE, Stockholm School of Economics, Department of Economics, Goethe University Frankfurt - Research Center SAFE and University of Pretoria
Downloads 7 (623,830)
Citation 1

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Subjective Survival Beliefs, Probability Weighting Function, Confirmatory Bias, Cognition, Optimism

Cognition, Optimism and the Formation of Age-Dependent Survival Beliefs

MEA Discussion Paper No. 01-2018
Number of pages: 61 Posted: 07 Mar 2018 Last Revised: 26 Jul 2018
Goethe University Frankfurt - Research Center SAFE, Stockholm School of Economics, Department of Economics, Goethe University Frankfurt - Research Center SAFE and University of Pretoria
Downloads 4 (645,881)
Citation 1

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Subjective Survival Beliefs, Probability Weighting Function, Confirmatory Bias, Cognition, Pessimism

Aging, Pension Reform, and Capital Flows: A Multi-Country Simulation Model

NBER Working Paper No. w11850
Number of pages: 44 Posted: 04 Apr 2006 Last Revised: 03 May 2006
Max Planck Society for the Advancement of the Sciences - Munich Center for the Economics of Aging (MEA), Goethe University Frankfurt - Research Center SAFE and Ludwig Maximilian University of Munich (LMU)
Downloads 45 (410,872)
Citation 1

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Aging, Pension Reform, and Capital Flows: A Multi-Country Simulation Model

MEA Discussion Paper No. 64-04
Posted: 28 Jul 2005
Max Planck Society for the Advancement of the Sciences - Munich Center for the Economics of Aging (MEA), Ludwig Maximilian University of Munich (LMU) and Goethe University Frankfurt - Research Center SAFE

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aging, pension reform, capital mobility

21.

Aging and Pension Reform in a Two-Region World: The Role of Human Capital

MEA Discussion Paper No. 246-11
Number of pages: 51 Posted: 01 Mar 2012 Last Revised: 19 Apr 2012
Edgar Vogel, Alexander Ludwig and Axel H. Börsch-Supan
Deutsche Bundesbank, Goethe University Frankfurt - Research Center SAFE and Max Planck Society for the Advancement of the Sciences - Munich Center for the Economics of Aging (MEA)
Downloads 43 (410,581)

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population aging, human capital, rate of return, distribution of welfare

22.

Biased Bayesian Learning and the Risk-Free Rate Puzzle

MEA Discussion Paper No. 191-2009
Number of pages: 43 Posted: 11 Jan 2010
Alexander Ludwig and Alexander Zimper
Goethe University Frankfurt - Research Center SAFE and University of Pretoria
Downloads 41 (418,011)
Citation 1

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behavioral macroeconomics, bounded rationality, consumption based asset pricing, risk free rate puzzle, ambiguity, Bayesian learning

23.

Attitude Polarization

MEA Discussion Paper No. 155-07
Number of pages: 23 Posted: 06 Aug 2009
Alexander Zimper and Alexander Ludwig
University of Pretoria and Goethe University Frankfurt - Research Center SAFE
Downloads 38 (429,970)

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Non-additive Probability Measures, Choquet Expected Utility Theory, Bayesian Learning, Bounded Rationality

24.

A Parsimonious Model of Subjective Life Expectancy

MEA Discussion Paper No. 154-07
Number of pages: 35 Posted: 06 Aug 2009
Alexander Ludwig and Alexander Zimper
Goethe University Frankfurt - Research Center SAFE and University of Pretoria
Downloads 37 (434,035)
Citation 3

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subjective survival expectations; ambiguity, Bayesian learning

25.

Demographic Change, Relative Factor Prices, International Capital Flows, and Their Differential Effects on the Welfare of Generations

NBER Working Paper No. w13185
Number of pages: 39 Posted: 27 Jun 2007 Last Revised: 13 Jul 2010
Alexander Ludwig, Dirk Krueger and Axel H. Börsch-Supan
Goethe University Frankfurt - Research Center SAFE, University of Pennsylvania - Department of Economics and Max Planck Society for the Advancement of the Sciences - Munich Center for the Economics of Aging (MEA)
Downloads 33 (450,730)

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26.

On the Consequences of Demographic Change for Rates of Returns to Capital, and the Distribution of Wealth and Welfare

NBER Working Paper No. w12453
Number of pages: 45 Posted: 23 Aug 2006 Last Revised: 13 Jul 2010
Dirk Krueger and Alexander Ludwig
University of Pennsylvania - Department of Economics and Goethe University Frankfurt - Research Center SAFE
Downloads 31 (459,856)
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A Parsimonious Choquet Model of Subjective Life Expectancy

CRR Working Paper No. 2008-20
Number of pages: 41 Posted: 18 Mar 2009
Alexander Ludwig and Alexander Zimper
Goethe University Frankfurt - Research Center SAFE and University of Pretoria
Downloads 29 (482,079)
Citation 2

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A Parsimonious Choquet Model of Subjective Life Expectancy

Posted: 07 Mar 2010
Alexander Ludwig and Alexander Zimper
Goethe University Frankfurt - Research Center SAFE and University of Pretoria

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28.

Old Europe Ages: Reforms and Reform Backlashes

NBER Working Paper No. w15744
Number of pages: 47 Posted: 22 Feb 2010 Last Revised: 10 Jul 2010
Axel H. Börsch-Supan and Alexander Ludwig
Max Planck Society for the Advancement of the Sciences - Munich Center for the Economics of Aging (MEA) and Goethe University Frankfurt - Research Center SAFE
Downloads 27 (479,515)

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29.

On the Consequences of Demographic Change for Rates of Return to Capital, and the Distribution of Wealth and Welfare

CEPR Discussion Paper No. 5834
Number of pages: 47 Posted: 14 Nov 2006
Dirk Krueger and Alexander Ludwig
University of Pennsylvania - Department of Economics and Goethe University Frankfurt - Research Center SAFE
Downloads 20 (518,734)
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Population aging, international capital flows, distribution of welfare

30.

Ageing, Pension Reform and Capital Flows: A Multi-Country Simulation Model

Economica, Vol. 73, No. 292, pp. 625-658, November 2006
Number of pages: 34 Posted: 12 Oct 2006
Max Planck Society for the Advancement of the Sciences - Munich Center for the Economics of Aging (MEA), Goethe University Frankfurt - Research Center SAFE and Ludwig Maximilian University of Munich (LMU)
Downloads 17 (536,240)
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On the Optimal Provision of Social Insurance: Progressive Taxation Versus Education Subsidies in General Equilibrium

NBER Working Paper No. w21538
Number of pages: 81 Posted: 08 Sep 2015
Dirk Krueger and Alexander Ludwig
University of Pennsylvania - Department of Economics and Goethe University Frankfurt - Research Center SAFE
Downloads 8 (616,776)

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On the Optimal Provision of Social Insurance: Progressive Taxation Versus Education Subsidies in General Equilibrium

CEPR Discussion Paper No. DP10806
Number of pages: 82 Posted: 08 Sep 2015
Dirk Krueger and Alexander Ludwig
University of Pennsylvania - Department of Economics and Goethe University Frankfurt - Research Center SAFE
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education subsidy, progressive taxation, transitional dynamics

32.

Aging, Asset Markets, and Asset Returns: A View from Europe to Asia

Asian Economic Policy Review, Vol. 4, Issue 1, pp. 69-92, June 2009
Number of pages: 24 Posted: 16 Jun 2009
Axel H. Börsch-Supan and Alexander Ludwig
Max Planck Society for the Advancement of the Sciences - Munich Center for the Economics of Aging (MEA) and Goethe University Frankfurt - Research Center SAFE
Downloads 2 (635,562)
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33.

Investment Behavior Under Ambiguity: The Case of Pessimistic Decision Makers

University of Mannheim, SFB Discussion Paper No. 04-31
Posted: 28 Jul 2005
Alexander Ludwig and Alexander Zimper
Goethe University Frankfurt - Research Center SAFE and University of Pretoria

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Ambiguity, Choquet Expected Utility Theory, Bayesian Updating, Pessimism, Optimism, Hyperbolic Time-Discounting

34.

Rational Expectations and Pessimistic Decision-Makers: A Comment on Abel (2002)

SFB Discussion Paper No. 04-66
Posted: 28 Jul 2005
Alexander Ludwig and Alexander Zimper
Goethe University Frankfurt - Research Center SAFE and University of Pretoria

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rational expectations, Choquet expected utility, pessimism,optimism, equity premium puzzle, riskfree rate puzzle