Alexander Ludwig

Max Planck Society for the Advancement of the Sciences - Munich Center for the Economics of Aging (MEA)

Amalienstrasse 33

Munich, 80799

Germany

Goethe University Frankfurt

Grüneburgplatz 1

Frankfurt am Main, 60323

Germany

  • Max Planck Society for the Advancement of the Sciences - Munich Center for the Economics of Aging (MEA)

  • Goethe University Frankfurt

SCHOLARLY PAPERS

46

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271

Scholarly Papers (46)

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1.

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
Max Planck Society for the Advancement of the Sciences - Munich Center for the Economics of Aging (MEA) and Deutsche Bank, New York
Downloads 848 (59,763)
Citation 12

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Consumption, wealth effect, panel cointegration, asset prices

2.

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

Downloads 538 (107,467)
Citation 11

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 Max Planck Society for the Advancement of the Sciences - Munich Center for the Economics of Aging (MEA)
Downloads 280 (223,193)
Citation 2

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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 Max Planck Society for the Advancement of the Sciences - Munich Center for the Economics of Aging (MEA)
Downloads 112 (507,813)
Citation 3

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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 Max Planck Society for the Advancement of the Sciences - Munich Center for the Economics of Aging (MEA)
Downloads 91 (587,706)
Citation 5

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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 Max Planck Society for the Advancement of the Sciences - Munich Center for the Economics of Aging (MEA)
Downloads 55 (774,059)
Citation 1

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social security, idiosyncratic risk, aggregate risk, welfare

3.

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

Downloads 505 (116,099)
Citation 10

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, Max Planck Society for the Advancement of the Sciences - Munich Center for the Economics of Aging (MEA) and Max Planck Society for the Advancement of the Sciences - Munich Center for the Economics of Aging (MEA)
Downloads 184 (336,061)
Citation 6

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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, Max Planck Society for the Advancement of the Sciences - Munich Center for the Economics of Aging (MEA) and Max Planck Society for the Advancement of the Sciences - Munich Center for the Economics of Aging (MEA)
Downloads 152 (397,732)

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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, Max Planck Society for the Advancement of the Sciences - Munich Center for the Economics of Aging (MEA) and Max Planck Society for the Advancement of the Sciences - Munich Center for the Economics of Aging (MEA)
Downloads 101 (548,211)
Citation 3

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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 Last Revised: 10 Jul 2023
Edgar Vogel, Alexander Ludwig and Axel H. Börsch-Supan
Deutsche Bundesbank, Max Planck Society for the Advancement of the Sciences - Munich Center for the Economics of Aging (MEA) and Max Planck Society for the Advancement of the Sciences - Munich Center for the Economics of Aging (MEA)
Downloads 68 (695,702)
Citation 1

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4.

The Long-Term Distributional and Welfare Effects of Covid-19 School Closures

Downloads 382 (160,963)
Citation 16

The Long-Term Distributional and Welfare Effects of Covid-19 School Closures

SAFE Working Paper No. 290
Number of pages: 55 Posted: 21 Sep 2020
Nicola Fuchs-Schündeln, Alexander Ludwig, Irina Popova and Dirk Krueger
Goethe University Frankfurt, Max Planck Society for the Advancement of the Sciences - Munich Center for the Economics of Aging (MEA), Goethe University Frankfurt and University of Pennsylvania
Downloads 262 (238,830)

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Covid-19, school closures, inequality, intergenerational persistence

The Long-Term Distributional and Welfare Effects of Covid-19 School Closures

ZEW - Centre for European Economic Research Discussion Paper No. 20-045
Number of pages: 55 Posted: 23 Sep 2020
Nicola Fuchs-Schündeln, Dirk Krueger, Alexander Ludwig and Irina Popova
Goethe University Frankfurt, University of Pennsylvania, Max Planck Society for the Advancement of the Sciences - Munich Center for the Economics of Aging (MEA) and Goethe University Frankfurt
Downloads 86 (608,874)

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Covid-19, school closures, inequality, intergenerational persistence

The Long-Term Distributional and Welfare Effects of Covid-19 School Closures

NBER Working Paper No. w27773
Number of pages: 54 Posted: 14 Sep 2020 Last Revised: 30 Jan 2023
Nicola Fuchs-Schündeln, Dirk Krueger, Alexander Ludwig and Irina Popova
Goethe University Frankfurt, University of Pennsylvania, Max Planck Society for the Advancement of the Sciences - Munich Center for the Economics of Aging (MEA) and Goethe University Frankfurt
Downloads 33 (954,271)

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The Long-Term Distributional and Welfare Effects of COVID-19 School Closures

CEPR Discussion Paper No. DP15227
Number of pages: 56 Posted: 12 Sep 2020
Nicola Fuchs-Schündeln, Dirk Krueger, Alexander Ludwig and Irina Popova
Goethe University Frankfurt, University of Pennsylvania, Max Planck Society for the Advancement of the Sciences - Munich Center for the Economics of Aging (MEA) and Goethe University Frankfurt
Downloads 1 (1,335,593)
Citation 16
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COVID-19, inequality, Intergenerational Persistence, School Closures

5.

Demographic Change, Human Capital and Endogenous Growth

Downloads 358 (172,978)
Citation 12

Demographic Change, Human Capital and Endogenous Growth

Number of pages: 50 Posted: 13 Aug 2007
Alexander Ludwig, Thomas Schelkle and Edgar Vogel
Max Planck Society for the Advancement of the Sciences - Munich Center for the Economics of Aging (MEA), London School of Economics & Political Science (LSE) and Deutsche Bundesbank
Downloads 220 (283,948)
Citation 5

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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
Max Planck Society for the Advancement of the Sciences - Munich Center for the Economics of Aging (MEA), London School of Economics & Political Science (LSE) and Deutsche Bundesbank
Downloads 138 (430,411)
Citation 7

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population aging, human capital, endogenous growth, heterogenous agents, distribution of welfare

6.

Evaluating the Effectiveness of Policies Against a Pandemic

Downloads 334 (186,534)

Evaluating the Effectiveness of Policies Against a Pandemic

SAFE Working Paper No. 294
Number of pages: 36 Posted: 19 Oct 2020 Last Revised: 12 Nov 2020
Christian Aleman, Christopher Busch, Alexander Ludwig and Raül Santaeulàlia-Llopis
Autonomous University of Barcelona, Autonomous University of Barcelona - MOVE (Markets, Organizations and Votes in Economics), Max Planck Society for the Advancement of the Sciences - Munich Center for the Economics of Aging (MEA) and UAB and Barcelona GSE
Downloads 189 (327,803)

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Macroeconomics, Pandemic, Stages, Covid-19, Stay-Home, Policy Effects, Identification

Evaluating the Effectiveness of Policies Against a Pandemic

MEA Discussion Paper No. 17-2020
Number of pages: 36 Posted: 29 Oct 2020 Last Revised: 24 Nov 2020
Christian Aleman, Christopher Busch, Alexander Ludwig and Raül Santaeulàlia-Llopis
Autonomous University of Barcelona, Autonomous University of Barcelona - MOVE (Markets, Organizations and Votes in Economics), Max Planck Society for the Advancement of the Sciences - Munich Center for the Economics of Aging (MEA) and Barcelona Graduate School of Economics (Barcelona GSE)
Downloads 81 (631,347)

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Macroeconomics, Pandemic, Stages, Covid-19, Stay-Home, Policy Effects, Identification

Evaluating the Effectiveness of Policies Against a Pandemic

ZEW - Centre for European Economic Research Discussion Paper No. 20-068
Number of pages: 36 Posted: 25 Nov 2020
Christian Aleman, Christopher Busch, Alexander Ludwig and Raül Santaeulàlia-Llopis
Autonomous University of Barcelona, Autonomous University of Barcelona - MOVE (Markets, Organizations and Votes in Economics), Max Planck Society for the Advancement of the Sciences - Munich Center for the Economics of Aging (MEA) and Barcelona Graduate School of Economics (Barcelona GSE)
Downloads 61 (736,032)

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Macroeconomics, Pandemic, Stages, Covid-19, Stay-Home, Policy Effects, Identification

Evaluating the Effectiveness of Policies Against a Pandemic

CEPR Discussion Paper No. DP15390
Number of pages: 37 Posted: 03 Nov 2020
Christian Aleman, Christopher Busch, Alexander Ludwig and Raül Santaeulàlia-Llopis
Autonomous University of Barcelona, Autonomous University of Barcelona - MOVE (Markets, Organizations and Votes in Economics), Max Planck Society for the Advancement of the Sciences - Munich Center for the Economics of Aging (MEA) and Barcelona Graduate School of Economics (Barcelona GSE)
Downloads 3 (1,315,975)
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COVID-19, identification, Macroeconomics, Pandemic, Policy Effects, Stages, Stay-Home

7.

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

Downloads 313 (199,883)
Citation 2

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), Max Planck Society for the Advancement of the Sciences - Munich Center for the Economics of Aging (MEA) and ZEW – Leibniz Centre for European Economic Research
Downloads 227 (275,501)
Citation 2

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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), Max Planck Society for the Advancement of the Sciences - Munich Center for the Economics of Aging (MEA) and ZEW – Leibniz Centre for European Economic Research
Downloads 86 (608,874)

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

8.

Climate Change Mitigation: How Effective Is Green Quantitative Easing?

ZEW - Centre for European Economic Research Discussion Paper No. 22-027
Number of pages: 53 Posted: 22 Jul 2022
Raphael Abiry, M. Ferdinandusse, Alexander Ludwig and Carolin Nerlich
Goethe University Frankfurt, European Central Bank (ECB), Max Planck Society for the Advancement of the Sciences - Munich Center for the Economics of Aging (MEA) and European Central Bank (ECB) - Directorate General Economics
Downloads 312 (200,541)

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Climate Change, Integrated Assessment Model, 2-Sector Model, Green Quantitative Easing, Carbon Taxation

9.

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

Downloads 276 (228,053)

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 Max Planck Society for the Advancement of the Sciences - Munich Center for the Economics of Aging (MEA)
Downloads 176 (349,920)

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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 Max Planck Society for the Advancement of the Sciences - Munich Center for the Economics of Aging (MEA)
Downloads 52 (794,779)

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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 Max Planck Society for the Advancement of the Sciences - Munich Center for the Economics of Aging (MEA)
Downloads 48 (824,003)

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

10.

A Life-Cycle Model with Ambiguous Survival Beliefs

Downloads 262 (240,342)
Citation 9

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, Max Planck Society for the Advancement of the Sciences - Munich Center for the Economics of Aging (MEA) and University of Pretoria
Downloads 158 (384,649)
Citation 3

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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, Max Planck Society for the Advancement of the Sciences - Munich Center for the Economics of Aging (MEA) and University of Pretoria
Downloads 104 (536,787)
Citation 6

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

11.

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
Max Planck Society for the Advancement of the Sciences - Munich Center for the Economics of Aging (MEA), London School of Economics & Political Science (LSE) and Deutsche Bundesbank
Downloads 253 (249,085)
Citation 12

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

12.

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

Downloads 248 (254,134)
Citation 16

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

SAFE Working Paper No. 201
Number of pages: 97 Posted: 20 Feb 2018 Last Revised: 26 Aug 2019
Dirk Krueger and Alexander Ludwig
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 78 (645,244)

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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 Max Planck Society for the Advancement of the Sciences - Munich Center for the Economics of Aging (MEA)
Downloads 61 (736,032)
Citation 1

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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 Max Planck Society for the Advancement of the Sciences - Munich Center for the Economics of Aging (MEA)
Downloads 48 (824,003)

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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 (Optimale Kapitalsteuern im OLG-Modell mit nicht versicherbarem idiosynkratischen Einkommensrisiko)

MEA Discussion Paper No. 02-2018
Number of pages: 96 Posted: 07 Mar 2018 Last Revised: 10 Oct 2019
Dirk Krueger and Alexander Ludwig
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 44 (855,256)
Citation 15

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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 Last Revised: 30 Jun 2023
Dirk Krueger and Alexander Ludwig
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 15 (1,167,815)

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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 Max Planck Society for the Advancement of the Sciences - Munich Center for the Economics of Aging (MEA)
Downloads 2 (1,325,114)
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Idiosyncratic Risk, Overlapping Generations, precautionary saving, Taxation of Capital

13.

Endogenous Retirement Behavior of Heterogeneous Households Under Pension Reforms

Downloads 232 (271,159)
Citation 1

Endogenous Retirement Behavior of Heterogeneous Households Under Pension Reforms

SAFE Working Paper No. 221
Number of pages: 52 Posted: 31 Aug 2018
Axel H. Börsch-Supan, Klaus Härtl, Duarte Nuno Leite 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), Max Planck Society for the Advancement of the Sciences - Munich Center for the Economics of Aging (MEA) and Max Planck Society for the Advancement of the Sciences - Munich Center for the Economics of Aging (MEA)
Downloads 138 (430,411)
Citation 1

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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

MEA Discussion Paper No. 04-2018
Number of pages: 52 Posted: 08 May 2018
Axel H. Börsch-Supan, Klaus Härtl, Duarte Nuno Leite 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), Max Planck Society for the Advancement of the Sciences - Munich Center for the Economics of Aging (MEA) and Max Planck Society for the Advancement of the Sciences - Munich Center for the Economics of Aging (MEA)
Downloads 94 (575,524)

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

14.

Endogenous Grids in Higher Dimensions: Delaunay Interpolation and Hybrid Methods

Downloads 202 (309,201)
Citation 11

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
Max Planck Society for the Advancement of the Sciences - Munich Center for the Economics of Aging (MEA) and University of Cologne
Downloads 161 (378,330)
Citation 7

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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
Max Planck Society for the Advancement of the Sciences - Munich Center for the Economics of Aging (MEA) and University of Cologne
Downloads 41 (880,213)
Citation 4

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

15.

Who Saves More, the Naive or the Sophisticated Agent?

Downloads 193 (322,430)
Citation 1

Who Saves More, the Naive or the Sophisticated Agent?

SAFE Working Paper No. 169
Number of pages: 43 Posted: 31 Mar 2017 Last Revised: 07 Dec 2022
Max Groneck, Alexander Ludwig and Alexander Zimper
Stockholm School of Economics, Department of Economics, Max Planck Society for the Advancement of the Sciences - Munich Center for the Economics of Aging (MEA) and University of Pretoria
Downloads 191 (324,600)
Citation 1

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Life-Cycle Model; Discount Functions; Dynamic Inconsistency; Epstein-Zin-Weil Preferences

Who Saves More, the Naive or the Sophisticated Agent?

CEPR Discussion Paper No. DP16412
Number of pages: 58 Posted: 22 Sep 2021
Max Groneck, Alexander Ludwig and Alexander Zimper
Stockholm School of Economics, Department of Economics, Max Planck Society for the Advancement of the Sciences - Munich Center for the Economics of Aging (MEA) and University of Pretoria
Downloads 2 (1,325,114)
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16.

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

Downloads 181 (342,019)
Citation 11

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

SAFE Working Paper No. 200
Number of pages: 55 Posted: 20 Feb 2018 Last Revised: 27 Mar 2020
Nils Grevenbrock, Max Groneck, Alexander Ludwig and Alexander Zimper
Goethe University Frankfurt - Research Center SAFE, Stockholm School of Economics, Department of Economics, Max Planck Society for the Advancement of the Sciences - Munich Center for the Economics of Aging (MEA) and University of Pretoria
Downloads 100 (552,157)

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Subjective Survival Beliefs, Probability Weighting Function, Con

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
Nils Grevenbrock, Max Groneck, Alexander Ludwig and Alexander Zimper
Goethe University Frankfurt - Research Center SAFE, Stockholm School of Economics, Department of Economics, Max Planck Society for the Advancement of the Sciences - Munich Center for the Economics of Aging (MEA) and University of Pretoria
Downloads 43 (863,306)

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Subjective Survival Beliefs, Probability Weighting Function, Confirmatory Bias, Cognition, 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
Nils Grevenbrock, Max Groneck, Alexander Ludwig and Alexander Zimper
Goethe University Frankfurt - Research Center SAFE, Stockholm School of Economics, Department of Economics, Max Planck Society for the Advancement of the Sciences - Munich Center for the Economics of Aging (MEA) and University of Pretoria
Downloads 35 (934,912)
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

CEPR Discussion Paper No. DP14539
Number of pages: 56 Posted: 08 May 2020 Last Revised: 18 May 2020
Nils Grevenbrock, Max Groneck, Alexander Ludwig and Alexander Zimper
Goethe University Frankfurt - Research Center SAFE, Stockholm School of Economics, Department of Economics, Max Planck Society for the Advancement of the Sciences - Munich Center for the Economics of Aging (MEA) and University of Pretoria
Downloads 3 (1,315,975)
Citation 10
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Cognition, Con rmatory Bias, Optimism, Pessimism, Probability Weighting Function, Subjective Survival Beliefs

17.

Aging and International Capital Flows

NBER Working Paper No. w8553
Number of pages: 31 Posted: 18 Oct 2001 Last Revised: 16 Nov 2022
Axel H. Börsch-Supan, Alexander Ludwig and Joachim K. Winter
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 Ludwig Maximilian University of Munich (LMU)
Downloads 175 (352,249)
Citation 2

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18.

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

Downloads 164 (372,665)
Citation 12

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
Max Planck Society for the Advancement of the Sciences - Munich Center for the Economics of Aging (MEA) and Institute for Advanced Studies (IHS)
Downloads 112 (507,813)
Citation 1

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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
Max Planck Society for the Advancement of the Sciences - Munich Center for the Economics of Aging (MEA) and Institute for Advanced Studies (IHS)
Downloads 52 (794,779)
Citation 11

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

19.

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
Max Planck Society for the Advancement of the Sciences - Munich Center for the Economics of Aging (MEA) and Deutsche Bundesbank
Downloads 159 (382,540)
Citation 8

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Mortality, Fertility, Aging, Education, OLG

20.

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 Max Planck Society for the Advancement of the Sciences - Munich Center for the Economics of Aging (MEA)
Downloads 142 (419,842)

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Progressive Taxation, Education Subsidy, Transitional Dynamics

21.

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 Max Planck Society for the Advancement of the Sciences - Munich Center for the Economics of Aging (MEA)
Downloads 137 (431,854)
Citation 6

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

22.

Climate Change Mitigation: How Effective is Green Quantitative Easing?

SAFE Working Paper No. 376
Number of pages: 50 Posted: 23 Dec 2022
Raphael Abiry, Carolin Nerlich, M. Ferdinandusse and Alexander Ludwig
Goethe University Frankfurt, European Central Bank (ECB), European Central Bank (ECB) and Max Planck Society for the Advancement of the Sciences - Munich Center for the Economics of Aging (MEA)
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Climate Change; Integrated Assessment Model; 2-Sector Model; Green Quantitative Easing; Carbon Taxation

23.

Higher-Order Income Risk over the Business Cycle

Downloads 132 (444,743)
Citation 13

Higher-Order Income Risk over the Business Cycle

SAFE Working Paper No. 274
Number of pages: 86 Posted: 27 Mar 2020 Last Revised: 08 Sep 2020
Christopher Busch and Alexander Ludwig
Autonomous University of Barcelona - MOVE (Markets, Organizations and Votes in Economics) and Max Planck Society for the Advancement of the Sciences - Munich Center for the Economics of Aging (MEA)
Downloads 97 (563,720)
Citation 5

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Labor Income Risk, Business Cycle, GMM Estimation, Skewness, Persistent and Transitory Income Shocks, Risk Attitudes, Life-Cycle Model

Higher-Order Income Risk over the Business Cycle

ZEW - Centre for European Economic Research Discussion Paper No. 20-022
Number of pages: 83 Posted: 18 May 2020
Christopher Busch and Alexander Ludwig
Autonomous University of Barcelona - MOVE (Markets, Organizations and Votes in Economics) and Max Planck Society for the Advancement of the Sciences - Munich Center for the Economics of Aging (MEA)
Downloads 33 (954,271)
Citation 4

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Labor Income Risk, Business Cycle, GMM Estimation, Skewness, Persistent and Transitory Income Shocks, Risk Attitudes, Life-Cycle Model

Higher-Order Income Risk Over the Business Cycle

CEPR Discussion Paper No. DP14538
Number of pages: 87 Posted: 08 May 2020
Christopher Busch and Alexander Ludwig
Autonomous University of Barcelona - MOVE (Markets, Organizations and Votes in Economics) and Max Planck Society for the Advancement of the Sciences - Munich Center for the Economics of Aging (MEA)
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Citation 4
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Business cycle, GMM estimation, labor income risk, Life-Cycle Model, Persistent and Transitory Income Shocks, Risk attitudes, Skewness

24.

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 Max Planck Society for the Advancement of the Sciences - Munich Center for the Economics of Aging (MEA)
Downloads 120 (479,061)
Citation 3

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Progressive Taxation, Capital Taxation, Optimal Taxation

25.

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, Max Planck Society for the Advancement of the Sciences - Munich Center for the Economics of Aging (MEA) and Max Planck Society for the Advancement of the Sciences - Munich Center for the Economics of Aging (MEA)
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population aging, human capital, rate of return, distribution of welfare

26.

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

Downloads 99 (550,770)
Citation 5

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: 19 Nov 2022
Axel H. Börsch-Supan, Alexander Ludwig and Joachim K. Winter
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 Ludwig Maximilian University of Munich (LMU)
Downloads 99 (555,981)
Citation 5

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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
Axel H. Börsch-Supan, Joachim K. Winter and Alexander Ludwig
Max Planck Society for the Advancement of the Sciences - Munich Center for the Economics of Aging (MEA), Ludwig Maximilian University of Munich (LMU) and Max Planck Society for the Advancement of the Sciences - Munich Center for the Economics of Aging (MEA)

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aging, pension reform, capital mobility

27.

Stage-Based Identification of Policy Effects

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Stage-Based Identification of Policy Effects

CESifo Working Paper No. 10722
Number of pages: 48 Posted: 01 Nov 2023
Christian Aleman, Christopher Busch, Alexander Ludwig and Raül Santaeulàlia-Llopis
Autonomous University of Barcelona, LMU - Ludwig Maximilians Universität Munich, Max Planck Society for the Advancement of the Sciences - Munich Center for the Economics of Aging (MEA) and UAB and Barcelona GSE
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stages, identification, policy effects, nationwide policy, macroeconomics

28.

Climate Change Mitigation: How Effective is Green Quantitative Easing?

ECB Working Paper No. 2022/2701
Number of pages: 53 Posted: 09 Aug 2022
Raphael Abiry, M. Ferdinandusse, Alexander Ludwig and Carolin Nerlich
Goethe University Frankfurt, European Central Bank (ECB), Max Planck Society for the Advancement of the Sciences - Munich Center for the Economics of Aging (MEA) and European Central Bank (ECB) - Directorate General Economics
Downloads 94 (569,486)
Citation 2

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2-sector model, carbon taxation, climate change, green quantitative easing, integrated assessment model

29.

Should Germany Have Built a New Wall? Macroeconomic Lessons from the 2015-18 Refugee Wave

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Citation 5

Should Germany Have Built a New Wall? Macroeconomic Lessons from the 2015-18 Refugee Wave

PIER Working Paper No. 20-013
Number of pages: 81 Posted: 02 Apr 2020
Christopher Busch, Dirk Krueger, Alexander Ludwig, Irina Popova and Zainab Iftikhar
Autonomous University of Barcelona - MOVE (Markets, Organizations and Votes in Economics), University of Pennsylvania, Max Planck Society for the Advancement of the Sciences - Munich Center for the Economics of Aging (MEA), National Research University Higher School of Economics (Moscow) and IRES, Universit Catholique de Louvain - Department of Economics
Downloads 64 (718,241)

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Immigration, Refugees, Overlapping Generations, Demographic Change

Should Germany Have Built a New Wall? Macroeconomic Lessons from the 2015-18 Refugee Wave

NBER Working Paper No. w26973
Number of pages: 81 Posted: 13 Apr 2020 Last Revised: 15 Mar 2023
Christopher Busch, Dirk Krueger, Alexander Ludwig, Irina Popova and Zainab Iftikhar
Autonomous University of Barcelona - MOVE (Markets, Organizations and Votes in Economics), University of Pennsylvania, Max Planck Society for the Advancement of the Sciences - Munich Center for the Economics of Aging (MEA), Goethe University Frankfurt and Goethe University Frankfurt
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Should Germany Have Built a New Wall? Macroeconomic Lessons from the 2015-18 Refugee Wave

CEPR Discussion Paper No. DP14562
Number of pages: 84 Posted: 08 May 2020
Christopher Busch, Dirk Krueger, Alexander Ludwig, Irina Popova and Zainab Iftikhar
Autonomous University of Barcelona - MOVE (Markets, Organizations and Votes in Economics), University of Pennsylvania, Max Planck Society for the Advancement of the Sciences - Munich Center for the Economics of Aging (MEA), Goethe University Frankfurt and Goethe University Frankfurt
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Citation 5
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Demographic Change, Immigration, Overlapping Generations, Refugees

30.

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 2022
Alexander Ludwig, Dirk Krueger and Axel H. Börsch-Supan
Max Planck Society for the Advancement of the Sciences - Munich Center for the Economics of Aging (MEA), 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 83 (614,134)
Citation 3

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31.

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
Max Planck Society for the Advancement of the Sciences - Munich Center for the Economics of Aging (MEA) and University of Pretoria
Downloads 82 (618,393)
Citation 1

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

32.

Old Europe Ages: Reforms and Reform Backlashes

NBER Working Paper No. w15744
Number of pages: 47 Posted: 22 Feb 2010 Last Revised: 08 Jan 2023
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 Max Planck Society for the Advancement of the Sciences - Munich Center for the Economics of Aging (MEA)
Downloads 81 (622,688)
Citation 1

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33.

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
Max Planck Society for the Advancement of the Sciences - Munich Center for the Economics of Aging (MEA) and University of Pretoria
Downloads 81 (622,688)
Citation 8

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subjective survival expectations; ambiguity, Bayesian learning

34.

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 Max Planck Society for the Advancement of the Sciences - Munich Center for the Economics of Aging (MEA)
Downloads 80 (627,119)

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

35.

Preventing Reforming Unequally

Number of pages: 63 Posted: 08 Nov 2021 Last Revised: 05 Jan 2022
Axel H. Boersch-Supan, Klaus Härtl, Duarte Nuno Leite 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), Max Planck Society for the Advancement of the Sciences - Munich Center for the Economics of Aging (MEA) and Max Planck Society for the Advancement of the Sciences - Munich Center for the Economics of Aging (MEA)
Downloads 66 (694,238)

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Population aging, pension reform, Income inequality, life-cycle behavior, Labor supply, Welfare

36.

A Parsimonious Choquet Model of Subjective Life Expectancy

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Citation 3

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
Max Planck Society for the Advancement of the Sciences - Munich Center for the Economics of Aging (MEA) and University of Pretoria
Downloads 66 (706,785)
Citation 3

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A Parsimonious Choquet Model of Subjective Life Expectancy

Posted: 07 Mar 2010
Alexander Ludwig and Alexander Zimper
Max Planck Society for the Advancement of the Sciences - Munich Center for the Economics of Aging (MEA) and University of Pretoria

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37.

The Long-Term Distributional and Welfare Effects of Covid-19 School Closures

PIER Working Paper No. 20-032
Number of pages: 54 Posted: 31 Aug 2020
Nicola Fuchs-Schündeln, Dirk Krueger, Alexander Ludwig and Irina Popova
Goethe University Frankfurt, University of Pennsylvania, Max Planck Society for the Advancement of the Sciences - Munich Center for the Economics of Aging (MEA) and Goethe University Frankfurt
Downloads 59 (733,223)
Citation 1

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Covid-19, school closures, inequality, intergenerational persistence

38.

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 2022
Dirk Krueger and Alexander Ludwig
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 59 (733,223)
Citation 24

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39.

Climate Change Mitigation: How Effective is Green Quantitative Easing?

CESifo Working Paper No. 9828
Number of pages: 53 Posted: 11 Jul 2022
Raphael Abiry, M. Ferdinandusse, Alexander Ludwig and Carolin Nerlich
Goethe University Frankfurt, European Central Bank (ECB), Max Planck Society for the Advancement of the Sciences - Munich Center for the Economics of Aging (MEA) and European Central Bank (ECB)
Downloads 56 (751,530)

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climate change, integrated assessment model, 2-sector model, green quantitative easing, carbon taxation

40.

The Fiscal and Welfare Effects of Policy Responses to the Covid-19 School Closures

Downloads 30 (751,530)
Citation 6

The Fiscal and Welfare Effects of Policy Responses to the Covid-19 School Closures

NBER Working Paper No. w29398
Number of pages: 67 Posted: 25 Oct 2021 Last Revised: 12 May 2023
Nicola Fuchs-Schündeln, Dirk Krueger, Andre Kurmann, Etienne Lalé, Alexander Ludwig and Irina Popova
Goethe University Frankfurt, University of Pennsylvania, Drexel University, York University - Faculty of Liberal Arts & Professional Studies, Max Planck Society for the Advancement of the Sciences - Munich Center for the Economics of Aging (MEA) and Goethe University Frankfurt
Downloads 29 (995,408)
Citation 2

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The Fiscal and Welfare Effects of Policy Responses to the COVID-19 School Closures

CEPR Discussion Paper No. DP16663
Number of pages: 69 Posted: 15 Nov 2021
Nicola Fuchs-Schündeln, Dirk Krueger, Andre Kurmann, Etienne Lalé, Alexander Ludwig and Irina Popova
Goethe University Frankfurt, University of Pennsylvania, Drexel University, York University - Faculty of Liberal Arts & Professional Studies, Max Planck Society for the Advancement of the Sciences - Munich Center for the Economics of Aging (MEA) and Goethe University Frankfurt
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COVID-19, Inequality, Intergenerational Persistence, School Closures

41.

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

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Citation 38

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 Last Revised: 08 May 2023
Dirk Krueger and Alexander Ludwig
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 30 (984,859)
Citation 26

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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 Max Planck Society for the Advancement of the Sciences - Munich Center for the Economics of Aging (MEA)
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Citation 12
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education subsidy, progressive taxation, transitional dynamics

42.

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 Max Planck Society for the Advancement of the Sciences - Munich Center for the Economics of Aging (MEA)
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Citation 5
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Population aging, international capital flows, distribution of welfare

43.

Shaping Inequality and Intergenerational Persistence of Poverty: Free College or Better Schools

NBER Working Paper No. w32467
Number of pages: 87 Posted: 20 May 2024
Dirk Krueger, Alexander Ludwig and Irina Popova
University of Pennsylvania, Max Planck Society for the Advancement of the Sciences - Munich Center for the Economics of Aging (MEA) and University of Bonn
Downloads 5 (1,246,348)
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44.

Climate Change Mitigation: How Effective is Green Quantitative Easing?

CEPR Discussion Paper No. DP17324
Number of pages: 51 Posted: 27 May 2022 Last Revised: 23 Jun 2022
Raphael Abiry, M. Ferdinandusse, Alexander Ludwig and Carolin Nerlich
Goethe University Frankfurt, European Central Bank (ECB), Max Planck Society for the Advancement of the Sciences - Munich Center for the Economics of Aging (MEA) and European Central Bank (ECB)
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Citation 1
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2-Sector Model, Carbon taxation, climate change, Green Quantitative Easing, Integrated assessment model

45.

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
Max Planck Society for the Advancement of the Sciences - Munich Center for the Economics of Aging (MEA) and University of Pretoria

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

46.

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
Max Planck Society for the Advancement of the Sciences - Munich Center for the Economics of Aging (MEA) and University of Pretoria

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