Modeling a Pension System Reform: A Replication Study Comparing the Effects of a Fully Funded Reform in Germany and France
In this paper, we replicate a study by de la Croix et al. (2013) to analyze the effects of population aging in Germany when implementing two different counterfactual pension systems. De la Croix et al. (2013) use a dynamic overlapping generations model to simulate population aging and its effects on the French economy. Calibrating and analyzing the same model as in de la Croix et al. (2013) with n
