Details about Alexander Ludwig

Access statistics for papers by Alexander Ludwig.

Last updated 2023-03-10. Update your information in the RePEc Author Service.

Short-id: plu177

Working Papers

2024

1. Shaping Inequality and Intergenerational Persistence of Poverty: Free College or Better Schools
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (3)

2022

2. Who saves more, the naive or the sophisticated agent?
   SAFE Working Paper Series, Leibniz Institute for Financial Research SAFE View citations (2)
   Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2021)

2021

3. Higher-order income risk over the business cycle
   ICIR Working Paper Series, Goethe University Frankfurt, International Center for Insurance Regulation (ICIR) View citations (6)
   Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2020) View citations (15)
   SAFE Working Paper Series, Leibniz Institute for Financial Research SAFE (2020) View citations (15)
   Working Papers, Barcelona School of Economics (2020) View citations (15)
   Working Papers, Human Capital and Economic Opportunity Working Group (2020) View citations (15)
   ZEW Discussion Papers, ZEW - Leibniz Centre for European Economic Research (2020) View citations (15)
4. Mindestrente: Absicherung gegen Altersarmut und notwendiger Baustein für weitere Reformen
   DIW aktuell, DIW Berlin, German Institute for Economic Research
5. Optimal taxes on capital in the OLG model with uninsurable idiosyncratic income risk
   ICIR Working Paper Series, Goethe University Frankfurt, International Center for Insurance Regulation (ICIR) View citations (14)
   Also in PIER Working Paper Archive, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania (2018) View citations (20)
   NBER Working Papers, National Bureau of Economic Research, Inc (2018) View citations (19)
   ZEW Discussion Papers, ZEW - Leibniz Centre for European Economic Research (2018) View citations (16)
   MEA discussion paper series, Munich Center for the Economics of Aging (MEA) at the Max Planck Institute for Social Law and Social Policy (2018) View citations (16)
   CEPR Discussion Papers, C.E.P.R. Discussion Papers (2018) View citations (19)
   SAFE Working Paper Series, Leibniz Institute for Financial Research SAFE (2019) View citations (8)
   See also Journal Article Optimal taxes on capital in the OLG model with uninsurable idiosyncratic income risk, Journal of Public Economics, Elsevier (2021) View citations (11) (2021)
6. The Fiscal and Welfare Effects of Policy Responses to the Covid-19 School Closures
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (16)
   Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2021)
   ICIR Working Paper Series, Goethe University Frankfurt, International Center for Insurance Regulation (ICIR) (2021) View citations (15)
   CIRANO Working Papers, CIRANO (2021) View citations (12)
7. The French case
   Post-Print, HAL
8. The long-term distributional and welfare effects of Covid-19 school closures
   ICIR Working Paper Series, Goethe University Frankfurt, International Center for Insurance Regulation (ICIR) View citations (7)
   Also in NBER Working Papers, National Bureau of Economic Research, Inc (2020) View citations (43)
   CEPR Discussion Papers, C.E.P.R. Discussion Papers (2020) View citations (40)
   Working Papers, Human Capital and Economic Opportunity Working Group (2020) View citations (40)
   SAFE Working Paper Series, Leibniz Institute for Financial Research SAFE (2020) View citations (41)
   PIER Working Paper Archive, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania (2020)
   ZEW Discussion Papers, ZEW - Leibniz Centre for European Economic Research (2020) View citations (40)

2020

9. Cognition, Optimism and the Formation of Age-Dependent Survival Beliefs
   CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (3)
   Also in ZEW Discussion Papers, ZEW - Leibniz Centre for European Economic Research (2018) View citations (1)
   MEA discussion paper series, Munich Center for the Economics of Aging (MEA) at the Max Planck Institute for Social Law and Social Policy (2018)
   Working Papers, Human Capital and Economic Opportunity Working Group (2020) View citations (3)
   SAFE Working Paper Series, Leibniz Institute for Financial Research SAFE (2020) View citations (4)
   See also Journal Article COGNITION, OPTIMISM, AND THE FORMATION OF AGE‐DEPENDENT SURVIVAL BELIEFS, International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association (2021) View citations (7) (2021)
10. Emerging evidence of a silver lining: A ridge walk to avoid an economic catastrophe in Italy and Spain
    SAFE White Paper Series, Leibniz Institute for Financial Research SAFE
11. Evaluating the Effectiveness of Policies Against a Pandemic
    Working Papers, Human Capital and Economic Opportunity Working Group View citations (3)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2020) View citations (4)
    ZEW Discussion Papers, ZEW - Leibniz Centre for European Economic Research (2020) View citations (4)
    Working Papers, Barcelona School of Economics (2020) View citations (4)
    SAFE Working Paper Series, Leibniz Institute for Financial Research SAFE (2020) View citations (4)
12. Should Germany Have Built a New Wall? Macroeconomic Lessons from the 2015-18 Refugee Wave
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (19)
    Also in Working Papers, Barcelona School of Economics (2020) View citations (19)
    NBER Working Papers, National Bureau of Economic Research, Inc (2020) View citations (19)
    Working Papers, Human Capital and Economic Opportunity Working Group (2020) View citations (19)
    PIER Working Paper Archive, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania (2020) View citations (18)
    See also Journal Article Should Germany have built a new wall? Macroeconomic lessons from the 2015-18 refugee wave, Journal of Monetary Economics, Elsevier (2020) View citations (19) (2020)

2019

13. Financial Liberalization and Income Inequality: On the Heterogenous Effects of Different Reforms
    2019 Meeting Papers, Society for Economic Dynamics
14. Higher-Order Income Risk over the Business Cycle: A Parametric Approach
    2019 Meeting Papers, Society for Economic Dynamics
15. House Price Expectations and Housing Choice
    VfS Annual Conference 2019 (Leipzig): 30 Years after the Fall of the Berlin Wall - Democracy and Market Economy, Verein für Socialpolitik / German Economic Association
    Also in 2019 Meeting Papers, Society for Economic Dynamics (2019) View citations (1)

2018

16. Endogenous Retirement Behavior of Heterogeneous Households Under Pension Reforms
    MEA discussion paper series, Munich Center for the Economics of Aging (MEA) at the Max Planck Institute for Social Law and Social Policy
    Also in SAFE Working Paper Series, Leibniz Institute for Financial Research SAFE (2018) View citations (1)
17. Idiosyncratic risk, aggregate risk, and the welfare effects of social security
    ZEW Discussion Papers, ZEW - Leibniz Centre for European Economic Research
    Also in MEA discussion paper series, Munich Center for the Economics of Aging (MEA) at the Max Planck Institute for Social Law and Social Policy (2015) View citations (6)
    SAFE Working Paper Series, Leibniz Institute for Financial Research SAFE (2017) View citations (4)
    See also Journal Article IDIOSYNCRATIC RISK, AGGREGATE RISK, AND THE WELFARE EFFECTS OF SOCIAL SECURITY, International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association (2019) View citations (11) (2019)

2017

18. An Endogenous Growth Model with a Health Sector
    2017 Meeting Papers, Society for Economic Dynamics View citations (1)

2016

19. Das Deutsche Rentensystem: Thesen zur derzeitigen Diskussion um "Umkehr"-Reformen
    SAFE White Paper Series, Leibniz Institute for Financial Research SAFE
20. Demographischer Wandel: Kapitalrenditen, Löhne und Verteilungswirkungen
    SAFE White Paper Series, Leibniz Institute for Financial Research SAFE
21. Endogenous grids in higher dimensions: Delaunay interpolation and hybrid methods
    SAFE Working Paper Series, Leibniz Institute for Financial Research SAFE View citations (3)
    Also in Working Paper Series in Economics, University of Cologne, Department of Economics (2014) View citations (5)
    MEA discussion paper series, Munich Center for the Economics of Aging (MEA) at the Max Planck Institute for Social Law and Social Policy (2014) View citations (3)
    See also Journal Article Endogenous Grids in Higher Dimensions: Delaunay Interpolation and Hybrid Methods, Computational Economics, Springer (2018) View citations (6) (2018)
22. Humanitäre Zuwanderung und die Nachhaltigkeit der deutschen Staatsfinanzen
    VfS Annual Conference 2016 (Augsburg): Demographic Change, Verein für Socialpolitik / German Economic Association
23. Precautionary Savings and Pecuniary Externalities: Analytical Results for Optimal Capital Income Taxation
    2016 Meeting Papers, Society for Economic Dynamics
24. Secular Stagnation? Growth, Asset Returns and Welfare in the Next Decades
    VfS Annual Conference 2016 (Augsburg): Demographic Change, Verein für Socialpolitik / German Economic Association View citations (12)
25. Secular stagnation? Growth, asset returns and welfare in the next decades: First results
    SAFE Working Paper Series, Leibniz Institute for Financial Research SAFE View citations (12)
    Also in MEA discussion paper series, Munich Center for the Economics of Aging (MEA) at the Max Planck Institute for Social Law and Social Policy (1970)

2015

26. A life-cycle model with ambiguous survival beliefs
    SAFE Working Paper Series, Leibniz Institute for Financial Research SAFE View citations (2)
    Also in Working Paper Series in Economics, University of Cologne, Department of Economics (2013) View citations (5)
    Working Papers, University of Pretoria, Department of Economics (2014) View citations (1)
    MEA discussion paper series, Munich Center for the Economics of Aging (MEA) at the Max Planck Institute for Social Law and Social Policy (2013) View citations (5)
    See also Journal Article A life-cycle model with ambiguous survival beliefs, Journal of Economic Theory, Elsevier (2016) View citations (24) (2016)
27. Aging and Pension Reform: Extending the Retirement Age and Human Capital Formation
    MEA discussion paper series, Munich Center for the Economics of Aging (MEA) at the Max Planck Institute for Social Law and Social Policy View citations (5)
    Also in Working Paper Series in Economics, University of Cologne, Department of Economics (2013) View citations (9)
    SAFE Working Paper Series, Leibniz Institute for Financial Research SAFE (2014) View citations (3)
    NBER Working Papers, National Bureau of Economic Research, Inc (2013) View citations (9)
    Working Paper Series, European Central Bank (2012) View citations (11)
    See also Journal Article Aging and pension reform: extending the retirement age and human capital formation*, Journal of Pension Economics and Finance, Cambridge University Press (2017) View citations (36) (2017)
28. Biased Survival Beliefs, Psychological and Cognitive Explanations, and the Demand for Life Insurances
    VfS Annual Conference 2015 (Muenster): Economic Development - Theory and Policy, Verein für Socialpolitik / German Economic Association
29. On the Optimal Provision of Social Insurance: Progressive Taxation versus Education Subsidies in General Equilibrium
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (2)
    Also in CEPR Discussion Papers, C.E.P.R. Discussion Papers (2015) View citations (2)
    See also Journal Article On the optimal provision of social insurance: Progressive taxation versus education subsidies in general equilibrium, Journal of Monetary Economics, Elsevier (2016) View citations (107) (2016)
30. On the optimal provision of social insurance
    SAFE Working Paper Series, Leibniz Institute for Financial Research SAFE View citations (3)
    Also in MEA discussion paper series, Munich Center for the Economics of Aging (MEA) at the Max Planck Institute for Social Law and Social Policy (2013)
    SAFE Working Paper Series, Leibniz Institute for Financial Research SAFE (2015) View citations (3)
31. Optimal Capital and Progressive Labor Income Taxation with Endogenous Schooling Decisions and Intergenerational Transfers
    2015 Meeting Papers, Society for Economic Dynamics View citations (3)
32. Social security in an analytically tractable overlapping generations model with aggregate and idiosyncratic risk
    SAFE Working Paper Series, Leibniz Institute for Financial Research SAFE View citations (24)
    Also in CER-ETH Economics working paper series, CER-ETH - Center of Economic Research (CER-ETH) at ETH Zurich (2014) View citations (4)
    MEA discussion paper series, Munich Center for the Economics of Aging (MEA) at the Max Planck Institute for Social Law and Social Policy (2014) View citations (4)
    See also Journal Article Social security in an analytically tractable overlapping generations model with aggregate and idiosyncratic risks, International Tax and Public Finance, Springer (2015) View citations (20) (2015)

2014

33. Aging in Europe: Reforms, international diversification and behavioral reactions
    MEA discussion paper series, Munich Center for the Economics of Aging (MEA) at the Max Planck Institute for Social Law and Social Policy View citations (25)
    See also Journal Article Aging in Europe: Reforms, International Diversification, and Behavioral Reactions, American Economic Review, American Economic Association (2014) View citations (36) (2014)
34. Social Security and the Interactions Between Aggregate and Idiosyncratic Risk
    CER-ETH Economics working paper series, CER-ETH - Center of Economic Research (CER-ETH) at ETH Zurich View citations (4)
    Also in Working Papers, ETH Zurich, Chair of Systems Design View citations (4)
    2014 Meeting Papers, Society for Economic Dynamics (2014) View citations (4)
    Working Paper Series in Economics, University of Cologne, Department of Economics (2014) View citations (4)

2013

35. Ambiguous Survival Beliefs and Hyperbolic Discounting in a Life-Cycle Model
    VfS Annual Conference 2013 (Duesseldorf): Competition Policy and Regulation in a Global Economic Order, Verein für Socialpolitik / German Economic Association View citations (1)
36. Biased Bayesian learning with an application to the risk-free rate puzzle
    Working Papers, University of Pretoria, Department of Economics View citations (3)
    See also Journal Article Biased Bayesian learning with an application to the risk-free rate puzzle, Journal of Economic Dynamics and Control, Elsevier (2014) View citations (5) (2014)
37. Optimal Progressive Taxation and Education Subsidies in a Model of Endogenous Human Capital Formation
    Working Paper Series in Economics, University of Cologne, Department of Economics View citations (26)
    Also in 2010 Meeting Papers, Society for Economic Dynamics (2010)
    PIER Working Paper Archive, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania (2013) View citations (25)

2012

38. A Life-Cycle Consumption Model with Ambiguous Survival Beliefs
    2012 Meeting Papers, Society for Economic Dynamics View citations (7)
39. A decision-theoretic model of asset-price underreaction and overreaction to dividend news
    Working Papers, University of Pretoria, Department of Economics
    See also Journal Article A decision-theoretic model of asset-price underreaction and overreaction to dividend news, Annals of Finance, Springer (2013) View citations (3) (2013)

2011

40. Aging and Pension Reform in a Two-Region World: The Role of Human Capital
    MEA discussion paper series, Munich Center for the Economics of Aging (MEA) at the Max Planck Institute for Social Law and Social Policy
41. Online Appendix to "Demographic Change, Human Capital and Welfare"
    Online Appendices, Review of Economic Dynamics View citations (5)
    See also Journal Article Demographic Change, Human Capital and Welfare, Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics (2012) View citations (116) (2012)

2010

42. Demographic Change, Human Capital and Welfare
    MEA discussion paper series, Munich Center for the Economics of Aging (MEA) at the Max Planck Institute for Social Law and Social Policy View citations (7)
    See also Journal Article Demographic Change, Human Capital and Welfare, Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics (2012) View citations (116) (2012)
43. Old Europe ages: Reforms and Reform Backlashes
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (17)
    See also Chapter Old Europe Ages: Reforms and Reform Backlashes, NBER Chapters, National Bureau of Economic Research, Inc (2010) View citations (4) (2010)

2009

44. Mortality, Fertility, Education and Capital Accumulation in a Simple OLG Economy
    MEA discussion paper series, Munich Center for the Economics of Aging (MEA) at the Max Planck Institute for Social Law and Social Policy View citations (18)
    See also Journal Article Mortality, fertility, education and capital accumulation in a simple OLG economy, Journal of Population Economics, Springer (2010) View citations (35) (2010)
45. Old Europe Ages. Can it Still Prosper?
    ADBI Working Papers, Asian Development Bank Institute
46. Sharing Demographic Risk – Who is Afraid of the Baby Bust?
    2009 Meeting Papers, Society for Economic Dynamics
    Also in Sonderforschungsbereich 504 Publications, Sonderforschungsbereich 504, Universität Mannheim (2008) View citations (2)
    CESifo Working Paper Series, CESifo (2008) View citations (4)
    Papers, Sonderforschungsbreich 504 (2009)
    See also Journal Article Sharing Demographic Risk--Who Is Afraid of the Baby Bust?, American Economic Journal: Economic Policy, American Economic Association (2010) View citations (45) (2010)

2008

47. A Parsimonious Choquet Model of Subjective Life Expectancy
    Working Papers, Center for Retirement Research at Boston College, Center for Retirement Research View citations (3)
48. Sharing Demographic Risk – Who is Afraid of the Baby Bust?
    MEA discussion paper series, Munich Center for the Economics of Aging (MEA) at the Max Planck Institute for Social Law and Social Policy View citations (2)

2007

49. A Parsimonious Model of Subjective Life Expectancy
    Sonderforschungsbereich 504 Publications, Sonderforschungsbereich 504, Universität Mannheim View citations (13)
    Also in MEA discussion paper series, Munich Center for the Economics of Aging (MEA) at the Max Planck Institute for Social Law and Social Policy (2007) View citations (16)
    Papers, Sonderforschungsbreich 504 (2007) View citations (13)
    See also Journal Article A parsimonious model of subjective life expectancy, Theory and Decision, Springer (2013) View citations (39) (2013)
50. Aging and Asset Prices
    MEA discussion paper series, Munich Center for the Economics of Aging (MEA) at the Max Planck Institute for Social Law and Social Policy View citations (2)
    Also in Sonderforschungsbereich 504 Publications, Sonderforschungsbereich 504, Universität Mannheim (2005) View citations (2)
    Papers, Sonderforschungsbreich 504 (2005)
51. Attitude polarization
    MEA discussion paper series, Munich Center for the Economics of Aging (MEA) at the Max Planck Institute for Social Law and Social Policy View citations (2)
    Also in Papers, Sonderforschungsbreich 504 (2007)
    Sonderforschungsbereich 504 Publications, Sonderforschungsbereich 504, Universität Mannheim (2007)
52. Demographic Change, Human Capital and Endogenous Growth
    MEA discussion paper series, Munich Center for the Economics of Aging (MEA) at the Max Planck Institute for Social Law and Social Policy View citations (12)
    Also in Sonderforschungsbereich 504 Publications, Sonderforschungsbereich 504, Universität Mannheim (2007) View citations (13)
    Papers, Sonderforschungsbreich 504 (2007) View citations (12)
53. Demographic Change, Relative Factor Prices, International Capital Flows, and Their Differential Effects on the Welfare of Generations
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (9)
    Also in Sonderforschungsbereich 504 Publications, Sonderforschungsbereich 504, Universität Mannheim (2007) View citations (7)
    Papers, Sonderforschungsbreich 504 (2007) View citations (5)
    See also Chapter Demographic Change, Relative Factor Prices, International Capital Flows, and Their Differential Effects on the Welfare of Generations, NBER Chapters, National Bureau of Economic Research, Inc (2009) View citations (1) (2009)

2006

54. On the Consequences of Demographic Change for International Capital Flows, Rates of Returns to Capital, and the Distribution of Wealth and Welfare
    2006 Meeting Papers, Society for Economic Dynamics View citations (2)
55. On the Consequences of Demographic Change for Rates of Return to Capital, and the Distribution of Wealth and Welfare
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (12)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2006) View citations (18)
    Papers, Sonderforschungsbreich 504 (2006) View citations (17)
    MEA discussion paper series, Munich Center for the Economics of Aging (MEA) at the Max Planck Institute for Social Law and Social Policy (2006) View citations (27)
    Sonderforschungsbereich 504 Publications, Sonderforschungsbereich 504, Universität Mannheim (2006) View citations (17)
    CFS Working Paper Series, Center for Financial Studies (CFS) (2006) View citations (17)
    See also Journal Article On the consequences of demographic change for rates of returns to capital, and the distribution of wealth and welfare, Journal of Monetary Economics, Elsevier (2007) View citations (291) (2007)
56. Optimal Pension Policy in a Life-Cycle Economy with Demographic Uncertainty
    Computing in Economics and Finance 2006, Society for Computational Economics
57. Teaching Computational Economics
    Computing in Economics and Finance 2006, Society for Computational Economics

2005

58. Aging and Economic Growth: The Role of Factor Markets and of Fundamental Pension Reforms
    MEA discussion paper series, Munich Center for the Economics of Aging (MEA) at the Max Planck Institute for Social Law and Social Policy View citations (10)
59. Aging, Pension Reform, and Capital Flows: A Multi-Country Simulation Model
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (22)
    Also in Sonderforschungsbereich 504 Publications, Sonderforschungsbereich 504, Universität Mannheim (2001) View citations (3)
    Computing in Economics and Finance 2002, Society for Computational Economics (2002) View citations (3)
    Computing in Economics and Finance 2005, Society for Computational Economics (2005) View citations (21)
    Papers, Sonderforschungsbreich 504 (2001) View citations (4)
    MEA discussion paper series, Munich Center for the Economics of Aging (MEA) at the Max Planck Institute for Social Law and Social Policy (2004) View citations (13)
    MEA discussion paper series, Munich Center for the Economics of Aging (MEA) at the Max Planck Institute for Social Law and Social Policy (2003) View citations (22)
    See also Journal Article Ageing, Pension Reform and Capital Flows: A Multi‐Country Simulation Model, Economica, London School of Economics and Political Science (2006) View citations (241) (2006)
60. Moment estimation in Auerbach-Kotlikoff models: How well do they match the data?
    MEA discussion paper series, Munich Center for the Economics of Aging (MEA) at the Max Planck Institute for Social Law and Social Policy View citations (11)
61. Projection methods and scenarios for public and private pension information
    MEA discussion paper series, Munich Center for the Economics of Aging (MEA) at the Max Planck Institute for Social Law and Social Policy
    Also in Sonderforschungsbereich 504 Publications, Sonderforschungsbereich 504, Universität Mannheim (2004)
    Papers, Sonderforschungsbreich 504 (2004)

2004

62. Aging, Pension Reform, and Capital Flows
    Sonderforschungsbereich 504 Publications, Sonderforschungsbereich 504, Universität Mannheim View citations (35)
63. Hochrechnungsmethoden und Szenarien für gesetzliche und private Renteninformationen
    MEA discussion paper series, Munich Center for the Economics of Aging (MEA) at the Max Planck Institute for Social Law and Social Policy View citations (3)
64. Improving Tatonnement Methods for Solving Heterogeneous Agent Models
    Sonderforschungsbereich 504 Publications, Sonderforschungsbereich 504, Universität Mannheim View citations (10)
    Also in MEA discussion paper series, Munich Center for the Economics of Aging (MEA) at the Max Planck Institute for Social Law and Social Policy (2004) View citations (8)
    2004 Meeting Papers, Society for Economic Dynamics (2004) View citations (3)
    Papers, Sonderforschungsbreich 504 (2004) View citations (8)
65. Investment Behavior under Ambiguity: The Case of Pessimistic Decision Makers
    MEA discussion paper series, Munich Center for the Economics of Aging (MEA) at the Max Planck Institute for Social Law and Social Policy View citations (1)
    Also in Sonderforschungsbereich 504 Publications, Sonderforschungsbereich 504, Universität Mannheim (2004)
    Papers, Sonderforschungsbreich 504 (2004)
    See also Journal Article Investment behavior under ambiguity: The case of pessimistic decision makers, Mathematical Social Sciences, Elsevier (2006) View citations (10) (2006)
66. Rational Expectations and Ambiguity: A Comment on Abel
    MEA discussion paper series, Munich Center for the Economics of Aging (MEA) at the Max Planck Institute for Social Law and Social Policy
67. Rational Expectations and Ambiguity: A Comment on Abel (2002)
    Sonderforschungsbereich 504 Publications, Sonderforschungsbereich 504, Universität Mannheim View citations (3)
    Also in Papers, Sonderforschungsbreich 504 (2004)
    See also Journal Article Rational expectations and ambiguity: A comment on Abel (2002), Economics Bulletin, AccessEcon (2006) View citations (2) (2006)
68. Sind die Probleme der Bevölkerungsalterung durch eine höhere Geburtenrate lösbar?
    Munich Reprints in Economics, University of Munich, Department of Economics View citations (5)
    See also Journal Article Sind die Probleme der Bevölkerungsalterung durch eine höhere Geburtenrate lösbar?, Perspektiven der Wirtschaftspolitik, Verein für Socialpolitik (2004) View citations (8) (2004)
69. The relationship between stock prices, house prices and consumption in OECD
    Papers, Sonderforschungsbreich 504 View citations (127)
    Also in Sonderforschungsbereich 504 Publications, Sonderforschungsbereich 504, Universität Mannheim (2004) View citations (114)
70. The relationship between stock prices, house prices and consumption in OECD countries
    MEA discussion paper series, Munich Center for the Economics of Aging (MEA) at the Max Planck Institute for Social Law and Social Policy View citations (116)
    See also Journal Article The Relationship between Stock Prices, House Prices and Consumption in OECD Countries, The B.E. Journal of Macroeconomics, De Gruyter (2004) View citations (142) (2004)

2003

71. Alterung, deutsche Renditeentwicklung und Kapitalmärkte
    Munich Reprints in Economics, University of Munich, Department of Economics
72. Calibration, forecasts and sensitivity analysis in overlapping generations models
    Computing in Economics and Finance 2003, Society for Computational Economics
73. Pension reform, capital markets and the rate of return
    Munich Reprints in Economics, University of Munich, Department of Economics View citations (46)
    Also in MEA discussion paper series, Munich Center for the Economics of Aging (MEA) at the Max Planck Institute for Social Law and Social Policy (2002) View citations (8)
    See also Journal Article Pension Reform, Capital Markets and the Rate of Return, German Economic Review, De Gruyter (2003) View citations (5) (2003)

2002

74. Aging and International Capital Flows
    Sonderforschungsbereich 504 Publications, Sonderforschungsbereich 504, Universität Mannheim View citations (19)
    Also in Discussion Papers, Institut fuer Volkswirtschaftslehre und Statistik, Abteilung fuer Volkswirtschaftslehre (2001) View citations (33)
    NBER Working Papers, National Bureau of Economic Research, Inc (2001) View citations (17)
    MEA discussion paper series, Munich Center for the Economics of Aging (MEA) at the Max Planck Institute for Social Law and Social Policy (2002) View citations (34)
75. Sind die Probleme der Bevölkerungsalterung durch eine höhere Geburtenrate lösbar?
    MEA discussion paper series, Munich Center for the Economics of Aging (MEA) at the Max Planck Institute for Social Law and Social Policy
76. The Impact of Changes in Stock Prices and House Priceson Consumption in OECD Countries
    IMF Working Papers, International Monetary Fund View citations (77)

Journal Articles

2021

1. COGNITION, OPTIMISM, AND THE FORMATION OF AGE‐DEPENDENT SURVIVAL BELIEFS
   International Economic Review, 2021, 62, (2), 887-918 View citations (7)
   See also Working Paper Cognition, Optimism and the Formation of Age-Dependent Survival Beliefs, CEPR Discussion Papers (2020) View citations (3) (2020)
2. Optimal taxes on capital in the OLG model with uninsurable idiosyncratic income risk
   Journal of Public Economics, 2021, 201, (C) View citations (11)
   See also Working Paper Optimal taxes on capital in the OLG model with uninsurable idiosyncratic income risk, ICIR Working Paper Series (2021) View citations (14) (2021)

2020

3. Should Germany have built a new wall? Macroeconomic lessons from the 2015-18 refugee wave
   Journal of Monetary Economics, 2020, 113, (C), 28-55 View citations (19)
   See also Working Paper Should Germany Have Built a New Wall? Macroeconomic Lessons from the 2015-18 Refugee Wave, CEPR Discussion Papers (2020) View citations (19) (2020)

2019

4. IDIOSYNCRATIC RISK, AGGREGATE RISK, AND THE WELFARE EFFECTS OF SOCIAL SECURITY
   International Economic Review, 2019, 60, (2), 661-692 View citations (11)
   See also Working Paper Idiosyncratic risk, aggregate risk, and the welfare effects of social security, ZEW Discussion Papers (2018) (2018)

2018

5. Endogenous Grids in Higher Dimensions: Delaunay Interpolation and Hybrid Methods
   Computational Economics, 2018, 51, (3), 463-492 View citations (6)
   See also Working Paper Endogenous grids in higher dimensions: Delaunay interpolation and hybrid methods, SAFE Working Paper Series (2016) View citations (3) (2016)

2017

6. Aging and pension reform: extending the retirement age and human capital formation*
   Journal of Pension Economics and Finance, 2017, 16, (1), 81-107 View citations (36)
   See also Working Paper Aging and Pension Reform: Extending the Retirement Age and Human Capital Formation, MEA discussion paper series (2015) View citations (5) (2015)

2016

7. A life-cycle model with ambiguous survival beliefs
   Journal of Economic Theory, 2016, 162, (C), 137-180 View citations (24)
   See also Working Paper A life-cycle model with ambiguous survival beliefs, SAFE Working Paper Series (2015) View citations (2) (2015)
8. On the optimal provision of social insurance: Progressive taxation versus education subsidies in general equilibrium
   Journal of Monetary Economics, 2016, 77, (C), 72-98 View citations (107)
   See also Working Paper On the Optimal Provision of Social Insurance: Progressive Taxation versus Education Subsidies in General Equilibrium, NBER Working Papers (2015) View citations (2) (2015)

2015

9. Social security in an analytically tractable overlapping generations model with aggregate and idiosyncratic risks
   International Tax and Public Finance, 2015, 22, (4), 579-603 View citations (20)
   See also Working Paper Social security in an analytically tractable overlapping generations model with aggregate and idiosyncratic risk, SAFE Working Paper Series (2015) View citations (24) (2015)

2014

10. Aging in Europe: Reforms, International Diversification, and Behavioral Reactions
    American Economic Review, 2014, 104, (5), 224-29 View citations (36)
    See also Working Paper Aging in Europe: Reforms, international diversification and behavioral reactions, MEA discussion paper series (2014) View citations (25) (2014)
11. Biased Bayesian learning with an application to the risk-free rate puzzle
    Journal of Economic Dynamics and Control, 2014, 39, (C), 79-97 View citations (5)
    See also Working Paper Biased Bayesian learning with an application to the risk-free rate puzzle, Working Papers (2013) View citations (3) (2013)

2013

12. A decision-theoretic model of asset-price underreaction and overreaction to dividend news
    Annals of Finance, 2013, 9, (4), 625-665 View citations (3)
    See also Working Paper A decision-theoretic model of asset-price underreaction and overreaction to dividend news, Working Papers (2012) (2012)
13. A parsimonious model of subjective life expectancy
    Theory and Decision, 2013, 75, (4), 519-541 View citations (39)
    See also Working Paper A Parsimonious Model of Subjective Life Expectancy, Sonderforschungsbereich 504 Publications (2007) View citations (13) (2007)
14. Cost-of-Illness in Psoriasis: Comparing Inpatient and Outpatient Therapy
    PLOS ONE, 2013, 8, (10), 1- View citations (3)
15. Modeling the effects of structural reforms and reform backlashes: The cases of pension and labor market reforms
    Economic Modelling, 2013, 35, (C), 999-1007 View citations (5)
16. Optimal Progressive Labor Income Taxation and Education Subsidies When Education Decisions and Intergenerational Transfers Are Endogenous
    American Economic Review, 2013, 103, (3), 496-501 View citations (80)

2012

17. Demographic Change, Human Capital and Welfare
    Review of Economic Dynamics, 2012, 15, (1), 94-107 View citations (116)
    See also Software Item Code and data files for "Demographic Change, Human Capital and Welfare", Computer Codes (2011) (2011)
    Working Paper Demographic Change, Human Capital and Welfare, MEA discussion paper series (2010) View citations (7) (2010)
    Working Paper Online Appendix to "Demographic Change, Human Capital and Welfare", Online Appendices (2011) View citations (5) (2011)

2010

18. Mortality, fertility, education and capital accumulation in a simple OLG economy
    Journal of Population Economics, 2010, 23, (2), 703-735 View citations (35)
    Also in Journal of Population Economics, 2020, 33, (1), 389-389 (2020)
    See also Working Paper Mortality, Fertility, Education and Capital Accumulation in a Simple OLG Economy, MEA discussion paper series (2009) View citations (18) (2009)
19. Sharing Demographic Risk--Who Is Afraid of the Baby Bust?
    American Economic Journal: Economic Policy, 2010, 2, (4), 83-118 View citations (45)
    See also Working Paper Sharing Demographic Risk – Who is Afraid of the Baby Bust?, 2009 Meeting Papers (2009) (2009)

2009

20. Aging, Asset Markets, and Asset Returns: A View From Europe to Asia
    Asian Economic Policy Review, 2009, 4, (1), 69-92 View citations (7)
21. Living Standards in an Aging Germany: The Benefits of Reforms and the Costs of Resistance
    Journal of Economics and Statistics (Jahrbuecher fuer Nationaloekonomie und Statistik), 2009, 229, (2-3), 163-179 View citations (6)
22. On attitude polarization under Bayesian learning with non-additive beliefs
    Journal of Risk and Uncertainty, 2009, 39, (2), 181-212 View citations (20)

2007

23. On the consequences of demographic change for rates of returns to capital, and the distribution of wealth and welfare
    Journal of Monetary Economics, 2007, 54, (1), 49-87 View citations (291)
    See also Working Paper On the Consequences of Demographic Change for Rates of Return to Capital, and the Distribution of Wealth and Welfare, CEPR Discussion Papers (2006) View citations (12) (2006)
24. The Gauss-Seidel-quasi-Newton method: A hybrid algorithm for solving dynamic economic models
    Journal of Economic Dynamics and Control, 2007, 31, (5), 1610-1632 View citations (31)

2006

25. Ageing, Pension Reform and Capital Flows: A Multi‐Country Simulation Model
    Economica, 2006, 73, (292), 625-658 View citations (241)
    See also Working Paper Aging, Pension Reform, and Capital Flows: A Multi-Country Simulation Model, NBER Working Papers (2005) View citations (22) (2005)
26. Investment behavior under ambiguity: The case of pessimistic decision makers
    Mathematical Social Sciences, 2006, 52, (2), 111-130 View citations (10)
    See also Working Paper Investment Behavior under Ambiguity: The Case of Pessimistic Decision Makers, MEA discussion paper series (2004) View citations (1) (2004)
27. Rational expectations and ambiguity: A comment on Abel (2002)
    Economics Bulletin, 2006, 4, (2), 1-15 View citations (2)
    See also Working Paper Rational Expectations and Ambiguity: A Comment on Abel (2002), Sonderforschungsbereich 504 Publications (2004) View citations (3) (2004)

2004

28. Sind die Probleme der Bevölkerungsalterung durch eine höhere Geburtenrate lösbar?
    Perspektiven der Wirtschaftspolitik, 2004, 5, (1), 71-90 View citations (8)
    See also Working Paper Sind die Probleme der Bevölkerungsalterung durch eine höhere Geburtenrate lösbar?, Munich Reprints in Economics (2004) View citations (5) (2004)
29. The Relationship between Stock Prices, House Prices and Consumption in OECD Countries
    The B.E. Journal of Macroeconomics, 2004, 4, (1), 28 View citations (142)
    See also Working Paper The relationship between stock prices, house prices and consumption in OECD countries, MEA discussion paper series (2004) View citations (116) (2004)

2003

30. Pension Reform, Capital Markets and the Rate of Return
    German Economic Review, 2003, 4, (2), 151-181 View citations (5)
    Also in German Economic Review, 2003, 4, (2), 151-181 (2003) View citations (62)
    See also Working Paper Pension reform, capital markets and the rate of return, Munich Reprints in Economics (2003) View citations (46) (2003)

Chapters

2010

1. Old Europe Ages: Reforms and Reform Backlashes
   A chapter in Demography and the Economy, 2010, pp 169-204 View citations (4)
   See also Working Paper Old Europe ages: Reforms and Reform Backlashes, National Bureau of Economic Research, Inc (2010) View citations (17) (2010)

2009

2. Demographic Change, Relative Factor Prices, International Capital Flows, and Their Differential Effects on the Welfare of Generations
   A chapter in Social Security Policy in a Changing Environment, 2009, pp 385-414 View citations (1)
   See also Working Paper Demographic Change, Relative Factor Prices, International Capital Flows, and Their Differential Effects on the Welfare of Generations, National Bureau of Economic Research, Inc (2007) View citations (9) (2007)

Software Items

2011

1. Code and data files for "Demographic Change, Human Capital and Welfare"
   Computer Codes, Review of Economic Dynamics
   See also Journal Article Demographic Change, Human Capital and Welfare, Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics (2012) View citations (116) (2012)