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

Edgar Vogel, Alexander Ludwig, Axel Boersch-Supan

NBER Retirement Research Center Paper No. NB 11-13
Issued in September 2011

---- Acknowledgements -----

This research was supported by the U.S. Social Security Administration through grant # 5RRC08098400-03-00 to the National Bureau of Economic Research (NBER) as part of the SSA Retirement Research Consortium. The findings and conclusions expressed are solely those of the authors and do not represent the views of the SSA, any agency of the Federal Government, the NBER, or of the European Central Bank (ECB). Further financial support by the State of Baden-W¨ rttemberg and the German u Insurers Association (GDV) is gratefully acknowledged.

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