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Mekanismer til horisontal omfordeling af indkomst ... - lah@sam.sdu.dk

Mekanismer til horisontal omfordeling af indkomst ... - lah@sam.sdu.dk

Mekanismer til horisontal omfordeling af indkomst ... - lah@sam.sdu.dk

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XIV.10 Afkastraten 1<br />

Generation 1’s indbetaling<br />

i periode 1<br />

Afkastrate (forrentningsfaktor)<br />

t ⋅ w<br />

1<br />

⋅ A<br />

1<br />

⋅<br />

( 1 + r )<br />

=<br />

t ⋅ w (1 + w ~<br />

1<br />

1<br />

) ⋅ A<br />

1<br />

( 1 + )<br />

A ~<br />

1<br />

Generation 1’s pensionsydelse i periode 2 bestemt <strong>af</strong><br />

generation 2’s indbetaling i periode 2 for fastholdt<br />

»skatterate«

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