We argue that long term sustainability of social security systems requires not only better equilibrium between the proportion in retirement and in employment but also an equitable distribution of the additional financial burden that aging inevitably will require. We examine how a proportional fixed ratios model of burden sharing between the aged and non-aged will establish inter-generational equity. Additionally we address the question of intra-generational equity and argue that the positive association between lifetime income and longevity requires more progressive financing of pensions and of care for the elderly
A premature death unexpectedly brings a life and a career to their end, leading to substantial welfa...
An increasing number of empirical studies have shown a positive relationship between lifetime income...
Abstract We build a general equilibrium model with endogenous saving, labor force participation, wor...
We argue that long term sustainability of social security systems requires not only better equilibri...
Challenges raised by ageing (increasing longevity) have prompted policy debates featuring policy pro...
In this paper we study the effects of an increasing longevity on the balanced pay-as-you-go pension ...
Abstract. This chapter describes how work, savings and social security have structured the life cour...
We analyze optimal social security in a two-period overlapping generations model with endogenous ret...
We analyze the e¤ects of changes in the mortality rate upon life expectancy, education, retirement a...
In this paper, we develop a two-period overlapping generations model with two types of individuals, ...
In many European countries, population aging had led to debate about a switch from conventional unfu...
Life expectancy di¤ers across socio economic groups and according to indi-vidual health endowments. ...
Under existing welfare arrangements, an increase in life expectancy may pose a serious threat to fis...
This document provides a world comparative analysis regarding the design and reform of pension syste...
A premature death unexpectedly brings a life and a career to their end, leading to substantial welfa...
A premature death unexpectedly brings a life and a career to their end, leading to substantial welfa...
An increasing number of empirical studies have shown a positive relationship between lifetime income...
Abstract We build a general equilibrium model with endogenous saving, labor force participation, wor...
We argue that long term sustainability of social security systems requires not only better equilibri...
Challenges raised by ageing (increasing longevity) have prompted policy debates featuring policy pro...
In this paper we study the effects of an increasing longevity on the balanced pay-as-you-go pension ...
Abstract. This chapter describes how work, savings and social security have structured the life cour...
We analyze optimal social security in a two-period overlapping generations model with endogenous ret...
We analyze the e¤ects of changes in the mortality rate upon life expectancy, education, retirement a...
In this paper, we develop a two-period overlapping generations model with two types of individuals, ...
In many European countries, population aging had led to debate about a switch from conventional unfu...
Life expectancy di¤ers across socio economic groups and according to indi-vidual health endowments. ...
Under existing welfare arrangements, an increase in life expectancy may pose a serious threat to fis...
This document provides a world comparative analysis regarding the design and reform of pension syste...
A premature death unexpectedly brings a life and a career to their end, leading to substantial welfa...
A premature death unexpectedly brings a life and a career to their end, leading to substantial welfa...
An increasing number of empirical studies have shown a positive relationship between lifetime income...
Abstract We build a general equilibrium model with endogenous saving, labor force participation, wor...