The paper inquires into notional defined contribution pension schemes, which retain the pay-as-you-go financing method while adopting the award and indexation formulas typical of funded, defined-contribution systems. It examines the properties of the new arrangement and compares them with those of the traditional defined-benefit pay-as-you-go schemes
Around the world, Pay-As-You-Go (PAYGO) public pension programs face serious long-term fiscal proble...
The article presents a method for calculating the cross-section internal rate of return on contribut...
The article presents a method for calculating the cross-section internal rate of return on contribut...
There are three main challenges facing pay-as-you-go public pension systems. First, pension systems ...
This paper provides a critical review of the pension reform strategy which turns defined benefits (D...
There are three main challenges facing pay-as-you-go public pension systems. First, pension systems ...
There are three main challenges facing pay-as-you-go public pension systems. First, pension systems ...
Notional defined contribution (NDC) systems have strongly been being debated in the worldwide pensio...
Notional Defined Contribution pension schemes are defined contribution plans which are pay-as-you-go...
The introduction of Notional (non-financial) Defined Contribution (NDC) pension accounts as componen...
This paper provides a critical review of the pension reform strategy which turns defined benefits (D...
In classical pension design, there are essentially two kinds of pension schemes: Defined Benefit (DB...
This paper has two parts. Part 1 presents the basic ideas underlying notional defined contribution (...
Abstract. The present paper deals with some basic characteristics of both pension finance systems pa...
Abstract The notional defined contribution pension scheme combines pay-as-you-go financing and a def...
Around the world, Pay-As-You-Go (PAYGO) public pension programs face serious long-term fiscal proble...
The article presents a method for calculating the cross-section internal rate of return on contribut...
The article presents a method for calculating the cross-section internal rate of return on contribut...
There are three main challenges facing pay-as-you-go public pension systems. First, pension systems ...
This paper provides a critical review of the pension reform strategy which turns defined benefits (D...
There are three main challenges facing pay-as-you-go public pension systems. First, pension systems ...
There are three main challenges facing pay-as-you-go public pension systems. First, pension systems ...
Notional defined contribution (NDC) systems have strongly been being debated in the worldwide pensio...
Notional Defined Contribution pension schemes are defined contribution plans which are pay-as-you-go...
The introduction of Notional (non-financial) Defined Contribution (NDC) pension accounts as componen...
This paper provides a critical review of the pension reform strategy which turns defined benefits (D...
In classical pension design, there are essentially two kinds of pension schemes: Defined Benefit (DB...
This paper has two parts. Part 1 presents the basic ideas underlying notional defined contribution (...
Abstract. The present paper deals with some basic characteristics of both pension finance systems pa...
Abstract The notional defined contribution pension scheme combines pay-as-you-go financing and a def...
Around the world, Pay-As-You-Go (PAYGO) public pension programs face serious long-term fiscal proble...
The article presents a method for calculating the cross-section internal rate of return on contribut...
The article presents a method for calculating the cross-section internal rate of return on contribut...
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