Unfunded pension systems : ageing and migration /
Pension systems in most industrialised countries are unfunded, i.e. they are pay-as-you-go financed and thus depend on a well-balanced ratio (old) recipients to (young) contributors. This so-called dependency ratio will worsen significantly in the next few decades due to two developments: ageing of...
Clasificación: | Libro Electrónico |
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Autor principal: | |
Formato: | Electrónico eBook |
Idioma: | Inglés |
Publicado: |
Amsterdam ; London :
Elsevier,
2004.
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Colección: | Contributions to economic analysis ;
264. |
Temas: | |
Acceso en línea: | Texto completo |
Sumario: | Pension systems in most industrialised countries are unfunded, i.e. they are pay-as-you-go financed and thus depend on a well-balanced ratio (old) recipients to (young) contributors. This so-called dependency ratio will worsen significantly in the next few decades due to two developments: ageing of the population and increased labour mobility. This book analyses the viability of unfunded pension systems in the presence of the projected demographic evolution. The analysis focuses on questions concerning a) efficiency considerations and the possibility of welfare improvements; b) political econom. |
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Descripción Física: | 1 online resource (xii, 271 pages) : illustrations |
Bibliografía: | Includes bibliographical references and index. |
ISBN: | 9780080474670 0080474675 |
ISSN: | 0573-8555 ; |