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 |
---|---|
Autor principal: | |
Formato: | Electrónico eBook |
Idioma: | Inglés |
Publicado: |
Amsterdam ; London :
Elsevier,
2004.
|
Colección: | Contributions to economic analysis ;
264. |
Temas: | |
Acceso en línea: | Texto completo |
Tabla de Contenidos:
- Cover
- Introduction to the Series
- Preface
- Contents
- Chapter 1. Introduction
- 1.1 Focus of the analysis
- 1.2 Structure and overview
- Chapter 2. Unfunded Pension Systems
- 2.1 Mechanisms of unfunded and funded pension systems
- 2.2 The concept of implicit taxes and implicit debt
- 2.3 Conclusion
- Appendix A2. Solow-Swan growth model
- Appendix B2. Derivation of Equation 2.28
- Chapter 3. Projected Development of Fundamental Factors
- 3.1 Determinants of the population growth
- 3.2 Development of the total population
- 3.3 Conclusion
- Appendix A3. Development of the population
- Appendix B3. Dependency ratio
- Chapter 4. Country Studies
- 4.1 Characteristics of pension systems
- 4.2 Recent reforms of pension systems
- 4.3 Conclusion
- Chapter 5. Welfare Analysis of Pension Reforms
- 5.1 Intergenerationally efficient reforms
- 5.2 Intrapersonally efficient reforms
- Appendix A5. Standardised work biographies
- Appendix B5. Derivation of Equation 5.14
- Appendix C5. Description of the German Socio-Economic Panel (GSOEP)
- Appendix D5. Estimates for the wage equation: men and married women
- Appendix E5. Results of the Tobit model: smaller sub-groups
- Appendix F5. Time structure of implicit taxes and wage elasticities
- Chapter 6. Political Feasibility of Pension Reforms
- 6.1 Intergenerational redistribution
- 6.2 Voting model
- 6.3 Feasibility of pension reforms
- 6.4 Conclusion
- Appendix A6. Calculating the median age
- Appendix B6. Calculating the indifference age
- Chapter 7. Mobility as a Counterforce to Gerontocracy
- 7.1 Voting model with mobility
- 7.2 Mobility as a commitment device
- Appendix A7. Social planner problem
- Appendix B7. Monetary costs of education
- Chapter 8. Qualitative Aspects of Migration
- 8.1 Description of the data
- 8.2 Estimation of the intention to migrate
- 8.3 Conclusion
- Appendix A8. Descriptive statistics
- Appendix B8. Probit estimation
- Appendix C8. Probit model
- Chapter 9. Sustainability of Pension Systems with Systems Competition
- 9.1 Status quo
- 9.2 Theoretical results when pension systems are similar
- 9.3 Institutional distribution of competence between the national and the European Level
- 9.4 Comparison of the theoretical and institutional results
- 9.5 Alternative options when pension systems are different
- 9.6 Conclusion
- Appendix A9. Art. 117 ToR and Art. 136 ECT
- Appendix B9. Art. 118 ToR and Art. 137 ECT
- Chapter 10. Conclusion
- References
- Symbol Glossary
- Subject Index
- Last Page.