How to Avoid a Pension Crisis : A Question of Intelligent System Design

Conventional pension systems suffer from a design defect, which makes them financially unsustainable, and a source of inefficiency for the economy as a whole. The article outlines a second-best policy which includes a public pension system made up of two parallel schemes, a Bismarckian one allowing individuals to qualify for a pension by working and paying contributions in the usual way, and an unconventional one allowing them to qualify for a pension by having children, and investing time and money in their upbringing

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Year of publication:	2010
Authors:	Cigno, Alessandro
Publisher:	[2010]: [S.l.] : SSRN
Subject:	Theorie \| Theory \| Rentenreform \| Pension reform \| Gesetzliche Rentenversicherung \| Public pension system \| Deutschland \| Germany \| Umlageverfahren \| Pay-as-you-go \| Second Best \| Second best \| Fertilität \| Fertility \| Arbeitsproduktivität \| Labour productivity \| Familienleistungsausgleich \| Family benefits
Description of contents:	Abstract [papers.ssrn.com]

Extent:	1 Online-Ressource
Type of publication:	Book / Working Paper
Language:	English
Notes:	In: CESifo Economic Studies, Vol. 56, Issue 1, pp. 21-37, 2010 Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments March 2010 erstellt Volltext nicht verfügbar
Classification:	D13 - Household Production and Intrahouse Allocation ; D64 - Altruism ; H55 - Social Security and Public Pensions ; J13 - Fertility; Family Planning; Child Care; Children; Youth ; J14 - Economics of the Elderly ; J26 - Retirement; Retirement Policies
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10013147651