Url, Thomas - In: WIFO Monatsberichte (monthly reports) 74 (2001) 2, pp. 121-128
International studies call for converting the old-age pension scheme from the pay-as-you-go system to a fully funded system. Instead of immediately paying out collected contributions to old-age pensioners, as is the case in a pay-as-you-go scheme, income from contributions is to be invested in...