until 2050. To quantify the effects on pensions, taxes and social contributions, we use an overlapping generations model …

pensions. Present and future public subsidies may at the same time be reduced. We propose a quantitative analysis of the 2008 … reform of the Paris Metro pensions. Focusing on the case of train drivers, we show that the reform should save public funds …

We explore the benefits of intergenerational risk-sharing through both private funded pensions and via the public debt …

Public pay-as-you-go pensions still form the dominant pillar of old-age provision in Germany. This is in marked …

Pensions may be provided for in a modern society by a mix of several methods, namely by voluntary individual savings … workers decide on their own individual savings, that the fully-funded occupational system is decided upon by the age cohort of … pension savings are the only sources of capital supply. When capital supply equals demand from industry there is equilibrium …

voluntary federal government employee retirement savings vehicle called the Thrift Savings Plan. The G-Fund is managed as …

How can retirement savings be increased? We explore a unique policy change in the context of the German pension system … public pension payments. This reform did not change the level of pensions, but only provided information to individuals about … these letters on the behavior of individuals. We find an increase in tax-deductible private retirement savings and provide …

pensions and on a particular type of unfunded (PAYG) pension. Surprisingly little is known about the optimal split between … state the importance of PAYG pensions differs. We estimate how the optimal level of unfunded, state pensions depends on rate …

rules and developments in European regulations regarding supplementary pensions. We also compare mandatory participation in …