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characteristics of the average pensioner and in the parameters that describe how pensions are calculated in Spain as a function of …This paper develops a simple model that can be used to analyze the long-term sustainability of the contributive pension …
Persistent link: https://www.econbiz.de/10009004372
characteristics of the average pensioner and in the parameters that describe how pensions are calculated in Spain as a function of …This paper develops a simple model that can be used to analyze the long-term sustainability of the contributive pension …
Persistent link: https://www.econbiz.de/10010547191
This paper provides the first estimate of the actuarial balance of the Spanish contributory pension system for the old age contingency, based on official data. The novel entry in the balance sheet, named "Contribution Asset" or "Hidden Asset", is at the centre of the theoretical discussion. A...
Persistent link: https://www.econbiz.de/10010264278
This paper provides the first estimate of the actuarial balance of the Spanish contributory pension system for the old age contingency, based on official data. The novel entry in the balance sheet, named “Contribution Asset” or “Hidden Asset”, is at the centre of the theoretical...
Persistent link: https://www.econbiz.de/10005405839
basis for a more general analysis that will be dedicated to the functioning and sustainability of pay-as-you-go to finance …
Persistent link: https://www.econbiz.de/10011259816
Since the early 90's, the Federal Planning Bureau assesses the sustainability of pensions in Belgium. Since a couple of … years, it uses a dynamic microsimulation model, MIDAS_BE, to assess the development of the adequacy of pensions. This …
Persistent link: https://www.econbiz.de/10008855800
sustainability of pay-as-you-go to finance the welfare system in developed countries. Thsi paper constitutes Chapert 2.. Chapter 1 …
Persistent link: https://www.econbiz.de/10011110362
We study the sustainability of pension systems using a life-cycle model with distortionary taxation that sets an upper … welfare of a number of policies often advocated to improve the sustainability of pension systems. New tax data on dynamic …
Persistent link: https://www.econbiz.de/10011864671
age, reducing the replacement rate, or introducing a sustainability factor linking pension to life expectancy. The aim of … Spain but that could have a significant impact if it were fully implemented. This reform, called ‘silent reform’ because it … is imperceptible to citizens in its early stages, basically consists in increasing maximum pensions in line with …
Persistent link: https://www.econbiz.de/10011657538
developed countries have created government reserve funds to ensure macroeconomic sustainability. This paper aims to study the … importance that this reserve fund plays in the sustainability of the Spanish public pension system. Using data for the 2000 to …
Persistent link: https://www.econbiz.de/10013363083