Old age pension systems: A theoretical evaluation

The paper evaluates the theoretical literature on public pension schemes. First, the terms pay-as-you-go and capital reserve are made precise. These two systems are then compared, followed by a consideration of their efficiency properties. Thereafter conversion policies are discussed.

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Year of publication:	2014
Authors:	Homburg, Stefan
Publisher:	Hannover : Leibniz Universität Hannover, Wirtschaftswissenschaftliche Fakultät
Subject:	Public Pensions \| Overlapping Generations

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Series:	Diskussionsbeitrag ; 524
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Working Paper
Language:	English
Other identifiers:	776136712 [GVK] hdl:10419/92942 [Handle] RePEc:han:dpaper:dp-524 [RePEc]
Classification:	H21 - Efficiency; Optimal Taxation ; H55 - Social Security and Public Pensions
Source:	EconStor

Persistent link: https://www.econbiz.de/10010332623