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:	1997
Authors:	Homburg, Stefan
Published in:	Reforming the Welfare State. - Berlin : Springer, ISBN 3-540-61493-1. - 1997, p. 233-246
Publisher:	Berlin : Springer
Subject:	Umlageverfahren \| Rentenversicherung \| Pay-as-you-go \| Public pensions

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Type of publication:	Article
Type of publication (narrower categories):	Book Part
Language:	German
Other identifiers:	790779587 [GVK] hdl:10419/95248 [Handle] RePEc:zbw:espost:95248 [RePEc]
Classification:	H55 - Social Security and Public Pensions
Source:	EconStor

Persistent link: https://www.econbiz.de/10010335217