constructed for revenue and expenditure. They show that the rising number of social benefit earners (pensions, unemployment) is …

Social Security programmes around the world link public pensions to retirement: people do not lose their pensions if … consistent with it. The main idea is that pensions are a means to induce retirement, that is, to buy the elderly out of the … higher. Retirement is desirable in this case, and social security transfers are the means by which such retirement is induced …

-as-you-go mechanism for public retirement pensions, when adopted in a dualistic economic system, penalises the most dynamic demographic … show that the Italian case study, which compares the contributions/retirement pensions ratio of the poorer but more rapidly …

The present Paper studies the retirement incentives for elderly people in Belgium. We model the incentive structure … built into the various public early retirement and retirement systems. First, we compute indicators of benefit entitlement … as of the implicit tax rates the elderly workers face in case of delayed retirement. We find strong evidence of social …

This paper studies the design of retirement and disability policies. It illustrates the often observed exit from the … social welfare. Benefits depend on retirement age and on the (reported) health status. We determine first- and second …-best optimal benefit levels and retirement ages and focus on the distortions which may be induced in the individuals’ retirement …

state pensions. The analysis suggests that, while the slowdown in European population growth raises some potential problems …

divorced women is growing, but their pension prospects are poor. The paper outlines current British arrangements for pensions …