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 …

one-sided reading of the evidence. An analysis of the changing composition of the income of the elderly population shows … that the fall in the labour force participation of older people and the increased importance of state pension income has …

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 …

This Paper considers the optimal design of public pension provision for the retired and income support for those of …

-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 …

and income inequality among pensioners in Hungary before the introduction of pension reforms. We find that the old system …

higher taxes and more early retirement. However, when income effects are factored in, the model suggests that periods of … stagnation – characterized by decreasing labour income – may lead middle-aged individuals to postpone retirement. …

of unfunded state pensions differs. We estimate how the optimal level of unfunded state pensions depends on rate of … return and income risks and also upon the actuarial fairness of annuity contracts. We focus on the case of Japan where ageing … is rapid and unfunded pensions are currently generous. …