for the present century, where birth and mortality rates in most western countries are steeply declining. …

We develop an OLG model with realistic assumptions about longevity to analyze the welfare effects of raising the …

chosen. In the case of mandatory retirement, increasing longevity has an unambiguously negative impact on fertility and …

This paper demonstrates that the link between heterogeneity in longevity and lifetime income across countries is mostly … significantly reduce the effects of heterogeneity in longevity through changes in pension design. The paper suggests and explores a …

The introduction of NDC public pension scheme in few European countries, such as Latvia, Sweden, Italy, and Poland, in … accounts. However, some degree of political involvement with the working of the pension systems has continued (f.e., in Italy … with a discontinuous working history in Italy and Sweden suggest that the replacement rates will be low, unless the …