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"overlapping generations model". The analysis is first applied to democratic decision making, based on majority voting. In Finland …
Persistent link: https://www.econbiz.de/10003811800
The earnings-related pension system is partially pre-funded in Finland and has currently large reserves. This has …
Persistent link: https://www.econbiz.de/10008667966
This study analyzes the sustainability implications of demographic and investment risks in the Finnish private sector pension system (TyEL). The results show that current contribution rate is likely to be too low to finance the future higher expenditure. The main sustainability problem is not,...
Persistent link: https://www.econbiz.de/10003714896
We study the extent to which retired households in Finland could supplement their mandatory pension benefits by … stream. In addition, we use a life cycle consumption-savings model to study which kind of households' in Finland would …
Persistent link: https://www.econbiz.de/10003714928
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