This paper develops a dynamic microsimulation model with static ageing to assess the consequences of the assumptions and hypothesis of the Federal Planning Bureau on the prospective adequacy of pensions. A less technical and shorter version of this text was published as Gijs Dekkers, 2000,...

Possible future trends in the development of pension adequacy are usually simulated using dynamic microsimulation models. These models are very complex and include many different processes. This, and the many individual interactions, makes it difficult to see which procedures and relations...

This article provides a brief summary of the most recent changes in public pension policies in the countries of the European Union and describes how they affect pension benefits for future pensioners. The pension systems in Europe have been changing fast. The common trends are that the...

This paper reviews alternative pension systems and examines the arguments in favour of funded pension schemes. The benefits of the latter derive mainly from long-term economic efficiency gains rather than from the immediate relief of pressures on the fiscal balance. Indeed, the transition...

The prevention of social exclusion and poverty of elderly people is one of the key objectives of the national social policies. Bearing in mind the variety and diversity of national pensions and social assistance systems, the Open Method of Coordination (OMC) in the field of pensions was...

This paper examines the advantages and disadvantages of non-financial defined contribution (NDC) pension plans relative to financial defined contribution (FDC) pension plans. It also shows how an NDC outcome can be replicated in a FDC framework.

Employment to population ratios differ markedly across OECD coun- tries, especially for people over 55. Social security features also differ markedly across the OECD, particularly with respect to replacement rates, entitlement ages and earnings tests. I conjecture that differences in social...

By using the Vietnam Living Standard Surveys in 1992/93 and 1997/98, and the Vietnam Household Living Standard Surveys in 2002 and 2004, this paper describes the patterns of living arrangements for the elderly in Vietnam and examines the determinants of such arrangements during the past decade....

Many studies have suggested that, under the context of high economic growth and strong flows of laborers from rural to urban areas, living arrangements of the elderly people, particularly elderly women, and familial relations will be more vulnerable to a variety of social and economic risks....

We apply dynamic probit models allowing for unobserved heterogeneity and endogenous initial conditions to IT-SILC data to investigate the low income persistence of households with disabled members. We find that their probability of being in a low income state is higher when compared with...