One of the key trends in European pension reforms has been the introduction of private elements to first-pillar public pension schemes. However, the administrative logics of these public private partnerships (PPPs) have not been yet studied systematically. This study develops a theoretical...

This paper quantifies the economic well-being of different age groups and the extent of their reliance on incomes from public and private sources. The aim is to establish how social benefits, and the taxes needed to finance them, affect income levels and disparities across different age groups....

The promotion of pension fund capitalism has been considered an intrinsic part in the financialization of European pension systems. The evolution of Finnish pension system challenges this relationship: Finnish pension funds have embraced the idea of international portfolio management, but this...