Balassone, Fabrizio; Pavot, Jeanne; Cunha, Jorge Correia da - 2009
In this paper we examine the sustainability of euro area public finances against the backdrop of population ageing. We … critically assess the widely used projections of the Working Group on Ageing Populations (AWG) of the EU's Economic Policy … alternative indicators to quantify sustainability gaps for euro area countries. With respect to the policy implications, we assess …