The Croatian system of old-age provision comprises a traditional public pay-as-you-go scheme and a mandatory funded scheme ("second pillar") that will provide increasing amounts of supplementary pensions to those entering retirement in the future. Due to the continuing economic crisis, the...

This study provides a comprehensive analysis of the generational wealth transfer within Sweden's public pay-as-you-go pension system introduced in 1960. Using extensive administrative registers, the paper quantifies the contributions made and benefits received by each birth cohort. The findings...

Die Debatte um die Zukunft der Alterssicherung will nicht abebben. Und das trotz des tiefsten Kriseneinbruchs in der Geschichte der Bundesrepublik. Das mag auf den ersten Blick verwundern – doch der innere Zusammenhang zwischen Krisendebatte und der Zukunft der Alterssicherung ist nicht zu...