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We find that segments of society who have shorter life expectancy can expect a lower retirement income and lifetime utility due to the longevity of other groups participating in the same pension scheme. Linking retirement age to average life expectancy magnifies the negative effect on the...
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research project called AGIR. The project tries to establish facts and evidence on the ageing process in EU countries and … relate this process with health and retirement issues. Five dimensions of the ageing process have been considered: population …, mortality, longevity, lifecourses and morbidity. Conventionally measured ageing can be caused by low fertility and longer lives …
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The extent, speed and impact of population ageing have often been exaggerated because standard indicators such as the …
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In most OECD countries, pension reform policy has decreased the level of intragenerational redistribution over the last three decades, that is, redistribution among members of the same generation with high and low pension entitlements. This trend has occurred despite heterogeneity in life...
Persistent link: https://www.econbiz.de/10013174148
In most OECD countries, pension reform policy has decreased the level of intragenerational redistribution over the last three decades, that is, redistribution among members of the same generation with high and low pension entitlements. This trend has occurred despite heterogeneity in life...
Persistent link: https://www.econbiz.de/10013184496